Eco Depot Inc is pleased to announce the first production facility of Bronya Climate Shield in North America
Rhea-AI Summary
Eco Depot Inc. (OTC Pink: ECDP) announces that its subsidiary, Bronya Canada Group, has begun construction of its first North American production facility in Montreal. Set to start operations in Q4 2021, this facility will have a capacity of 2,700 gallons per day, potentially generating $107,994.60 daily. The company plans to develop several micro-production sites to enhance efficiency in meeting customer needs and reducing transportation delays. Bronya Climate Shield, a product aimed at energy conservation, underpins these efforts, with a focus on affordability and sustainability.
Positive
- Construction of the first production facility in Montreal indicates business expansion.
- Production capacity of 2,700 gallons per day could generate significant daily revenue of $107,994.60.
- Strategic focus on regional micro-production facilities may enhance logistics and distribution.
Negative
- None.
News Market Reaction – ECDP
In the trading session that priced this news, ECDP gained 4.95%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TORONTO, July 28, 2021 /PRNewswire/ -- Eco Depot Inc. (OTC Pink: ECDP), a Nevada company, is pleased to announce its wholly-owned subsidiary Bronya Canada Group has started construction of its first production facility in North America.
Bronya Canada Group has initiated a process in the first quarter to explore options for several production facilities in North America. Due to the Company's ongoing review of its facilities requirements, it seeks to best meet its customers' current and future needs.
Bronya Canada Group has determined based on this analysis; the Company has determined that the business model to be several regional micro-production facilities will be required to meet transportation, logistical and distribution centers requirements of major retailers.
The Company is pleased to announce the first production facility is to start production in Montreal, Canada, in the Fourth Quarter of 2021. This facility will be capable of meeting the requirement in Eastern Canada and North Eastern United States with additional facilities currently under negotiations throughout North America and Europe.
Bronya Canada Group entered into a lease agreement and submitted its production plans to the local authorities, who have visited the facility and reviewed the production and safety plans. The local authorities have issued a building and production permit with modifications that will be carried out within thirty days to start production. This facility will be a total of 4,200 Square Feet with a production capacity of 2,700 gallons per day, capable of generating revenues of 107,994.60 USD per day. These micro-production facilities will be situated close to retailers' distribution centers allowing us to mitigate delays due to transportation.
Bronya Climate Shield is a protective paint coating designed to reduce 20
ABOUT ECO DEPOT
Eco Depot, Inc. acquires, manages, and develops eco-friendly real estate assets and consumer brand products. Their focus is to provide investments, funding, and support for acquisitions, start-ups, entrepreneurs, and green companies dedicated to protecting the environment. Eco Depot is a development stage distributor of eco-friendly consumer brand products and is publicly traded Over the Counter at OTCMKTS: ECDP.
ABOUT BRONYA CANADA GROUP
Bronya Coatings Group, Inc. ("the Company") is based in Montreal and intends to commercialize a Multi-Purpose liquid thermal insulation paint Bronya Climate Shield product line in North America. The Company's mission is to establish third-party production facilities globally to reduce the costs associated with the business' supply chain. The Company also has established relationships with major home improvement stores on a worldwide basis.
ABOUT BRONYA CLIMATE SHIELD™
Bronya Climate Shield increases energy efficiency, energy savings, and reduces carbon emissions through energy conservation. Product website: www.bronyaclimateshield.com
CONTACT:
Eco-Depot Inc
2300 West Sahara Avenue
Suite 800
Las Vegas, NV 89102
Website: ecdp.co
Tel: 1 (800) 323-7006
Info@ecdp.co
WEBSITE: www.ecdp.co
info@ecdp.co
PRODUCT INQUIRIES:
+1-(844)-427-6692
info@bronyaclimateshield.com
Safe Harbor Statement
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it.
Accordingly, such forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the Company's actual results, performance, or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition, or alteration to the information catered in this Press Release, including such forward-looking statements.
View original content:https://www.prnewswire.com/news-releases/eco-depot-inc-is-pleased-to-announce-the-first-production-facility-of-bronya-climate-shield-in-north-america-301342305.html
SOURCE Eco Depot Inc.