Worksport Hard-Folding Truck Cover Samples Approved for Production by National U.S. Automotive Aftermarket Reseller
24 May 2023 - 10:00PM
Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or
“Worksport”) is pleased to announce that a national U.S. customer
and reseller of automotive aftermarket accessories has
approved the hard-folding light truck cover samples the Company had
supplied previously for the reseller’s review and testing.
The customer previously had made known
its intention to review Worksport samples and, upon approval, to
purchase sizable quantities of the Company’s tonneau covers for
distribution across the United States. Worksport and the reseller
can now work together to finalize the anticipated transaction, with
cover assembly and shipment to follow. The covers will be assembled
at the Company’s wholly-owned 220,000 sq. ft. manufacturing
facility in West Seneca, N.Y., with many newly hired employees from
the area taking part in the process, after rigorous training.
"The expected large light truck cover order from
a national U.S. reseller demonstrates Worksport once again
delivering on its goal to begin a long-anticipated period of
revenue generation," said Worksport CEO Steven Rossi. "We were
honored that this widely recognizable national brand reviewed and
rapidly approved our hard-folding cover samples. We anticipate
completing the order process and expect to start the covers’ U.S.
production shortly. It's a great Company milestone and we look
forward to informing investors and shareholders on the order's
progress."
Worksport's hard-folding tonneau covers are
expected to be market-ready upon production.
“Everyone at our West Seneca, N.Y. manufacturing
facility has been eagerly anticipating this approval since there
has been so much testing and training on our custom European
manufacturing line,” Rossi said. “Management and the employees have
a great deal of pent-up energy and are ready to put together our
hard-folding tonneau covers and deliver them to this customer and
many others. They take great pride in the high-quality products
that will best serve the multi-billion-dollar light truck industry.
We look forward to operating our manufacturing facility and
demonstrating its advanced production capabilities.”
For further information, please visit
Worksport’s official website for investors at
investors.worksport.com.
About Worksport
Ltd.
Worksport Ltd. (Nasdaq: WKSP), through its
subsidiaries, designs, develops, manufactures, and owns the IP on a
variety of tonneau covers, solar integrations, and NP
(Non-Parasitic), Hydrogen-based true green energy solutions for the
sustainable, clean energy, and automotive industries. Worksport
Ltd. seeks to capitalize on the growing shift of consumer mindsets
towards clean energy integrations with its proprietary solar
solutions, mobile energy storage systems (ESS), and NP
(Non-Parasitic), Hydrogen-based technology. For more
information, please visit www.worksport.com
Connect with
Worksport:
Please follow the company’s social media
accounts
on Twitter, Facebook, Linkedin, YouTube, and Instagram,
as well as sign up for the company’s newsletters
at www.worksport.com. Worksport Ltd. strives to provide
frequent updates of its operations to its community of investors,
clients, and customers to maintain the highest level of
visibility.
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For additional information, please
contact:Steven ObadiahInvestor RelationsWorksport Ltd.
T: 1 (888) 554
8789E: investors@worksport.comW: www.worksport.com
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forward-looking statements include, among others, the following:
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