VISTA, Calif., June 30, 2014 /PRNewswire/ -- Eco Building
Products, Inc., (PINK: ECOB) announced today that Wermers
Multi-Family Corp. has selected Eco Red
Shield defensive trusses for a sixty-nine unit, multi-family
project in Vista, California that
started framing this week. This 4-story podium structure featuring
Eco's trusses is situated a few exits away from where the
San Marcos fires raged only one
month ago. This truss package will be manufactured at the Company's
Oceanside, California truss
facility utilizing Eco Red Shield
protected lumber.
http://www.ecob.net/_videoPlayer.php?v=../../ecobmedia/02-05-13_FloorTruss_02_460x258_qtp.mp4?iframe=true&width=525&height=370.
With single-family housing starts continuing to struggle,
multi-family housing projects have taken on increasing market share
within the housing industry (http://www.cnbc.com/id/100646124#).
The increase in multi-family projects is one of the primary drivers
of our Project Revenue Forward of $3M
in the third quarter. The Company is increasing coating production
in all ECOB's facilities as large national lumber brokers have
expressed a projected increase in demand for our treated
lumber.
"This project marks the first milestone on our path to
profitability," stated Steve Conboy,
President/CEO, Eco Building Products, Inc. "As we penetrate the
multi-family housing project market, we are demonstrating the
overall economic benefit we can bring to builders due to
multi-family fires during construction and the possibility of
reduced insurance premiums especially after the Houston fire
(http://www.youtube.com/watch?v=eOUWMUBMvLA). An increase in
multi-family projects coupled with our Big Box business opportunity
will support our sales growth,"
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). Eco Building products,
"Eco Red Shield" utilizing
patent pending 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.
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
SOURCE Eco Building Products, Inc.