RJD Green's Silex Holdings Expands with Acquisition of JSI Interiors Assets
September 24th, 2024 1:00 PM
By: Newsworthy Staff
RJD Green Inc. announces a significant expansion of its Silex Holdings division through the acquisition of JSI Interiors' assets, aiming to boost annual revenue and extend market reach in the specialty construction sector.

RJD Green Inc. (OTCPK: RJDG) has announced a major expansion of its Silex Holdings division through the acquisition of JSI Interiors' assets, including a state-of-the-art fabrication system, contracts, purchase orders, and book of business. This strategic move is set to significantly increase the company's market presence and revenue in the specialty construction products sector.
The combined revenues of Silex Holdings and JSI Interiors for the 2023 calendar year totaled $7,813,426, indicating the substantial scale of this acquisition. RJD Green has formed JSI Products Corporation, a new Oklahoma corporation, to operate as a division of Silex Holdings and manage the acquired assets.
Ron Brewer, CEO of RJD Green, expressed enthusiasm about the acquisition, stating that the company plans to implement the same successful business operation processes and programs that allowed Silex Interiors to grow from $1,400,000 in revenue at acquisition to its current $5,800,000 in annual revenue. The newly acquired state-of-the-art fabrication system is expected to enhance product quality and daily fabrication output capability.
The expansion is projected to have a significant impact on Silex Holdings' revenue. Brewer anticipates that the Tulsa Division, which includes Silex of Tulsa, will generate between $3,000,000 to $4,000,000 in revenue in its initial calendar year. The company aims to extend its business outreach to northeast Oklahoma, covering a 200-mile radius for commercial projects. The long-term goal is to achieve a consistent $10,000,000 in profitable revenue for Silex Holdings Inc.
This acquisition is particularly noteworthy as it strengthens RJD Green's position in the specialty construction and industrial services sectors. Silex Holdings fills a crucial market niche between box stores and local contractors, offering installed stone and engineered stone countertops, cabinets, and related products for residential builders, commercial projects, remodel contractors, and retail customers on a regional basis.
The expansion of Silex Holdings through this acquisition aligns with RJD Green's broader strategy as a holding company focused on acquiring and managing assets and companies across diverse sectors. In addition to Silex Holdings, RJD Green operates in healthcare services through its IOSoft Systems subsidiary and in environmental services through its Earthlinc Environmental Services Division.
This strategic move by RJD Green demonstrates the company's commitment to growth and market expansion in the specialty construction sector. By leveraging the acquired assets and implementing proven business strategies, Silex Holdings is positioned to significantly increase its market share and revenue. The acquisition not only enhances the company's production capabilities but also expands its geographical reach, potentially leading to new business opportunities in the region.
For investors and industry observers, this acquisition signals RJD Green's aggressive growth strategy and its potential to become a more significant player in the specialty construction products market. The projected revenue increases and expanded market reach could translate into improved financial performance for the company, making it a potentially attractive option for investors interested in the construction and industrial services sectors.
As the integration of JSI Interiors' assets progresses, the industry will be watching closely to see if RJD Green can achieve its ambitious revenue targets and successfully leverage this acquisition to strengthen its market position in the competitive specialty construction products landscape.
Source Statement
This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,
