On June 25, RJD Green Inc. (OTC: RJDG) announced that its division, Silex Holdings, secured distribution and installation rights for a new product line set to launch in August 2024. The news release highlighted Silex Holdings' strategic focus on acquiring rights for products that align with its core operations, emphasizing synergy and market expansion.
The focus is on manufacturing products such as countertops and walls from materials like quartz, marble, granite, quartzite, and other stones. The company also announced a robust sales and marketing initiative to maximize Silex's revenue and profit potential from these products.
It was noted that the Silex Holdings team enhanced opportunities by securing installation and sales rights for several new offerings. These include four cabinetry products: facets, hardware, flooring, commercial and residential doors, and tile. This comprehensive product collection enables RJD Green customers to make purchases seamlessly in a single process.
The products will be available to a wide range of customers, from home builders and remodelers to retail DIY enthusiasts and commercial contractors. This diverse customer base is expected to drive higher revenues and profits, leveraging Silex's four-state focus to significantly boost its brand presence.
Recently highlighted alongside Crown Electrokinetics Corp. (NASDAQ: CRKN) prior to 1:150 stock split effective June 25, 2024, Presto Automation Inc. (NASDAQ: PRST), Selina Hospitality PLC (NASDAQ: SLNA), and Houston Natural Resources Corporation (OTC: HNRC), see: Investor Spotlight: Key Developments Boost Interest In - MarketScreener
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