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\The company said it is using the facility to refinance existing corporate debt, purchase an existing 100,000 square foot facility in southwest Reno, Nevada, to construct additional improvements to the facility to enable it for use as GameTech's new corporate headquarters, and provide a credit line that may be used for general corporate purposes.
GameTech CEO Jay Meilstrup said that owning the corporate headquarters, which will provide around 30,000 square feet of office space and over 70,000 square feet of manufacturing and warehouse space, "is another step in implementing our strategy to expand the VLT and slot machine business segments for GameTech."
He said that the move will also increase GameTech's capacity to house bingo equipment, "thus being able to respond quickly to the growing needs of our domestic and international customers."
Reno, Nevada-based GameTech International is in the business of designing, manufacturing, and marketing computerized bingo and gaming equipment, systems, and services.
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