News

Moro Corporation Makes Strategic Changes

Moro Corporation (OTC: MRCR), a multi-subsidiary construction products and services company, has taken a series of key strategic actions intended to improve the operating results of the Corporation. The first action was the previously reported shutdown, earlier this...

read more

Moro Corporation Sells Subsidiary

Moro Corporation (OTC: MRCR), a multi-subsidiary construction products and services company, today announced the sale of the business and operating assets of its subsidiary, J&J Sheet Metal Works, LLC, to New York-based J&J Sheet Metal, LLC. Terms were not...

read more

Moro Corporation Announces New Credit Facility

Moro Corporation (OTC: MRCR), a multi-subsidiary construction products and services company, announced today that it has established a revolving line of credit with Firstrust Bank. The two-year credit facility provides for borrowings of up to $7,000,000 and is...

read more

Moro Corporation Reports PPP Loan Forgiveness

Moro Corporation (OTC: MRCR), a multi-subsidiary construction products and services company, announced today that its Paycheck Protection Program (PPP) loan of $4,178,500.00 has been fully forgiven by the Small Business Administration, and that payment was remitted by...

read more