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Horton Global Industries Announces Corporate Name Change to Spartan Modular Technologies
(January 27, 2018)– Horton Global Industries, LLC (“HGI” or the “Company”) today announced it will change its name to Spartan Modular Technologies, LLC, effective February 20, 2018. The new name has been chosen to better reflect the Company’s new strategic focus on applying smart and blockchain technology to modular construction and marks a new chapter of the Company’s growth.
Spartan Modular Technologies is a division and brand of HGI, the Spartan name properly reflects the company’s business direction and focus on innovation via technology, something that the Horton Global Industries name failed to do.
“We are very pleased with the decision to make this name change, Spartan Modular Technologies tells a short story via the name alone. The company is a technology company that is focused on the modular industry, we feel that now the company name will highlight that and provide much better branding opportunities. The smart technology that the company will be incorporating into our panelized modular system we believe will give us an edge in the industry. These are exciting times and we look forward to the bright future ahead of us.” Stated Louis Velazquez, Chairman of Horton Global Industries.
The company previously announced the tentative ground breaking schedule of their Bahamas initiative to be April 2018. The project consists of over 400 acres, over 250 waterfront and an additional 100 acres of luxury ocean front one acre lots. The ocean views from the lots will be superb and the state of the art technology in the smart panel system will be bringing forward a NetZero standard. The water resistant structure will fill a void that has been evident not only in the Caribbean but also in the United States in areas such as Florida, Texas, Puerto Rico and others.
About Horton Global Industries
Horton Global Industries, a wholly owned subsidiary of Falcon Global Acquisitions, is a holding company focused on technologically advanced modular manufacturing incorporating smart technology. This smart technology is used in both commercial and residential modular builds, next generation Command Center builds, stand alone educational units and more. The smart technology is also used in the renovation within hotels, office buildings, hospitals and medical offices. This is via their division Spartan Modular Technologies: www.hortonglobalindustries.com
Spartan Modular Technologies is a technology company that is revolutionizing how construction is done today via next generation modular construction. Spartan is in the business of manufacturing smart technology modular builds for both residential and commercial purposes, these builds incorporate green technology to achieve Net Zero Standards as well as other next generation smart technology. Spartan via their parent company Horton Global Industries works closely with developers, governments and land owners in the development of affordable, middle market and high end modular homes. As well as both small and large scale commercial projects all incorporating innovative smart technology modular construction. This is both domestically and internationally: www.spartanmodular.com
About Falcon Global Acquisitions
Falcon Global Acquisitions “FGA” was founded in 1998 and is a private equity firm with a keen focus on making acquisitions of viable privately held companies worldwide. FGA is currently making strategic acquisitions of viable manufacturing and technology companies which have synergy as well as vertical integration possibilities with current subsidiaries.
FGA’s primary focus is on companies that have good management in place that may be in need of some type of restructuring. These companies may have been mismanaged, may have little to no access to additional capital or may have been stunted due to lack of organic growth.
For more information on FGA go to www.falconglobalacquisitions.com
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in which such offer, solicitation or sale would be unlawful, and qualification under the securities laws of any such state.
This press release contains forward-looking statements. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “can”, “will”, “should”, and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein are based on certain key expectations and assumptions made by the Company, including but not limited to expectations and assumptions concerning the receipt of required regulatory approval. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
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