Texada Announces Expansion of Noble Iron's Rental and Distribution Operations to Texas

Texada Software Inc. has entered into a non-binding agreement to acquire selected operating assets of Bane Machinery Houston LP located in Houston, TX.

Texada Software Inc., following the recent announcement of an exclusive distribution agreement with LiuGong Construction Machinery for the Houston, Texas marketplace and the closing of a $25.0 Ml. U.S. refinancing of its equipment rental operations in Southern California, announces that it has entered into a non-binding agreement to acquire selected operating assets of Bane Machinery Houston LP located in Houston, TX. The transaction will be completed by a subsidiary of Noble Iron Inc., a wholly owned U.S. subsidiary of the company.

For more about the expansion of Texada's Noble Iron rental and distribution operations...

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