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Message: Janestown

ProsserP, I did not say or suggest any increase in Raymond sales or business

i said the material handling (Raymond) battery assembly would move to Jamestown. 

Here is what is my understanding of their thought process.

-The company has a backlog of orders to process about +$25m. This EFL will process in the first two quarters out of Mississauga.

-Raymond has an exclusive contract arrangement to maintain at $15m in sale for '23. All new order, typically they have been announced in Q2, will be processed out of Jamestown.

Raj has mentioned more material handling OEMs but no specifics with number.

Given the November 13 presentation mistake, there could be something in the works with Bastian?

 

 

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