- Published: 14 November 2012
- Written by Investor Ideas
New York, NY, Point Roberts, WA - November 14, 2012 (Investorideas.com energy newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors, including automotive stocks, issues an exclusive Q&A interview with MWW Automotive Group ( OTCQB: MWWC ). As the auto industry rebounds, smaller companies like MWW Automotive Group are realizing the benefits of recovery. Company CEO, Chuck Pinkerton and Rainer Poertner from Business Development share insight into the sector and the future vision of the Company.
MWW Automotive designs and manufactures innovative and high-quality components and systems for cars, light trucks, sport utility vehicles. Recently MWW gas entered into an agreement with a large industrial manufacturer for the production of oversized industrial components.
Q: Investorideas.com
MWW Automotive Group (OTCQB:MWWC) reported Monday that it has met its adjusted sales forecast for the fiscal year 2012, ending September 2012, generating revenue of $803,000Can you give us a breakdown of your product line and customer base for investors unfamiliar with your Company?
A: CEO, Chuck Pinkerton
While ever changing and expanding currently MWW's core competencies fall within Painting, Assembly, Inventory Management, Fulfillment and Distribution of,
Automotive Exterior Decorative Trim Packages,
Front and Rear Fascias.
Rear Spoilers.
Hood Scoops.
Window Louvers.
Grills.
Automotive Interior Dash Components.
Instrument Control Knobs.
Automotive Specialty (Engine Components)
Custom Colored Intakes.
Custom Colored Valve Covers.
Industrial and Agricultural Equipment.
Engine Access Doors
Side Panels.
Current Active Client Base Includes,
Ford
Chevrolet
Mazda
Hyundai
Subaru
Toyota
GSI International
FiveAxis
Q: Investorideas.com
Where do you see your biggest future growth opportunities?
A: CEO, Chuck Pinkerton
One word Diversification. While the Automotive is not only our Core Competency but also our life line to growth and success we, are aggressively pursuing the Industrial, Agricultural and Energy Marketplaces to accelerate our growth. In addition we will consider select additional suitable acquisition in our markets to accelerate our growth even further.
Q: Investorideas.com
As the industry becomes more global, do you see a shift in consumer demand for customization?
A: CEO, Chuck Pinkerton
I see customization demands increasing. We are currently servicing not only North America but also Europe and Asia. The global headquarters of ournsingle largest cleintnat this time is located in Austria and services the European and the US market . The automotive industry has become a very small world.
Q: Investorideas.com
In closing, what are some key points in your Company investors should take note of moving forward?
A: Rainer Poertner, Business Development
MWW has overcome several significant set-backs and subsequent drop in revenue and share price by completely restructuring its management team, streamlining production and aggressively securing new customers; not only in the automotive, but also in the commercial and agricultural industries. Our new CEO, Chuck Pinkerton has been very successful in securing new business and putting the company back on the path of increasing revenue and returning to profits. So why should you invest into MWW now.
A new management team continues to focus on increasing revenues, implementing cost down exercises, improving productivity and generating new business opportunities for MWW to improve and maintain shareholder value.
The Automotive Industry has strongly rebounded and is expected to grow to 14.8 million in 2013 and 16.3 million units by 2014.
Newly awarded programs by Ford, MAZDA, Chevrolet and Hyundai will increase MWW revenue, operating margins and net income beginning in late 2012 and 2013.
MWW has entered into Exclusive Strategic Alliance Agreements with Polytec, ROUSH Performance, American Autocoat and Five Axis. In cooperation with these partners, MWW has commenced with production for Hyundai, Ford, Chevrolet, Mazda and Subaru. Additonal projects are currently in negotiation with all companies.
MWW is in pre-production with several projects for GSI International, a large Fortune 500 corporation servicing the industrial, commercial and agricultural marketplaces. MWW will provide its OE class painting services, full scale fulfillment and inventory management programs for oversized industrial components for this client. Actual production is scheduled to begin in late 2012 or early 2013.
MWW is on the path of increasing revenues and return to profitability
Actual (unaudited) Revenues of $0.8 Million in 2012
Projected Revenues of $2.9 Million in 2013
Projected Revenues of $5.1 Million in 2014
Reduced Operating Expenses
Increasing Gross Profit Margins
Increasing EBITDA and Net Income
MWW's share price is currently at an all-time low with only 195 Million shares outstanding. The Company is improving financial its performance and has concluded restructuring of its capitalization structure to attract new investment and improve the investor perception in the market .
About MWW Automotive Group (OTCQB: MWWC)
The MWW Automotive Group (MWWC) is headquartered in Howell, Michigan, with a "Class A" manufacturing and logistics facility in Baroda, Michigan for the production of high quality OE automotive and industrial products. MWW delivers its products and "Class A" painting, assembly and logistics services directly to major US and Foreign automobile manufacturers' Vehicle Processing Centers (VPC) and/or assembly lines in North America. MWW's industrial products are delivered directly to the industrial manufacturers for installation in their facilities. MWW provides substantial added value to the sale of vehicles and industrial products for leading international automobile and industrial manufacturers such as Toyota, BMW, Chevrolet, Hyundai, Kia Motors, MAZDA, GM, Ford, and their strategic partners ROUSH Performance and Polytec.
This interview may contain forward looking statements from the company, please refer to the company ' s forward looking disclaimer in its releases on the site.
For more information please visit www.mwwautomotive.com
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; automotive stocks, renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Sign up for free stock news and trading alerts:
http://www.investorideas.com/Resources/Newsletter.asp
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com
Disclaimer / Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: Investorideas.com has been compensated for news release distribution and publishing on its affiliates and partners: equivalent of six thousand in 144 shares.
http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source Investorideas.com 800 665 0411
