Definitive Rest Mattress Company is reshaping its business operations in an effort to increase shareholder returns moving forward. In recent months, the company has officially disbanded its previous mattress operations in favor of a new direction focused on metals sales and computer numerical control (CNC) manufacturing. DRMC’s January acquisition of NU Metals Technology, a high grade metals and tooling solutions provider for the aerospace industry, was the first step toward this business transformation.
“We have a clear objective that is driven by technology, beginning with our acquisition of NU Metals Technology,” Juan Carlos Murga, chief executive officer of DRMC, stated in a news release. “[W]e look to the future with long-term growth in all areas of the company by bringing value to shareholders.”
In a recent press release, the company highlighted its early performance results in the aerospace, defense and commercial component manufacturing sectors.
“Recent orders from Asia and domestic companies for stainless and aluminum have set the tone for NU Metals Technology by securing orders until the end of 2015,” continued Murga. “[O]ur future is solid moving forward with new business partners, new company direction and a new mindset; our shareholders will be happy to see DRMC sales activity on the next quarterly report.”
In addition to pushing toward the completion of development on its new corporate website in order to better showcase its new line of products, DRMC is on pace to meet its revenue projections for the third quarter of 2015, according to the company’s management team. In the weeks to come, the company will look to build on this progress and complete its metamorphosis through the announcement of a new corporate name that better reflects its new business operations.
According a report by IBISWorld, the machine shop services industry, including commercial aerospace and transportation manufacturing markets, have experienced robust growth since 2010, climbing to $47 billion in 2015. In the next five years, continued growth is forecast as a result of heightened demand across a collection of manufacturing industries, providing DRMC with ample opportunity to improve financial results.
For prospective investors, DRMC’s recent shift into metal sales and CNC manufacturing could provide an opportunity for sustainable returns in the months to come. The company’s strong revenue projections for the second half of 2015 provide a positive outlook for continued market growth moving forward.
“We are very excited with the company’s rebirth into a vibrant new enterprise within the metals industry and machine tool industry that stretches across many lucrative sectors in manufacturing,” concluded Mulga. “We will leave the old operations behind and look forward to better growth potential and shareholder value with our new direction into these two sectors in industry and technology.”
For more information, visit www.numetalstech.com
