New OTCBB Listing: Powin Corp.
August 31, 2010 (FinancialWire) (Investrend Information Syndicate) (Go to http://www.financialwire.net/?s=lstngsnws for other listings news articles.) — Powin Corp. (PWON.OB), an industrials / equipment manufacturing company, is officially listed on the Over-the-Counter Bulletin Board exchange, effective August 20, trading in units of 100.
From Powin Corp.’s July 30, 2010, Form 10-Q filing for the quarterly period ending June 30, 2010:
“The Company was originally named Powin Corporation (“Powin” or the “Company”) and was formed as an Oregon corporation on November 15, 1990 by Joseph Lu, a Chinese-American. Since its incorporation, Powin has grown into a large original equipment manufacturer (“OEM”) utilizing six plants on two continents. Powin provides manufacturing coordination and distribution support for companies throughout the United States (“U.S”). More than 2,000 products and parts are supplied by Powin on a regular basis.
“Powin Corporation has relationships with various manufacturers in China that manufacture a variety of products for distribution in the U.S. The Company’s client base includes distributors in the transportation, medical, sports, camping, fitness, packaging and furniture industries.”
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