CTI Industries Corp (CTIB) Announces Purchase Orders Valued at $7.85M
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CTI Industries Corporation Receives Purchase Orders for 167,000 Vacuum Sealing Machines -- Order Value of $7.85 Million
August 15, 2016 1:07 PM EDTLAKE BARRINGTON, IL -- (Marketwired) -- 08/15/16 -- CTI Industries Corporation (NASDAQ: CTIB), a manufacturer and marketer of vacuum sealing systems, foil balloons, latex balloons, printed and laminated films, and home organization products, is pleased to announce that the Company has received purchase orders for 167,000 Branded Vacuum Sealing Machines, and associated film items, for delivery in the Fourth Quarter, 2016. The total purchase price value of the order is $7.85 million.
Stephen Merrick, President of the Company, stated: "We are pleased to... More