AUVI - Applied UV subsidiary receives order for The Renaissance Cleveland Hotel

Applied UV (NASDAQ:AUVI) rallies 12.3% higher premarket after its wholly owned subsidiary MunnWorks, custom manufacturer of luxury mirrors and furniture for the hospitality market, received a model room order from The Renaissance Cleveland Hotel, which will be fully funded by the developer of the hotel. Post this, a follow-on $2M order is expected. This order for hotel furniture will be manufactured in MunnWorks, Brooklyn, NY manufacturing facility, which it acquired on Mar.31, 2022 through the purchase of VisionMark's luxury furniture manufacturing business.

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Applied UV subsidiary receives order for The Renaissance Cleveland Hotel