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San West Inc. (OTCBB: SNWT) $0.21. Announced on Tuesday that that Buggy World has broadened its current Buggy Giveaway contest to include a Weekly Giveaway in addition to the Grand Prize Buggy Giveaway and 10 contest qualifiers.
Bryan Britton, Vice President of San West Inc. and General Manager of Buggy World, said this morning on the announcement, "This last week, Buggy World's booth in the Imperial Sand Dunes was a huge hit. We had thousands of visitors to the booth, which featured some of our top-selling buggies, information on our store in Santee, California and contest registration forms for the Buggy Giveaway. Needless to say, we could not be more pleased with how productive the Vendors Row location was for us."
What They Do: San West designs, manufactures, sells and repairs off-road buggies, and additionally provides aftermarket performance products and accessories for off-road buggies. Products are sold via three divisions: at retail store locations, via the online store and through its growing dealer network.
Canadian Solar Inc. (Nasdaq: CSIQ) $22.95, Today announced that it is commencing the site selection and approvals process to establish a 200 megawatt (MW) module manufacturing facility in Ontario.
Canadian Solar has recently submitted a significant number of FIT applications to Ontario Power Authority and has also received considerable customer interest for "Made in Ontario" solar systems. Canadian Solar expects to make definite decisions about the plant site, cost and ultimate size in Q1 2010.
The new facility is expected to result in 500 new direct manufacturing jobs in Ontario and sufficient capacity to supply electricity to 60,000 homes per year.
What They Do: Canadian Solar Inc. is a leading vertically integrated provider of ingot, wafer, solar cell, solar module and other solar applications.
Pier 1 Imports (NYSE: PIR) $4.38. Today announced that comparable store sales for the third quarter ended November 28, 2009 increased 13.7%. Total sales for the quarter aggregated $327 million compared to $301 million in the year ago quarter.
What They Do: Pier 1 Imports, Inc., together with its subsidiaries, operates as a specialty retailer of imported decorative home furnishings, gifts, and related items.
Zhongpin Inc. ( Nasdaq: HOGS) $13.81. Today announced it has received two payments totaling RMB 21.4 million (about $3.1 million) in cash subsidies from the Chinese government.
Zhongpin has recently received a subsidy cash payment of RMB 20 million (about $ 2.9 million) from the Chinese government to help support the development of its new plant in Tianjin. The new plant, which is under construction, will produce chilled and frozen pork and is expected to be completed in the first quarter 2010.
What They Do: Zhongpin Inc. is a meat and food processing company that specializes in pork and pork products, vegetables, and fruits in China.
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