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CARLSBAD, CA--(Marketwire - September 2, 2009) - EcoBlu Products, Inc. (
Activity at the new Texas facility has been increasing since its opening in July. Business with such national accounts as Tuff Shed, Inc., the largest manufacturer and installer of storage buildings and garages in the United States, and others is driving revenues from the new plant. In addition, the Texas facility recently completed a 6,000 square foot home for MASA Homes in Fort Worth with an additional five homes under construction. As previously reported, the Company is projecting revenues from the Texas plant to be approximately $10 million in the next twelve month period.
The Company is also reporting a new research report published by Next Gen Research that expects the global green building materials market to grow about 5% per year to reach $571 billion by 2013. "This is great news for EcoBlu; we are in an excellent position to take advantage of this predicted growth," said Steve Conboy, President and CEO of EcoBlu Products. "As the housing market rebounds, the areas coming back first are Texas and California. We are ready with a green building product line that can change the wood construction business," added Conboy.
EcoBlu products are Green because the use of EcoBlu's exclusive coating process on wood products for residential and commercial construction can dramatically reduce consumption of our forest resources by using technology to create a life-long wood product. EcoBlu coating technology is formulated without the use of harmful chemicals that can leach into the ground water, is non-toxic, and contains less Volatile Organic Compounds (VOC) than a can of soda.
EcoBlu products are Green Spec® listed and the Company is a Certified Green Dealer™.
To view videos about EcoBlu Products protected with BLUWOOD™ technology on YouTube go to: [ www.youtube.com/ecobluproducts ]
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™ 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.