Kontrol Technologies (CSE: KNR) this morning announced that it has expanded its manufacturing team for its BioCloud products. The company has added Danby Appliances to its manufacturing supply chain, whom will conduct final assembly from its Ontario-based manufacturing centre.
With the addition of Danby, Kontrol is to see manufacturing conducted by that of OES Inc and Danby. OES is to handle global supply chain aspects of the process as well as project engineering and production of electronic components, with final assembly and the scaling of production to be tackled by Danby.
Of note, Danby, whom is known for refrigeration and specialty appliances, recently participated in the mass production of ventilators under the Canadian Ventilator Program. The company is to handle the final assembly of BioCloud devices at its Ontario manufacturing facility.
Kontrol Technologies last traded at $2.05 on the CSE.
Information for this briefing was found via Sedar and Kontrol Energy Systems. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.