Trellis Earth Products Hires Quick Serve Restaurant Industry Exec James Fahlgren as Vice President of Sales
Gears Up to Capture More Market Share With Bioplastic Disposables at Price-Parity With Traditional Plastics
(firmenpresse) - PORTLAND, OR -- (Marketwire) -- 04/24/12 -- Trellis Earth Products, Inc. (OTCQX: TREL), a leading manufacturer of sustainable bioplastic finished goods, today announced that it has appointed James Fahlgren its Vice President of Sales, as the Company transitions into becoming a bioplastics manufacturer with a vertically integrated, state-of-the-art factory in Lake Oswego, Oregon later in 2012.
Mr. Fahlgren joins Trellis with over 30 years of experience selling disposable food service items and bioplastic alternatives to accounts such as Starbucks, Jack in the Box, Carl's Jr., Chipotle, Del Taco, and similar such franchised food service companies in the quick serve industry.
"James brings bioplastics industry experience and relationships to Trellis from a universe of buyers that collectively comprise our path to accelerated growth," said Bill Collins, CEO of Trellis Earth.
"We'll have capacity for 100 million units of cutlery, condiment cups, and clamshells," added Collins, "and I'm sure James can sell that and much more too."
The Company has described in its public filings a plan to have two factories before the end of 2013, each of which could produce 100 million units per month of finished goods via thermoforming and injection molding of the Company's patent-pending bioplastics blends.
Trellis Earth Products, Inc. ("Trellis") is a leading supplier of branded bioplastics products to the foodservice industry throughout the United States. The Company's products are made primarily from bio-based renewable materials such as plant starches, allowing for a reduction in the ecological impact of food service disposables. Founded in 2006, Trellis makes both compostable and sustainable/bio-based products such as food containers, cutlery, shopping bags and trash liners.
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This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.
CONTACT:
Trellis Earth Products, Inc.
Gary Miles
Public Relations
971 400-9011 cell
503 582-1300 Ext. 225
Investor Relations Contact
Mr. Andrew Haag
Managing Partner
IRTH Communications, LLC
Tel: +1-866-976-IRTH (4784)
E-Mail:
Trellis Earth Products, Inc.
9215 SW Ridder Rd, Suite D
Wilsonville, OR 97070
Phone: 503-582-1300
Fax: 503-582-1313
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Datum: 24.04.2012 - 05:00 Uhr
Sprache: Deutsch
News-ID 1106286
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Petrochemicals
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