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Marmion Indus Corp (MMIO)

Marmion Indus Corp (MMIO)
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Marmion Industries Corp. was formed in Florida on September 5, 1996 under the name Fairbanks, Inc. On April 18, 1997, the Company changed its name to Jet Vacation, Inc. On May 11, 1998, the Company changed its name to Precom Technology, Inc. On October 12, 2002 the Company again changed its name to International Trust & Financial Systems, Inc. In July of 2004, the Company completed a merger and change of its domicile from Florida to Nevada and changed its name from International Trust and Financial Systems to Marmion Industries Corp. The Company manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers as well as provides air conditional and services for the commercial sector. It manufactures and modifies heating, ventilation and air conditioning equipment for the petrochemical industry for hazardous location applications. Additionally, the Company performs new commercial HVAC construction services currently in the Houston, Texas area. Marmion currently targets refinery and chemical plants service companies that build analyzer shelters, controls centers and computer rooms in corrosive or hazardous locations on its industrial side. The Company has opened its commercial division and has successfully completed several projects for customers such as Houston Independent School District, City of Clute Texas, State of Texas Parks and Recreation. It is currently completing two projects for the Pasadena Independent School District in Pasadena, Texas and midway through two additional projects for the Houston Independent School District. Marmion competes on the basis of total value, quality, function, serviceability, efficiency, availability of product, product line recognition and acceptability of sales outlet. The materials purchased by the Company are steel, copper and aluminum, which are obtained from domestic suppliers. The Company also purchases from other domestic manufacturers certain components, including compressors, electric motors and electrical controls used in its products.
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