Firemans Contractors Lands Major Client Managing $2 Billion In
Parking Lot Assets
FORT WORTH, Texas, Oct. 25, 2012 /PRNewswire/ -- Firemans
Contractors, Inc. (OTCBB: FRCN) (OTCQB: FRCN) announced
today the signing of significant parking maintenance contracts with
a company that has led the industry nationally in the
acquisition of parking facilities over the last five years. The
major new client also manages more than $2
billion worth of parking garages, lots, and meters for
businesses, airports, hotels, college and university campuses, and
government and municipal agencies.
(Logo:
http://photos.prnewswire.com/prnh/20120920/DA77955LOGO)
"This important new business relationship will help us expand
our franchise development program," said Renee Gilmore, chief executive officer and
director of Firemans Contractors. "This industry-leading company
operates more than 180,000 parking spaces for government agencies
from large and complex public garages and surface lots to some of
the biggest on-street parking systems in the world.
"We are very excited to have the opportunity to provide quality
services to this new client and add them to our base of valued
customers," Gilmore said.
Firemans Contractors recently provided bids totaling
$294,805.88 to the new client on
several properties, with $70,281.59
awarded so far. The franchising company, which successfully
launched its first franchise in July, is projecting another
$76,000 in contracts from the new
client by late November.
"We have been awarded nearly a fourth of the bid estimates we
have made so far," said Aaron
Gilmore, founder and chief operating officer of Firemans
Contractors, which provides parking lot, road, and pavement
improvement, maintenance, and repair services to commercial and
government clients in Texas and
across the country. "We expect a strong relationship with this
important strategic client, and we will continue providing quality
services for them."
Board approves increase to authorized common shares to
support growth and expanding franchise development plans.
To support this new business growth and facilitate franchise
development plans, the board of directors of Firemans Contractors
has decided that it is in the best interest of the company and its
shareholders to increase authorized capital, said CEO Renee Gilmore. On Oct.
12, 2012, the company filed a Schedule PRE14C Information
Statement with the Securities and Exchange Commission (SEC)
notifying shareholders of an amendment to its Articles of
Incorporation to increase the number of shares of common stock.
"This strategic step forward will help focus the company for a
new phase of growth and increase shareholder value," said CEO
Gilmore.
About Firemans Contractors — "Contractors You Can
Trust"
Founded in 2009 by COO Aaron
Gilmore, a firefighter and director of the company, Firemans
Contractors is recognized for its integrity, strong customer
relationships, and high-quality performance at competitive prices.
The company, which recently began its franchise development, is a
member of the Veterans Transition Franchise Initiative and donates
a percentage of its profits to local Firefighters'
Associations.
Firemans Contractors' professional services include road
improvements, pavement maintenance, seal coating, parking lot
striping, pavement marking, asphalt maintenance and repair, and
Americans with Disabilities Act (ADA) compliance services.
Among the company's commercial and government clients are
schools and universities, hotel, restaurant, and retail chains;
banks, clinics, food and chemical companies, and major corporations
across Texas.
To learn more about the Firemans Contractors franchise program,
visit Firemans Contractors Franchise Opportunities.
For more information or an interview contact:
Renee Gilmore
Chief Executive Officer
Firemans Contractors, Inc.
http://www.firemanscontractors.com/
2406 Gravel Road
Fort Worth, TX 76118
1 (800) 475-1479
1 (888) 899-5957 Fax
Media@FiremansContractors.com
SOURCE Firemans Contractors, Inc.
