Heartland, Inc. is a growing diversified holding company comprised of subsidiaries within several different and distinct industry segments. Heartland creates value by participating more in managing the companies in its investment portfolio and by developing cross-industry functional skills including marketing, pricing, lean manufacturing, procurement and supply chain management.
From fabricated steel products to oil distribution and steel warehousing, Heartland, Inc., is developing broad product and service offerings to provide economic protection and growth opportunities for investors.
Why Invest in Heartland, Inc.?
- Heartland, Inc. (HTLJ) finished the third quarter with continued profitability. Profit for the first nine months of 2008 was $1,387,719 on sales of $15,684,082.
- HTLJ expects the upward trend in profitability to accelerate in the upcoming quarters due to the acquisition of the Lee Oil Company and Lee Food Marts. The acquisition adds approximately $130 million in revenues and $4,250,000 in operational profits on a yearly basis.
- Demand for petroleum products in the market area served by Lee Oil has continued to remain strong and margins have remained good. Lee Food Marts has seen an increase in revenues. This is in part due to the addition of two new store locations. The management of Lee Oil has already been successfully incorporated into Heartland with little to no additional cost. This has been a positive addition to the overall company.
- HTLJ has just acquired 37 industrial acres in Washington Court House, Ohio with the intention of building and operating a structural steel service center. HTLJ intends to serve a diverse customer base with hot-rolled structural steel and processing. Initial plans are for the erection of a 60,000 square foot building which will be built to easily expand to 120,000 square feet when necessary. Heartland Inc. is excited about the timing and location of this acquisition as they continue to move forward with a conservative, sustainable approach to their growth.
- The present management has now been in place for over twelve months and is successfully building a solid and profitable business.
- Heartland intends to take advantage of present market conditions to increase their position in both fabricated metals and oil distribution.
- Heartland, Inc. presents a tremendous opportunity and is operating from a much stronger position than anytime in company history.
