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New Century Companies, Inc. - Company Profile Snapshot

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Company Profile: New Century Companies, Inc.
Ticker: SWLA
Exchanges: OTC
2008 Sales: 4,822,000
Major Industry: Machinery & Equipment
Sub Industry: Industrial Machinery
Country: UNITED STATES
Employees: 29

Business Description
New Century Companies, Inc.. The Group's principal activity is to acquire, re-manufacture and sell pre-owned Computer Numerically Controlled (CNC) machine tools to manufacturing customers. It provides rebuilt, retrofit and remanufacturing services for numerous brands of machine tools. The remanufacturing of a machine tool, typically consisting of replacing all components, realigning the machine, adding updated CNC capability and electrical and mechanical enhancements. It also manufactures original equipment CNC large turning lathes and attachments under the trade name Century Turn. The Group currently sells its services by direct sales and through a network of machinery dealers across the United States. Its customers are generally medium to large sized manufacturing companies in various industries where metal cutting is an integral part of their businesses.

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