Eco Building Products (OTCP:ECOB) has announced that its subsidiary, Wood Protection Technologies, has started shipments to fulfill its first order as part of an exclusive licensing and national distribution agreement with a wood fencing manufacturer.
As quoted in the press release:
“Shipping this first order is a break-out milestone for us. It serves as proof of concept for the new business model that we embarked upon last year. The scope in terms of geographical distribution and the scale in terms of volume is a tremendous opportunity for our people and for Eco’s shareholders,” remarked President and CEO, Tom Comery.
With the agreement, the Company expects to reach widespread geographical distribution and penetration across all of the various wood fencing channels including home centers and pro distribution yards. Fencing protected by D-Fence™, will become available from inventory at various “big box” home centers by June and widely available in many U.S. markets by year end.
WPT is committed to protecting the wood in, on and around your home. The Company’s chemistry serves multiple end use wood markets and fencing alone is roughly a $1.5 billion segment.