AUSTIN, TX, Aug. 3 /PRNewswire/ - AGR Tools, Inc. (OTCBB: AGRT) is pleased to announce that it has expanded its distribution network to the State of Delaware. Located in New Castle County, the company's new distribution center will serve a population of over one million people and focus on the growing construction and demolition industries in this region, which has an estimated annual diamond tool market of $15 million.
"Our new Delaware dealership brings us closer to achieving our goal of having market coverage throughout North America," commented Rock Rutherford, the President and CEO of AGR. "It will allow us to offer local customer service to our clients in the state and provide them directly with low-cost, high-quality products."
About AGR Tools, Inc.
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AGR Tools, Inc. is a public company with its common stock quoted on the OTC Bulletin Board under the symbol AGRT, and the Berlin and Stuttgart Stock Exchanges under the symbol LVSA. Its wholly owned subsidiary, AGR Stone & Tools USA, Inc. ("AGR USA"), is a contract manufacturer and distributor of tooling and accessories to the construction, building maintenance and demolition industries in the United States and Canada. AGR USA supplies more than 700 products through its stocking dealership network and website, including diamond based tools and adhesives, and it specializes in producing consumable tooling for the natural stone, engineered stone, concrete and masonry industries. Its goal is to provide its clients with superior quality products, excellent customer service and the most competitive prices in the diamond tooling industry. AGR USA has conducted extensive research and testing of its products, and uses the latest technologies to assure it is at the forefront of the diamond tooling industry.
More information on AGR and AGR USA can be found at: www.agrtools.com.
Forward-Looking Statements:
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Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See AGR Tools, Inc.'s filings with the United States Securities and Exchange Commission which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
SOURCE AGR Tools Inc.
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