Dec 4 2009
AGR Tools, Inc., is pleased to announce that AGR Stone & Tools USA, Inc., with which AGR Tools, Inc. has entered into a binding share exchange agreement, has recently expanded their distribution network to the state of Oklahoma.
With approximately 3.5 million in population and a multi-million dollar diamond tool market, Oklahoma will allow AGR Stone & Tools USA, Inc. to continue its' increasing expansion into the North American market. Located in Tulsa, Oklahoma, AGR's distribution center will be able to service the entire state's general contractors, granite fabricators, concrete contractors, stonemasons, tile contractors, and other construction professionals. AGR Stone & Tools USA, Inc. will also be positioned to take advantage of the large amount of government infrastructure spending in the state of Oklahoma.
AGR Stone & Tools USA, Inc.'s entry into the Oklahoma market will be instrumental in the expansion objectives AGR has outlined for 2009. The Oklahoma market adds to the growing list of AGR Stone & Tools USA, Inc. distribution centers throughout North America and is the latest of AGR's 18 distributors in 15 states and provinces in the United States and Canada.
As the only major manufacturer of diamond tools that markets and distributes its' products directly to their customers, AGR Stone & Tools USA, Inc. has a major advantage over its' competition. By selling directly, AGR plans to control a quarter of the approximately $8 billion North American diamond tool market. "Our goal is 25% of the market which equates to $2 billion in sales. As our distribution network continues to grow, that goal is becoming more and more a reality", said CEO of AGR Stone & Tools USA, Inc., Rock Rutherford.
Source: http://www.agrtools.com/