Fix-Corp Signs Joint Sales and Marketing Agreement With 3M
BEACHWOOD, Ohio, Nov. 24 /PRNewswire/ -- Fix-Corp International, Inc. (OTC BULLETIN BOARD: FIXC - news) today announced that a joint sales and marketing agreement has been signed with the Eco-Efficient Packaging Department of MINNESOTA MINING AND MANUFACTURING COMPANY (3M).
Under specific terms of the agreement, Fix-Corp appoints 3M as a nonexclusive representative to sell ''POWER-PAL'' pallets made from 100% recycled plastic by its wholly owned subsidiary, PALLET TECHNOLOGY, INC. Additionally, 3M appoints Fix-Corp as a nonexclusive representative to sell various 3M products throughout North America (e.g. Canada, U.S. and Mexico).
Eco-Efficient Packaging has been established by the 3M Corporation to provide reusable packaging for manufacturers and distributors. The POWER-PAL plastic pallet was chosen for its environmentally friendly concept and design, and the durable nature of its construction.
Mark Fixler, Chairman and Chief Executive Officer for Fix-Corp International states, ''We are pleased that 3M has selected our pallets for their Eco-Efficient Packaging program and called upon us to work together on 21st Century logistics.''
Fix-Corp International, Inc. is an international environmental-based recycler of post-consumer high density polyethylene (HDPE) and producer of recycled post-consumer plastic resin for use in the manufacture of high- performance plastic pallets through wholly owned subsidiaries Fixcor Industries, Inc. and Pallet Technology, Inc. The Company is also under worldwide licensing agreement with Allied Signal to reclaim and recycle both oil and plastic from post-consumer HDPE motor oil containers through its wholly owned subsidiary Fixcor Recovery Systems, Inc. The Company is based in the Cleveland suburb of Beachwood, Ohio and can be found on the World Wide Web at www.fix-corp.com.
PLEASE NOTE: Some statements in this news release are forward-looking, subject to certain risks and uncertainties. These risks and uncertainties include, but are not limited to: economic conditions, changes in laws and regulations, demand for products and services of the company, and the effects of competition. These risks and uncertainties could significantly affect anticipated results in the future and actual results may differ materially from any representations made herein.
SOURCE: Fix-Corp International, Inc.
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