International Absorbents Begins Construction of East Coast Manufacturing and Warehouse Facility
December 02 2003 - 1:31PM
PR Newswire (US)
International Absorbents Begins Construction of East Coast
Manufacturing and Warehouse Facility BELLINGHAM, Wash., Dec. 2
/PRNewswire-FirstCall/ -- International Absorbents Inc. , a leading
developer and producer of environmentally-friendly pet care and
industrial products, today announced that it has commenced
construction of its new manufacturing and warehouse facility in
Jesup, Georgia. This is the second phase of the Company's
three-phase expansion plan. The new plant will be the Company's
first East Coast production facility and is a key step in expanding
production capacity while addressing customer needs of a physical
presence close to eastern markets. Initial construction work on the
15 acre site, including clearing, grading and a storm water control
basin, is currently underway. Industrial level electrical service,
gas, water, communications lines, and railway are available for tie
in at the site. The city of Jesup has just completed the sewer link
extension to the property. The 86,000 square foot facility will
include manufacturing, warehouse and office space. "The new Jesup
facility is an important component of our growth strategy on many
levels," stated Doug Ellis, President of Absorption Corp,
International Absorbents wholly-owned subsidiary. "We will more
than double production capacity while building infrastructure for
future growth. Cost savings due to closer proximity to eastern
markets will make a significant contribution towards paying for the
new facility." "Another considerable benefit of the new plant's
close proximity to some of our most important marketplaces is it's
positive impact on our ability to better service our customers in
those regions," added Ellis. Construction and relocation to a new
100,000 square foot facility in Northwest Washington, phase one in
the Company's three-phase expansion plan, was recently completed on
schedule and on budget. As noted above, construction of an East
Coast production facility in Jesup, GA, the second phase of the
plan, is now in progress. 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.
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/.
Contact: Charles (Chuck) Tait International Absorbents Inc.
604-514-6559 or 604-681-6181 Statements made in this document
referring to the Company's capital construction schedule, projected
production costs and capacities at their new facilities, future
growth strategies, use of new facilities, customer service
capabilities, and the timeline on their new west coast plant 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 contractor performance, newly installed
equipment performance, weather related construction issues,
consumer acceptance of the Company's products at a new location,
competitor reactions and their ability to market and price their
products, general economic conditions outside of the control of the
Company, 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.
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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