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Global Diversified Industries, Inc. Modular Divisions Expecting to Greatly Increase New Business From California Bond Passages Worth $9 Billion; Total Bond Measures Valued Over $21 Billion
Chowchilla, CA (ots) - Global Diversified Industries, Inc. (OTC
BB: GDVI) focused on the modular building industry with emphasis on
the education market, reports they are ramping up their manufacturing
resources to accommodate what is expected to be a prosperous year in
the modular classroom industry.
Above and beyond the $12.3 billion (Kindergarten-University Public
Education Facilities Bond Act, Prop.55) passage on March 2, 2004,
several independent school bond measures passed throughout the state
worth over $9 billion. This brings the total revenue to be utilized
from both local and state bond measures over $21 billion.
Global Diversified Industries, Inc. Chairman & CEO Phil Hamilton
reports, "the impact from these bond passages for the modular
building industry over the next two years should be monumental." For
the past two years, many school districts have been patiently waiting
for funds to modernize their campuses. Most of the modernization
projects will include new classroom, multi-purpose, healthy start and
child care space. Hamilton said, "Global Diversified Industries, Inc.
subsidiaries are working feverishly to respond to inquiries in a
timely manner. With the ever-changing trend in portable classroom and
modular type school designs, the modular vendor who can best
accommodate school districts needs by offering a diversified
repertoire of designs, will position themselves to gain a competitive
advantage and capture an abundant portion of this business."
About Global Diversified Industries, Inc.
Global Diversified Industries, Inc. is a holding company
controlling two wholly owned subsidiaries. For investor information
contact Paul Knopick at 949-707-5365 or
ots Originaltext: Global Diversified Industries Inc.