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Show The National Enterprise , October 13, 1976 Page twelve Radwood Plant Expansion Progressing ROCKAWAY, N.J. Radiation Tech- nology, Inc. (OTC .625, 1.00) has obtained a SB A long $100,000, 6.625 percent term loan for the purchase of a key piece of automated equipment. The purchase is part of a capital investment program designed to more than double the companys capacity to d produce Radwood, , an and irradiated hardwood flooring sold nationally through representatives and dis15-ye- ar acrylic-impregnate- tributors. President of Radiation Technology, Martin A. Welt said the new production facility, housed in a separate building adjacent to the companys headquarters and plant in Rockaway, would become operational within the month. Noting that the decision to expand Radwood production capacity had been made last year. Welt said sales have surpassed our prior projections and we now need the new facility not only to provide room for further growth but to keep pace with the volume of orders currently being received." Welt said Radwood sales are presently running at a rate of "more than $750,000 a year," and that the product is the single largest contributor to the companys financial results. Besides enabling the company to increase its output substantially. Welt said the new piece of finishing equipment should have a beneficial effect on profit margins by significantly lowering per unit costs. Radiation Technology is one of just three firms actively competing in the acrylichardwood flooring area. Welt said. Industry forecasts project growth in the total market for acrylichardwood flooring to the $30 million-plu- s level annually by 1980, from a present level of less than $10 million per And Radiation Technology is in a year. good position to continue to capture a growing share of this market, he said. Reach every businessman in the West. . by county, net worth, number of employees, or type of business. If you want to deliver a sales message to business executives, we can handle it with our complete list of over 20,000 businesses. Each listing is current with chief executive and his title. Target marketing at its best. In addition we have on our files 28,000 other types of listings, from sports enthusiasts to school teachers, from senior citizens to yacht club members, from professional men to credit card holders, from private investors to high school seniors. Plus, if a personal sales or thank you letter is part of your package, we can produce it at a fraction of the cost and time of your best secretary. We can aid in your communication problems too, with our elite answering service. Let us help you pinpoint your market. Call us for an appointment. MAILING TRANS-AMERIC- A Div. of Trans-Americ- a Marketing Enterprise 531-658- 4 2285 S. Main SLC, Utah 84115 |