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Stock impact report

TSS, Inc. Signs Long Term Lease for Larger Factory to Support Accelerating Demand for AI-Enabled Technologies [Yahoo! Finance]

TSS, Inc. (TSSI) 
NASDAQ:AMEX Investor Relations: investors.tsys.com
Company Research Source: Yahoo! Finance
The new facility, which more than doubles the company's current space, is expected to be operational in the first quarter of 2025 and will serve as the company's new headquarters. This expansion is part of TSS's plan to increase its capacity to deliver AI infrastructure solutions, driven by its recent long-term agreement with a primary customer. More than Doubles Space to almost 213,000 Square Feet and Expands Power Infrastructure to Support Multi-year Customer Agreement ROUND ROCK, TX / ACCESSWIRE / December 5, 2024 / TSS, Inc. (Nasdaq:TSSI), a data center services company that integrates AI and high-performance computing infrastructure and software today announced it has signed a multi-year agreement to lease 212,793 square feet of space in the Georgetown Logistics Park located in Georgetown, Texas. This agreement is part of the company's previously announced plan to relocate its headquarters and expand its factory to support expected AI integration growth. Darryll Dewan, Chie Show less Read more
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