VISTA, Calif., May 1, 2015 /PRNewswire/ -- Eco Building
Products, Inc., (PINK: ECOB) announced today that Eco Building
Products, Inc. Board of Directors and Funders held discussions
pertaining to current company business, including Eco Red Shield Advanced Framing Lumber
and Eco Armor painted products, both
of which are gaining momentum now with niche type business for
wholesale distribution throughout North
America, and even off-shore sales. The Board and Funders
recently learned that there is a Canadian group coming in to meet
Eco mid-May at the Company's Tacoma,
WA facility to discuss setting up Affiliate Licensee
Locations in Canada. Other
business opportunities that were discussed included products sold
to manufacturers looking to Eco's eco-friendly protection for
fulfillment of a purchase order to treat one million board feet of
lumber in the Georgia market. In
the discussion earlier this week, it became clear that there is
more business to support Eco's operations than just home builders
and house packs. It was also discussed how mold and air quality in
homes is now a new hot topic with UL recognizing these hazards as a
major threat to builders and supply companies, requiring their
focused attention because litigators are now chasing higher volumes
of mold claims which can affect air quality in homes.
Eco Building Products, Inc. President & CEO Steve Conboy commented that "Eco is in pursuit
of more 'coating service only' orders, along with finding more of
this niche type business, like lathe strips for roofing companies,
which will be produced out of the Company's Tacoma facility. The Tacoma facility has been in our plans from day
one as our MEGA facility. Tacoma
is coming online now with two Eco Red
Shield coating lines and an Eco
Armor paint line, and we plan to automate this operation and
increase our output by tenfold in the coming months. Eco Tacoma
will also operate as a reload where we will now get paid hidden
costs, which up until now, the Company had to bear the burden. This
means our MEGA facility will be paid to unload inbound rail cars
and trucks as well as loading outbound finished goods increasing
margin bringing us to positive cash flow sooner. We knew we had to
wait until now during the process of creating demand for protecting
wood fiber from mold, fire, termites and rot. In the past,
the Building Industry only recognized pressure treatment as [the]
process for protecting lumber. We consider our process, quality
controls, and warranty superior to pressure treated products and we
will not allow the Industry to put us in their same category when
our products are more technologically advanced and safer, while
providing protection for a wide range of products beyond landscape
timbers and mud sill."
http://issuu.com/ecobworldnews/docs/the_shield_march_2015?e=0
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 FRCâ„¢
technology (Fire Retardant Coating) leading the world on Defensive
Innovations through the implementation of defensive building
practices. Eco Building Products' Global Defensive Vision is to
foster environmental stewardship, respect reforestation programs,
and consider the carbon footprint and recycling efforts as we forge
forward in the protection of homeowners and builders. We believe
that in conjunction with these endeavors, Eco Building Products
will have a positive impact on U.S. export business as supported by
factory-built housing managed by American Veterans, demonstrating
once again to America's youth that working in the Building Trades
is an honorable vocation.
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.
Company Contact Eco Building Products,
Inc.
Phone: 1 888 Red Shld (888.733.7453)
Email: info@ecob.net
Web Site: www.ecob.net
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SOURCE Eco Building Products, Inc.