EcoBlu Products, Inc. Coating Lumber for Universal Forest Products
CARLSBAD, CA, Sept 08, 2009 /PRNewswire-FirstCall via COMTEX/ --
Companies: EcoBlu Products Inc (ECOB), Universal Forest Products, Inc. (UFPI)
EcoBlu Products, Inc., (OTCBB: ECOB) today announced that it is providing coating services for Universal Forest Products, Inc. (NASDAQ: UFPI) from its new Texas facility. Recently, a large shipment of raw lumber was delivered to EcoBlu where it was protected with BLUWOOD(TM) technology to resist mold, rot, decay and termites.
Universal Forest Products is the nation's leading manufacturer and distributor of wood and wood-alternative products to retail/dealer, site-built construction, manufactured housing and industrial markets with sales of over $2 Billion in 2008.
"We are excited to be working with a company like Universal, their nationwide reach and reputation will go a long way to increase the awareness of EcoBlu and our coating technology," said Steve Conboy, President and CEO of EcoBlu Products.
Due to its central location, coating services performed at the new Texas plant will reduce shipping costs and increase production efficiency for customers.
The first order for Universal Forest Products was the coating of approximately 150,000 board feet of lumber utilizing Eco Blu Products BLUWOOD(TM) Technology. As previously announced, EcoBlu Products projects revenues from its new Texas facility to reach $10 million in the next 12-month period.
ABOUT ECOBLU PRODUCTS, INC.
EcoBlu Products, Inc. is a manufacturer of proprietary wood products coated with an eco-friendly chemistry that protects against mold, rot, decay, termites and value added fire. EcoBlu products protected by BLUWOOD(TM) 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.
The Company is committed to the development, marketing and sales of environmentally-responsible building materials. EcoBlu products are ready to deliver the winning edge to builders and the environment with its sustainable green product line.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: The statements in this release relating to completion of the acquisition and the positive direction are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties which may arise, the failure to obtain necessary approvals, the future market price of EcoBlu Products, Inc. common stock and the ability to obtain the necessary financing. This release has not been reviewed or approved by Universal Forest Products, Inc. and nothing is this press release should be construed as an endorsement by them.
SOURCE EcoBlu Products, Inc.
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Companies: EcoBlu Products Inc (ECOB), Universal Forest Products, Inc. (UFPI)
Related terms: ceo, construction, dealer, distributor, fire, housing, industrial, lumber, manufacturer, market, marketing, nasdaq, plant, president, products, retail, sales, securities, shipping, technology, texas
