Eco Building Products Is Now Positioned To Serve Even More Of The Building Industry
Eco Red Shield™ and Eco Armor Paint™ are Superior to Any Raw Lumber Product on the Market Today
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: [email protected]
Web Site: www.ecob.net
SOURCE Eco Building Products, Inc.
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