JNS Power Increases Revolving Line of Credit
CHICAGO--(BUSINESS WIRE)-- JNS Power (OTC: JNSH) ("JNSH"), a wholly owned subsidiary of JNS Holdings one of the largest independent owner, operator, and provider of electric vehicle (EV) charging services, commercial electrical services and control systems in the Chicago area, announced today that it has increased its revolving line of credit with US Bank National Association.
JNS will utilize this increased line of credit (when necessary) to bid on additional larger projects and or expansion of our EV system as opportunities arise.
“The expanded credit represents JNSH’s commitment to maintaining a strong balance sheet, the increase will provide the company with additional opportunities for growth,” stated Brian Howe President & CEO. “We are appreciative of our banking relationships and are proud to expand our relationship with this quality financial institution.”
About JNS Holdings Corporation:
JNS Holdings focuses on building solid growth for our investors and shareholders through expansion of our core businesses and subsidiaries, see (www.jnsholdings.com) while seeking additional strategic opportunities. JNS Power & Evolve USA Charging Corporation is the Chicago (IL) based subsidiaries of JNS Holdings specializing in EV infrastructure solutions. JNS is committed in creating a useful and well maintained network for EV charging. The corporate headquarters is located in Wheeling, Illinois. Connect with JNSH on Facebook or Twitter.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150716005313/en/
JNS Holdings Corporation
Brian Howe – CEO
(847) 577-3795
www.jnsholdings.com
[email protected]
Source: JNS Holdings Corporation
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