Vega’s Georgia Manufacturing Plant to Produce Bio-Coal

Vega Promotional Systems, Inc. (PINKSHEETS: VGPR) reported that its Georgia manufacturing plant will produce bio-coal.

The press release is quoted as saying:

The Company recently announced it has entered into an agreement with Austrian-based ECEM Salzburg Energy and Environment Consulting GmbH to sell 100% of the bio-coal produced at the Company’s Georgia facility. ECEM will resell the product to power companies throughout Europe. The five year deal will generate approximately $17 million in annual revenue to Vega.

Click here to access the entire press release