Modiv Industrial Honors the American Manufacturing Industry
28 September 2023 - 9:00PM
Business Wire
Modiv Industrial, Inc. (“Modiv Industrial” or “Modiv”)
(NYSE:MDV) today announced that they will ring The Closing Bell® at
the New York Stock Exchange at 4:00 p.m. ET on Friday, September
29, 2023, in celebration of American manufacturing and all of the
hard-working individuals spearheading America's manufacturing
resurgence.
“Modiv Industrial, as the only public REIT exclusively focused
on acquiring industrial manufacturing real estate, would not exist
were it not for the skilled, hard-working Americans that form the
backbone of scores of domestic manufacturers located across the
nation,” stated Aaron Halfacre, CEO of Modiv Industrial. “We
believe deeply in Modiv’s role to serve, support, finance, and
advocate for American manufacturing companies of all sizes and we
understand how a strong and diverse manufacturing industry is
critical in improving the financial lives of countless individuals.
Ringing the bell on the New York Stock Exchange is an honor and we
humbly extend this honor to all those who toil without recognition
while making the things that make our nation what it is today.”
Modiv Industrial wishes to raise the awareness of the following
organizations that we support and who, in turn, support the
manufacturing industry:
- The National Association of Manufacturers
(NAM) is the largest manufacturing association in the United
States, representing small and large manufacturers in every
industrial sector and in all 50 states. Manufacturing employs
nearly 13 million men and women, contributes $2.91 trillion to the
U.S. economy annually and accounts for 55% of private-sector
research and development. The NAM is the powerful voice of the
manufacturing community and the leading advocate for a policy
agenda that helps manufacturers compete in the global economy and
create jobs across the United States. For more information about
the NAM, please visit www.nam.org.
- The Manufacturing Institute (MI)
works to build a resilient manufacturing workforce prepared for the
challenges and opportunities of the future. Through implementation
of groundbreaking programs, convening industry leaders and
conducting innovative research, the MI furthers individual
opportunity, community prosperity and a more competitive
manufacturing industry. As a 501(c)3 nonprofit focused on workforce
development and education, the MI is a trusted adviser to
manufacturers, equipping them with solutions to address the
toughest workforce issues. For more information, please visit
www.themanufacturinginstitute.org.
- The Association for Manufacturing
Excellence (AME) is a premier organization for the exchange
of knowledge in enterprise excellence where members come together
to explore lean thinking and other enterprise improvement methods
and exchange best practices in order to improve the competitiveness
and overall value of their organizations. Since their creation as a
not-for-profit in 1985, they have grown to represent over 4,000
members. For more information, please visit www.ame.org.
- The Manufacturers Alliance
Foundation is the 501(c)3 partner of Manufacturers Alliance.
The Alliance Foundation provides educational opportunities for the
manufacturing community and its stakeholders through insights,
events, and tools for today’s most critical business decisions. The
Alliance Foundation focuses on talent, technology, digital
transformation, and competitiveness. For more information, please
visit www.manufacturersalliance.org.
About Modiv Industrial
Modiv Industrial, Inc. is an internally managed REIT that is
focused on single-tenant net-lease industrial manufacturing real
estate. The Company actively acquires critical industrial
manufacturing properties with long-term leases to tenants that fuel
the national economy and strengthen the nation’s supply chains.
Driven by an investor-first focus, Modiv Industrial has over $600
million in real estate assets comprising more than 4.5 million
square feet of aggregate leasable area. For more information,
please visit: www.modiv.com.
Forward-looking Statements
Certain statements contained in this press release, other than
historical facts, may be considered forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements include, but are not limited to,
statements related to investment intentions, business plans and
future acquisitions. Such forward-looking statements are subject to
various risks and uncertainties, including but not limited to those
described under the section entitled “Risk Factors” in the
Company’s Annual Report on Form 10-K for the year ended December
31, 2022 filed with the Securities and Exchange Commission (the
“SEC”) on March 13, 2023. Accordingly, there are or will be
important factors that could cause actual outcomes or results to
differ materially from those indicated in these statements. These
factors should not be construed as exhaustive and should be read in
conjunction with the other cautionary statements that are included
in this press release and in the Company’s other filings with the
SEC. Any forward-looking statements herein speak only as of the
time when made and are based on information available to the
Company as of such date and are qualified in their entirety by this
cautionary statement. The Company assumes no obligation to revise
or update any such statement now or in the future, unless required
by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230927513959/en/
Investor Inquiries: Margaret Boyce, Financial Profiles,
Inc. mboyce@finprofiles.com 310-622-8247
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