Press Release 4/21/2021

 

Autoline logo 

 

FOR IMMEDIATE RELEASE

 

 

AUTOLINE INDUSTRIES TO OFFER BITCOIN AS ALTERNATIVE OPTION TO PAY EMPLOYEES

 Among the Few Businesses in Mesa, Arizona Implementing Cryptocurrency wages

 

MESA, Ariz. (April 21, 2021) — Autoline Industries today announced the company will begin offering employees the option to receive all or a portion of their pay in Bitcoin.

“The cryptocurrency market has advanced tremendously, with Bitcoin value climbing at a rapid rate,” said Nick Jackson, founder, and President of Autoline Industries. “Congruent with the ever-evolving market, Autoline is excited to move forward with utilizing the digital currency to offer an alternative option for employees to receive payments.”

Using a crypto payroll will allow more freedom over funds and quicker deposits, due to the decentralized ledger cryptocurrencies are based on. Autoline employees will have the options of allocating a portion or the entirety of their paychecks into Bitcoin or refuse the cryptocurrency for fiat money. Interested employees can enroll immediately to ensure Bitcoin payments will be available in their digital wallets as soon as the next pay period.

The company’s relationship with BlokForge, helped preestablish Autoline’s involvement with Blockchain technology. BlokForge was founded in 2017, at the height of Bitcoin’s mining industry to supply the highest quality mining equipment and accessories to the end user.

“Our company has strongly believed that Bitcoin and blockchain technology are the future, which is why we chose to establish our home in Mesa,” Jackson added.

Autoline settled into the old Sunkist factory in 2017 after rehabilitating the historic building due to the city’s innovative approach to technology. The East Valley is progressively establishing a comprehensive portfolio of industries, growing businesses in the technology, advanced manufacturing, and aerospace and defense sectors. With the support from leaders like Representative Jeff Weninger, the city of Mesa is steadily becoming a hub of innovation, technological advancements, and business opportunities. As an early adopter of Bitcoin, Jackson believes the decision to offer the cryptocurrency as a valid payment method for employees, is “consistent with Mesa’s progression.”

 

About Autoline Industries

Autoline Industries is a manufacturing and distribution company based in Mesa, Arizona. Since its inception, Autoline has evolved into a multi-brand company specializing in aftermarket automotive performance parts, and mil-spec components for defense, aerospace, and commercial industries. Autoline Industries is an ISO 9001” 2015 registered company compliant to the AS9100D standard.

 

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