PALMETTO, FL--(Marketwired - Dec 14, 2016) - American Fiber Optics Group, Inc., a wholly owned subsidiary of Capstone Technologies Group Inc. (
With the closing of the equipment contract with PPB, AFO has secured one of the biggest pieces of the venture and can now move forward with plant design and begin build-out to accommodate the PPB Preform machines. These Preform manufacturing machines will arrive in a series of multiple process lines that will initially increase the preform production capacity to 20 million kilometers of fiber in Phase 1.
AFO COO, Ken Mayeaux, said, "With the expected growth rate and demand for Fiber Optic Cable, AFO expects to be contracting for a Phase 2 expansion in time to increase its capacity to satisfy the market demand. We are excited about the future of Fiber Optics Cable in the Detroit, Michigan area, because with plant expansion and more fiber demand, that means more job creation for American workers."
For more information and details, please visit our website: www.afogrp.com
Contact Information:
Capstone Technologies Group Inc.
Jamie Mayeaux
888-676-4138
JMayeaux@capstonetechgrp.com