Suntex Enterprises (OTC: SNTX) announced that its wholly owned subsidiary, JA Development & Construction, has been selected as the exclusive construction management and build-out partner for AirTopia Adventure Parks (OTC: LNTO) under an exclusive letter of intent. The program begins with projects in Roswell, New Mexico, and Bedford, Texas, and is expected to expand to approximately eight to 14 additional locations over the next 18 months. Based on the current development plan, the aggregate construction value is estimated at $60 million to $84 million.
In addition to construction management and turnkey build-out services, Suntex said the relationship creates opportunities for its operating companies to provide ongoing electrical, plumbing and property maintenance services. The company said the agreement supports its strategy of building a scalable commercial construction platform while strengthening long-term customer relationships and expanding opportunities across its operating subsidiaries.
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About Suntex Enterprises, Inc.
Suntex Enterprises, Inc. (OTC: SNTX) is a diversified operating company focused on construction, infrastructure, development, manufacturing, and related industries. Through its family of operating subsidiaries, the Company provides commercial construction, electrical contracting, infrastructure, development, manufacturing, and integrated support services throughout the United States.
For more information on the company, please visit: http://www.suntexenterprises.com/
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