KAMLOOPS, BC, Feb. 27,
2025 /CNW/ - Progressive Planet Solutions Inc. (TSXV:
PLAN) (OTCQB: ASHXF) ("Progressive Planet", "PLAN", or the
"Company") is pleased to announce that it has commenced its
investments in robotics as part of a systematic, phased approach to
modernizing its plant operations.
Progressive Planet recently completing a planned shutdown of its
plant to upgrade its legacy PLC system with a modern one. This
upgrade laid the foundation for further investments in robotics and
automation.
The first phase of plant upgrades has commenced with an
estimated final cost of less than $500,000 CAD. The new robotics system, expected
to be delivered in September 2025,
will be integrated into Progressive Planet's two largest production
lines.
"We are advancing automation and maximizing efficiency," shared
Andrew Towsley, VP of Operations.
"This upgrade is a huge step in modernizing our packaging
operations. By replacing our 17-year-old legacy system with new
state-of-the-art robotics, we are increasing throughput and
eliminating more manual palletization. The new system enables us to
run both our animal care product line and our powder product line
simultaneously, significantly improving efficiency. This
advancement streamlines workflow, optimizes packaging speed, and
allows us to robotically palletize more products with greater
precision and reliability."
"This marks a significant milestone in our commitment to
modernizing operations and increase efficiency," said Steve Harpur, Progressive Planet CEO. "With this
investment in robotics, we are not just upgrading equipment – we
are positioning Progressive Planet for long-term growth and
enhanced productivity."
Progressive Planet remains committed to continuously improving
its operations to remain competitive by investing in best available
technologies.
Progressive Planet provides regular information for investors on
its website: progressiveplanet.com/investors/. This includes
press releases and other information about financial performance,
patents filed, and information on corporate governance.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accept responsibility for the adequacy or
accuracy of this release.
About Progressive Planet:
Progressive Planet, based in Kamloops, British Columbia, is redefining
sustainability with our Products for a Healthy Planet™.
By leveraging owned mineral assets and recycled materials, we
develop patented and patent-pending innovations that promote a
healthier planet.
Our C-Quester™ Centre of Sustainable Solutions
leads advancements in low-carbon cement technologies, while our
second on-site lab focuses on sustainable solutions for agriculture
and animal care. Progressive Planet's products are proudly
available in over 10,000 retail locations across North America. For more information,
visit progressiveplanet.com.
Forward-Looking Statements:
Certain statements in this
release are forward-looking statements, which reflect the
expectations of management regarding the matters described herein
including statements regarding the NCIB and the repurchases
thereunder as well as the effect of those repurchases, statements
regarding the future of the Bromley Creek Zeolite Mine and
statements regarding the development of future products.
Forward-looking statements consist of statements that are not
purely historical, including any statements regarding beliefs,
plans, expectations, or intentions regarding the future. Such
statements are subject to risks and uncertainties that may cause
actual results, performance, or developments to differ materially
from those contained in the statements. No assurance can be given
that any of the events anticipated by the forward-looking
statements will occur or, if they do occur, what benefits the
Company will obtain from them. These forward-looking statements
reflect management's current views and are based on certain
expectations, estimates and assumptions which may prove to be
incorrect. A number of risks and uncertainties could cause our
actual results to differ materially from those expressed or implied
by the forward-looking statements, including factors beyond the
Company's control. These forward-looking statements are made as of
the date of this news release.
Disclaimer:
This news release, required by Canadian
laws, does not constitute an offer of securities and is not for
distribution or dissemination outside Canada.
SOURCE Progressive Planet Solutions Inc.
