As further announced on November 30, 2005, RS shipped an initial container of RStandard poles to the EU energy producer for testing. Once independent testing was completed, RS was to begin shipments under the order.
As part of RS's 2007 business strategy announced February 2, 2007, RS's main focus for the RStandard business line is in the domestic market through its exclusive distribution agreement with HD Supply Utilities, a subsidiary of The Home Depot(R). RS understands that the EU energy producer continues to evaluate the initial poles; however RS has no near-term plans to make any shipments under the original order given its current focus on the domestic market.
Resin Systems Inc. will advise the market if and when material shipments are expected to occur. -- www.cnxmarketlink.com
Posted March 17th, 2007 by ruzik_tuzik
