VISTA, Calif., May 12, 2015 /PRNewswire/ -- Eco Building
Products, Inc., (PINK: ECOB) announced today that its Board of
Directors has agreed to move forward with a plan to become a
Coating Service Only (CSO) supplier for the entire building
industry. "We recognize that we want to operate in the higher
margin chemistry and coatings arena where there is a value-added
premium for our warranty against mold – which we offer under
GREENGUARD Gold certification," said Steve
Conboy, President and CEO of Eco Building Products, Inc.,
"We are now transitioning to this higher margin 'sweet spot' for
our company. And the good news is that our order bank is
growing in virtually every Eco facility, putting us in the enviable
position of being able to select the customers who truly value our
premium addition to their business
proposition."
Eco facilities are now setting up additional equipment to offer
more coating service with higher volumes of finished goods from
coast to coast. After careful planning, the Company realized that
also being a buyer of lumber only reduced the margins it could make
on the coatings with its advanced eco-friendly technologies. "Our
lumber is the only framing lumber that comes with 10-Year Warranty
against destructive issues, like mold. Eco brings a strong
differentiator, and that 'piece of mind' that raw lumber, used by
most of the industry today to frame buildings, does not have for
interior use that is safe to handle and live with," Conboy
added.
"As a company, we see our Eco Red
Shield and Eco Armor
protection worth more than traditional raw lumber or
pressure-treated lumber on any one's shelf or yard, because we
actually protect buildings and the inhabitants against both mold
and formaldehyde emissions resultant from unprotected, raw
lumber," Conboy stated. "These products are what the industry
has been waiting for, because the need to add some type of
protection to raw lumber is no longer an open debate as wet lumber
will not protect the air quality in our homes. Eco Red Shield does and will provide that
critical line of defense," says Steve
Conboy President/CEO.
Eco is actively looking to continue to add to our list of
certified builders and architects that are willing to get out in
front of the new building with respect to adding protective value
to raw lumber http://ecob.net/index.php?p=services&id=124.
Today's growing news coverage of the ill effects of formaldehyde
supports Eco's position that it is on the leading edge of an
enhanced air quality trend in the building industry. Enhanced air
quality is now important to safety watchdogs, such Underwriters
Laboratories, and building industry regulatory agencies.
In the white paper, "IAQ: The Sleeping Giant of Building
Performance," air quality and airborne contaminants have emerged as
important topics of interest to home buyers and builders
alike.
http://ieconnections.com/iaq-the-sleeping-giant-of-building-performance-says-chief-economist-at-u-p569-90.htm
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) 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
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/eco-building-products-is-now-positioned-to-serve-even-more-of-the-building-industry-300081876.html
SOURCE Eco Building Products, Inc.