Perpetual Industries Opens New Facility
Article by Perpetual Industries | October 28, 2021
AUBURN, Ind., Oct. 28, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Perpetual Industries Inc. (OTCMARKETS:PRPI) (“Perpetual” or the “Company”) is proud to announce it has moved into a new corporate facility in Auburn, Indiana. This impressive 22,000-square-foot facility, which serves as the Company’s new corporate headquarters, will give Perpetual more space to meet the growing demands of its research and development projects, as well as room to execute a large-scale Bitcoin mining center expansion for its cryptocurrency division.
“We have seen significant growth in the operation of our divisions over the past couple of years. It made sense to increase our space to maximize the Company’s return on assets and capitalize on the fast-growing blockchain ecosystem with our data center expansion,” said CEO Brent Bedford.
The newly renovated, stand-alone facility is strategically located in Auburn, Indiana, a hotbed for manufacturing and technology with access to abundant power sources.
This expansion comes less than a year after Perpetual Industries closed two key acquisitions, which now form powerful synergistic subsidiaries and divisions of the Company, increasing its footprint across multiple rapidly growing markets and expanding its diverse revenue streams. In addition, the Company is working on the development of solutions to integrate the powerful capabilities of disruptive blockchain technology.
Perpetual’s new office is located at 2193 Rotunda Dr., Auburn, Indiana 46706. Visit the Company’s contact page to see more information about the new facility or email info@perpetualindustries.com.