|By PR Newswire||
|March 26, 2014 07:00 AM EDT||
VISTA, Calif., March 26, 2014 /PRNewswire/ -- Eco Building Products, Inc., (OTCQB: ECOB) announced today that the Company has purchased additional automated coating equipment and the use of a facility currently operational in Augusta, Georgia. The newly acquired equipment is fully-functional and complete with automation, enabling the Company to obtain an increased output rate. In addition to the automated line, ECOB will refurbish an existing production line under the provisions of the Company's current quality control program, complete with pre and post-conditioning tunnels producing a higher quality finished product. Moreover, the increased production capacity will allow ECOB to reinforce its current market position in the Northeastern U.S. with respect to panel production to meet increasing big box demands.
"The demand in the northeast started with one house, and today we are positioned with multiple coating lines and affiliate production facilities to support that market. More recently, Eco sold a whole-house pack into Omaha, Nebraska and already the supply chain is calling for Eco Red Shield protected lumber. In the Pacific Northwest, Eco's Salem facility remains fairly busy with lumber distributors like Shelter Products and Blazer Industries sending product in for coating services to support production jobsites in Texas, Colorado and pre-fab buildings heading off-shore into Hawaii," stated Steve Conboy, President/CEO, Eco Building Products, Inc. "We are expecting the same in the south as we are getting calls from distributors already. Once we raise the Eco Flag in the south, it is certain that the market will come to Eco for coating services because we are convincing the lumber industry Eco is the best in the business and here to stay," added Conboy.
Also in support of the Company's endeavors in the development, production and distribution of eco-friendly protected lumber; the USDA recently published a press release No. 0041.14 titled, USDA Announces Support for Innovative, Sustainable Wood Building Materials to Protect Environment and Create Jobs. This press release can be viewed at the following link:
"We are getting calls now as if ECOB wrote this press release because it sounds like it was written about Eco Red Shield and our online institute designed to train Architects and Engineers, www.IDBP.org, about the need to protect wood fiber strength, the carbon footprint, people that occupy the homes and the first responders during fires. We are excited to present our application to the USDA helping them understand what ECOB has been doing to raise the bar on wood framed buildings with protected lumber in highly impacted markets," added Conboy.
About Eco Building Products, Inc.
Eco Building Products, Inc. is a manufacturer of treated wood products that are protected against fire, mold/mycotoxins, fungus, rot-decay, wood ingesting insects and termites by our proprietary eco-friendly chemistry utilizing ECOB WoodSurfaceFilmTM and FRC™ technology (Fire Retardant Coating). Eco Building products, "Eco Red Shield" utilizing patent pending technology is the ultimate in wood protection, preservation, and fire safety to building components constructed of wood; from joists, beams and paneling, to floors and ceilings.
Safe Harbor Statement: This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act, and are subject to the safe harbor created by the Act. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. Forward looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. ECOB takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties.
Investor Relations Contact
Arthur Douglas & Associates, Inc.
SOURCE Eco Building Products, Inc.
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