Home Depot To Sell U.S. Plastic Lumber Carefree Deck System(R)
BOCA RATON, Fla., May 10 /PRNewswire/
U.S. Plastic Lumber (Nasdaq: USPL - news), the nation's largest producer of recycled plastic lumber and plastic specialty products, announced today that Home Depot will stock plastic lumber in 22 locations, manufactured by USPL. The locations to be stocked will be in northern and southern California.
Mark S. Alsentzer, Chief Executive Officer and President of USPL said, ''This is a very exciting opportunity for the Company. The purchase order from Home Depot represents a significant step forward in our efforts to build the best national distribution network for plastic lumber in the United States. We are also very pleased to have this relationship with Home Depot commence in California due to the awareness of consumers in that market to environmentally friendly products.''
Kimberly Woodbury of Home Depot's Environmental Program stated, ''Home Depot has a long history of providing alternative products to our customers. We are pleased to welcome U.S. Plastic Lumber Corp. to our family of vendors. The product Home Depot will be stocking is manufactured from 100% recycled plastic. Home Depot has chosen the product of U.S. Plastic Lumber due to its superior quality, durability, environmental sensitivity, and maintenance free care.'' Home Depot has 797 stores in the U.S., Canada, Puerto Rico and Chile.
USPL is the leading producer of plastic lumber and plastic specialty products made entirely from recycled material. The product is maintenance free and aesthetically pleasing. USPL currently operates seven plastic manufacturing facilities. Additionally, through its environmental services division, USPL provides environmental solutions for the decontamination and dismantling of industrial facilities, on-site treatment, and the development of beneficial reuse systems for industrial wastes such as dredge materials.
Certain statements and information included in this release constitute ''forward-looking statements'' within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involving known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the company to be materially different from any future results, performance or achievement expressed or implied in such forward-looking statements. Additional discussion of factors that could cause actual results to differ materially from management projections, forecasts, estimates and expectations is contained in the company's SEC filings.
SOURCE: U.S. Plastic Lumber
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