On October 8, 2008, Shumate Industries, Inc. (OTCBB:SHMT) sold the assets of Shumate Machine Works to American International Industries (NASDAQ:AMIN). The oilfield machining and manufacturing company, now renamed Shumate Energy Technologies, Inc., is now a wholly-owned subsidiary of American.

On February 19, 2009, Shumate Industries, Inc. completed its name change to Hemiwedge Industries, Inc. to better illustrate the company’s focus on its proprietary Hemiwedge valve technology.

Today, Hemiwedge Industries, Inc. is traded on the OTCBB: HWEG, and has one wholly-owned operating subsidiary, Hemiwedge Valve Corporation. Click below to go to Hemiwedge’s website.

 

 


Click here to go to Shumate Energy Technologies, Inc.
(owned by American International Industries, Inc.)
        
Click here to go to Hemiwedge Valve Corporation and other corporate and investor relations information on its parent company, Hemiwedge Industries, Inc.