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Olympic Air Tech (OATN) has secured two major HVAC contracts in Southern California, demonstrating its growing presence in the region's construction industry. The first contract, valued at $623,420, is for the OC Fair Administration Office Addition in Costa Mesa, awarded on May 23, 2024. The second project, for the OCTA Transit Security & Operation Center in Anaheim, has OATN listed as the lowest bidder with a contract amount of $3,650,000 as of June 17, 2024. These projects showcase OATN's commitment to delivering top-tier HVAC solutions and its successful collaboration with prominent general contractors in the area.
OAT Inc. has announced a new construction project titled "South Coast Water District - Lift Station no.2" located in Laguna Beach, California. The contract, awarded on December 2, 2021, amounts to $413,000 and involves work at the Sanitation Wastewater Facility. The project aims to enhance local infrastructure. The company warns that forward-looking statements contain uncertainties regarding market conditions and project approvals, which may affect actual results.
OAT, INC announces two new projects in California, enhancing its portfolio. The first project, Wells 201,202,2103, and 205 Equipping, is located in Riverside County with a contract value of $716,000, signed on August 31, 2021. The second project, Regional Water Reclamation Facility Mission Springs, is based in Hot Springs, CA, with a contract amount of $382,000, finalized on October 25, 2021. Both projects are contracted to J.F. Shea Construction Inc. The announcement includes forward-looking statements subject to various risks and uncertainties.
OAT INC announced the removal of its 'shell risk' status from OTC Markets, enhancing its market credibility. Additionally, the company secured a $716,000 construction contract with J.F. Shea Construction for a project at Eastern Municipal Water District in Riverside County, California. This contract originated from a proposal submitted on May 17, 2021. OAT INC specializes in HVAC services, focusing on air conditioning, heating, and ventilation systems, and is committed to working successfully with its partners.
Olympic Air Tech (OTC PINK:OATN) has been invited to bid on a significant project titled A-side Primary Clarifiers, Replacement at Plant 2 in Orange County, CA. The bidding is set for March 16, 2021, at 2:00 PM PST, with the overall project cost estimated at $129 million. The HVAC portion is projected to cost approximately $2 million. Notably, the announcement includes a caution regarding forward-looking statements, underlining potential risks and uncertainties related to market conditions and regulatory approvals.
O.A.T., INC. (OTC PINK: OATN) announces leadership and operational updates as it transitions from Olympic Refrigeration and Air Conditioning Company to a wider scope in HVAC services. Brian Hwang, the CEO and largest shareholder, aims for global expansion while continuing work with government contracts, which compose over 95% of its projects. Notable collaborations include military bases and water treatment facilities across California. The company emphasizes its management philosophy of honesty, organization, and production efficiency.
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