Wednesday, September 08, 2004

Headwaters Inc. makes nano waves

Headwaters Incorporated Acquires Tapco Holdings, Inc. (Business Wire)

    The acquisition of Tapco will further diversify Headwaters' cash flow stream away from revenue associated with Section 29 business activities. On a pro forma basis, Covol Fuels represents approximately 20% of Headwaters' revenue versus approximately 33% previously. In addition, Tapco's significant presence in the remodeling market and historical strength throughout economic cycles provides balanced exposure to both the new construction and home improvement markets. Consequently, we believe this transaction will increase the operating cash flows that Headwaters can use to de-lever and invest in growth opportunities such as HTI's nanotechnology.
You want to know which nanotechnology opportunities Headwaters is talking about? Well, of course, you'll have to buy the Forbes/Wolfe Nanotech Report to find out. That's that traditional journalism thing I was talking about earlier, the one that I earn a living from. Yes, I know. I'm a total nanofloozy.

From Kabbalah to catalysts. Nowhere else, folks.

No comments: