Welcome to our dedicated page for BANTEK news (Ticker: BANTD), a resource for investors and traders seeking the latest updates and insights on BANTEK stock.
Bantec, Inc. (BANTD) delivers essential procurement solutions and specialized manufacturing services to government agencies and industrial sectors. This news hub provides investors with centralized access to all corporate developments, from defense logistics updates to environmental service expansions.
Track critical updates including contract awards with federal entities, strategic acquisitions enhancing manufacturing capabilities, and operational milestones in supply chain management. Our curated collection ensures professionals stay informed about regulatory compliance achievements and sanitizing service innovations.
The resource prioritizes timely updates on earnings disclosures, partnership formations, and product distribution developments through Howco Distributing Co. Content spans operational expansions, quality assurance certifications, and remediation service deployments across institutional clients.
Bookmark this page for streamlined monitoring of BANTD's evolving role in government contracting and industrial supply chains. Verify operational updates directly through primary source materials and official corporate communications.
Bantec (OTCPINK: BANT) reported significant contract wins through its subsidiaries. Howco Distributing Co. achieved sales of $1.163 million over the past three months, including a notable $455,000 contract. Additionally, Bantec Environmental Corp. secured its first fire cleanup contract and obtained licensing as an asbestos removal contractor in Connecticut.
The company operates as a product and service provider targeting government entities, healthcare facilities, educational institutions, and building owners. Through Howco Distributing, Bantec supplies procurement, distribution, and logistics services to the U.S. Department of Defense and Defense Logistics Agency. Bantec Environmental specializes in asbestos, mold, lead, and PCB removal services in Connecticut.
Bantec, Inc. (OTCPINK: BANT) subsidiary Howco was awarded a $4.19 million U.S. Department of Defense contract for a 5-year Indefinite Delivery Contract for two items. Bantec plans to enhance its capabilities for servicing the U.S. DoD through strategic acquisitions and partnerships, gearing up for future expansion.
Bantec, Inc. has engaged in a Letter of Intent to acquire a small New Jersey based manufacturing company. The target company has sales of $2.3 million and an EBITDA of $300,000, specializing in specialty metal, Teflon, and glass products for pharmaceutical, biotech, and chemical industries. Bantec plans to seek government approval for Chem Flowtronic products and sell them through Howco, with the acquired company becoming a subsidiary of Bantec Inc.
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