International Absorbents Completes New Westcoast Manufacturing Facility Grand Opening Slated for November 12, 2003
November 05 2003 - 3:55PM
PR Newswire (US)
International Absorbents Completes New Westcoast Manufacturing
Facility Grand Opening Slated for November 12, 2003 BELLINGHAM,
Wash., Nov. 5 /PRNewswire-FirstCall/ -- International Absorbents
Inc. , a leading developer and producer of environmentally friendly
pet care and industrial products, today announced that it has
completed construction of its new 15 acre complex in Northwest
Washington State. All administrative services, warehousing, and
several manufacturing lines have now been consolidated into the new
facility. This is the first phase in the Company's three-phase
expansion plan, undertaken to accommodate continued growth. As a
result of the move, the Company's marketing and sales, customer
service, logistics, accounting and IT departments are now
co-located at the new complex. The Company is presently renting
four less locations than it was a few months ago resulting in a
reduction of rent payments over $400,000 per year. Significant
benefits in communications, operational costs and synergistic
resource utilization will strengthen the Company. "This
consolidation will have a very positive effect on efficiency,
communications and overall team building," stated Doug Ellis,
President of Absorption, Corp, International Absorbents' wholly
owned subsidiary. The move is a further step in our continuing
efforts to become leaner and more efficient." Construction and
relocation to the new 100,000 square foot facility was on schedule
and on budget. The second phase, construction of a second
production facility in Jesup, GA, is just starting. The third
phase, relocation of the Company's primary manufacturing line in
Bellingham, WA to the new Northwest Washington plant, is planned
for Spring, 2005. The Grand Opening of the new Northwest Washington
state manufacturing, warehouse and administration complex will be
held November 12, 2003 at 6 p.m. at the new Ferndale, WA facility.
International Absorbents Inc. develops, manufactures and markets
patented and proprietary, cost effective consumer and commercial
products derived from recycled, renewable materials. These
environmentally safe products outperform conventional products used
in a broad range of consumer and industrial applications, including
retail/commercial pet bedding and litter, oil and hazardous liquid
spill cleanup and control, oil/water filtration, and packaging.
Further information is available at http://www.absorbent.com/.
Statements made in this document referring to the Company's
outlook, sales, expenses, profits and cash flow are forward-looking
statements. It is important to note that the Company's actual
results could differ materially from those projected, due to
various risk factors. Those risks include, but are not limited to,
consumer acceptance of the Company's products in new markets,
competitor reactions and their ability to market and price their
products, general economic conditions outside of the Company's
control, and the economic availability of sources of raw materials
to meet demand rates necessary to sustain growth. Additional
information concerning factors that could cause actual results to
differ materially from those in the forward-looking statements is
contained from time to time in the Company's SEC filings, including
but not limited to forms 10-KSB, 10-QSB and the proxy statement.
CONTACT: Charles (Chuck) Tait of International Absorbents Inc.,
+1-604-514-6559, or +1-604-681-6181, or . DATASOURCE: International
Absorbents Inc. CONTACT: Charles (Chuck) Tait of International
Absorbents Inc., +1-604-514-6559, or +1-604-681-6181, or Web site:
http://www.absorbent.com/
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