Harbor Guard Boats Gets Order for Firehawk 2426
Medina International Holdings, Inc., (OTC Bulletin Board: MIHI) has received an order for a Firehawk 2426 fire rescue boat from the City of Poughkeepsie Fire Department, New York, through its wholly owned subsidiary, Harbor Guard Boats, Inc. Daniel Medina, President of Medina International Holdings, Inc. said, "This boat will be used for fire suppression, dive and rescue purposes on the Hudson River. This is the third Firehawk order from the New York capital region and is becoming a primary choice for fire rescue and dive teams."
Medina International and Subsidiaries Move
Management of Medina International Holdings, Inc. (Pink Sheets: MIHI) signed a lease to rent a manufacturing facility in the city of Corona, California. "This new larger facility will enable us to consolidate production process in one location with substantial reduction in rent compared to the Costa Mesa Facility," said Daniel Medina, President of Medina International Holdings, Inc. "The Corona facility was previously leased by a boat manufacturer, providing us with the necessity of minimal modifications of building to manufacture our watercrafts," said Madhava Rao Mankal, Chief Financial Officer of Medina International Holdings, Inc.
Medina Gets Order for Firehawk 37
Medina International Holdings, Inc. received an order for a Firehawk 37 boat from Lake Norman Fire Department through its wholly owned subsidiary Harbor Guard Boats, Inc. "This is a significant order for us and we are very pleased to receive this order, as this is the first order for a 37' fire rescue boat going to North Carolina," said Daniel Medina, CEO of Medina International Holdings, Inc. "This boat, when delivered, will be put into service on Lake Norman, North Carolina. The Firehawk 37' is a perfect choice for the missions the fire department anticipates, and we are certain they will be satisfied with the Firehawk 37' boat's unique and patented features." (www.medinaih.com)
Medina Int’l Acquires Harbor Guard Boats
Medina International Holdings, Inc. (Pink Sheets: MIHI), a manufacturer of specialized search and rescue boats, announced that it has completed the acquisition of Harbor Guard Boats, Inc. Harbor Guard Boats, Inc. manufactures fire rescue, rescue and patrol boats. Harbor Guard Boats, Inc. had sales of approximately $693,455, $575,110 and $1,478,479 for the years ended April 30, 2007, 2008 and 2009 respectively. Chief financial officer of Medina International Holdings, Inc. Rao Mankal commented, "This acquisition represents a significant step forward in increasing our product line. Albert Mardikian, Chief Executive Officer of Harbor Guard Boats, Inc. said, "I am enthusiastic about this merger.
