Innovative Designs to Begin Domestic Production of Insultex
(firmenpresse) - PITTSBURGH, PA -- (Marketwired) -- 06/09/15 -- Innovative Designs, Inc. (OTCQB: IVDN) has reached an agreement in principle with its manufacturer to purchase both the machinery and propriety formula to begin domestic production of Insultex. Projections are that the machine will arrive in the United States within the next four months, with production to commence approximately two months after arrival. Innovative Designs Inc. CEO, Joseph Riccelli, commented, "This agreement will allow us to meet the increased demand for Insultex products, eliminating the extensive time it takes to ship from an overseas manufacturer. I am pleased that through continued negotiations, this agreement was able to be reached. We will be proud to exclaim that Insultex is now made in the U.S.A."
The Company
Innovative Designs, Inc. manufactures the Insultex® House Wrap, Arctic Armor® Line, under the "i.d.i.gear" label featuring INSULTEX®. INSULTEX® is the thinnest, lightest and warmest insulator in the market today. For more information, please visit .
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company''s SEC filings available at
Innovative Designs, Inc.
Joseph Riccelli
412-799-0350
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Datum: 09.06.2015 - 10:41 Uhr
Sprache: Deutsch
News-ID 1364781
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Alternative Energy
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