VISTA, CALIF. -- EcoBlu Products, Inc. (OTCBB: ECOB) announced today the company has finalized a non-binding memorandum of understanding with Luxor Industrial Corporation, a previously established wood coatings applicator located in Abbotsford, British Columbia. Under the terms of the agreement Luxor will produce ECOB Red Shield™ Protected Lumber products for distribution across Canada and the United States. Luxor being strategically located several miles north of the USA/Canadian border allows ECOB to leverage the supply chain to land coated western lumber products all over the United States and Canada. Currently Luxor is producing several truckloads of Western Doug Fir with the ultimate destination of Connecticut.
Luxor and ECOB made the shift to Red Shield chemistry at the Abbotsford production facility. Luxor successfully installed the ECOB quality control management system and is now successfully producing Red Shield coated wood products in accordance with company guidelines. Luxor will look to grow the local lumber markets with Red Shield distribution and start a migration path for their specialty items such as the IBS 2000® and patent pending IBS3000™ engineered floor bridging systems.
"Luxor is a key component in my master distribution plan for ECO Coated wood products. They are strategically located across the border allowing me the ability to service the east coast, west coast and Canadian markets with fixed cost of goods," said Steve Conboy, President and CEO of EcoBlu Products. "I am very excited that Luxor has made the switch to the Red Shield coatings," added Conboy.
About Luxor Industrial Corporation
Luxor manufactures and markets its patented IBS 2000® and patent pending IBS3000™ engineered bridging that enables the floor to act as a system with unparalleled scale of gain in stiffness and rigidity. Luxor has spent many years analyzing wood-frame floor construction and has established itself as a leading authority in wood floor performance engineering in North America. www.luxorcorp.com
About EcoBlu Products, Inc.
EcoBlu Products, Inc. is a manufacturer of proprietary wood products treated with an eco-friendly chemistry that protects against fire, mold/mycotoxins, fungus, rot-decay, wood ingesting insects and termites with EcoBlu's WoodSurfaceFilm™ and FRC™ technology (Fire Retardant Coating). EcoBlu products using Red Shield™ patent pending technology provide the wood protection, preservation, and fire safety for building components constructed of wood. EcoBuilding Products, is a registered DBA of EcoBlu Products, Inc.
Luxor and ECOB made the shift to Red Shield chemistry at the Abbotsford production facility. Luxor successfully installed the ECOB quality control management system and is now successfully producing Red Shield coated wood products in accordance with company guidelines. Luxor will look to grow the local lumber markets with Red Shield distribution and start a migration path for their specialty items such as the IBS 2000® and patent pending IBS3000™ engineered floor bridging systems.
"Luxor is a key component in my master distribution plan for ECO Coated wood products. They are strategically located across the border allowing me the ability to service the east coast, west coast and Canadian markets with fixed cost of goods," said Steve Conboy, President and CEO of EcoBlu Products. "I am very excited that Luxor has made the switch to the Red Shield coatings," added Conboy.
About Luxor Industrial Corporation
Luxor manufactures and markets its patented IBS 2000® and patent pending IBS3000™ engineered bridging that enables the floor to act as a system with unparalleled scale of gain in stiffness and rigidity. Luxor has spent many years analyzing wood-frame floor construction and has established itself as a leading authority in wood floor performance engineering in North America. www.luxorcorp.com
About EcoBlu Products, Inc.
EcoBlu Products, Inc. is a manufacturer of proprietary wood products treated with an eco-friendly chemistry that protects against fire, mold/mycotoxins, fungus, rot-decay, wood ingesting insects and termites with EcoBlu's WoodSurfaceFilm™ and FRC™ technology (Fire Retardant Coating). EcoBlu products using Red Shield™ patent pending technology provide the wood protection, preservation, and fire safety for building components constructed of wood. EcoBuilding Products, is a registered DBA of EcoBlu Products, Inc.
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