Novacab International Inc. Announces Project With L'Oreal Canada
February 28 2014 - 5:35PM
Marketwired
Novacab International Inc. Announces Project With L'Oreal Canada
CANDIAC, QB--(Marketwired - Feb 28, 2014) - Novacab
International Inc. (OTCPink: NVOB) is pleased to announce the
beginning of a joint project with L'Oreal Canada. Held In
collaboration with Novacab's industrial division, Groupe Enerstat
inc., the second phase of the project for the installation in this
plant has a value exceeding $150,000. The total amount of locations
in which L'Oreal Corporation manufactures its cosmetics is 41
plants worldwide.
After extensive validations
and project reviews, L'Oreal has chosen to initiate this important
step to further test the new generation of Novacab's
technologies. Expectations are that this will provide optimal
temperature control and energy savings in their operations.
Mr. Michael Carty, Senior
Vice-President, Novacab International Inc. commented, "We are
excited by this opportunities to deliver our experience and highly
evolved technologies to L'Oreal, a successful leader in its
industry with a strong legacy in sustainability. As with the
successful projects with IBM, we are confident that we will have a
long term relationship with L'Oreal."
Novacab International Inc. is
also in the process of substantially improving its current facility
in Tracy-Sorel, Quebec, Canada. Substantial investment in resources
will allow the company to boost its deployment in North
America.
Projected total investment in
the Tracy-Sorel facility is to exceed $1,000,000.
More updates are
forthcoming.
Forward-Looking Statements
This news release contains "forward-looking statements", as that
term is defined in Section 27A of the United States Securities Act
of 1933 and Section 21E of the Securities Exchange Act of
1934. Statements in this press release that are not purely
historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future.
Contact: Donna Giroux dgiroux@novacab.ca
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