Green Earth Technologies Establishes GET Manufacturing for Final Production
Posted on: Thursday, 21 February 2008, 09:00 CST
Green Earth Technologies, Inc. (Pink Sheets: GETG), a manufacturer and marketer of environmentally friendly consumer products, today formed GET Manufacturing Inc., a Detroit-based wholly owned subsidiary, that will manufacture, package and distribute the company's "G"-branded automotive appearance and performance products. The establishment of GET Manufacturing -- which follows the recent announcement of two strategic partnerships -- represents the third and final component necessary to enable the Company to produce, package and deliver its products to consumers seeking environmentally friendly alternatives without sacrificing performance or paying a premium price.
GET Manufacturing will provide 100% of GET's production needs including final manufacture, logistics, purchasing, bottling, labeling, boxing, quality control and assurance, inventory, distribution, customer support and all EDI functions required to service retailers and distributors. The facility will utilize an automated bottling and packaging line with a capacity of 240 units per minute which equates to $1 million in sales per day.
Earlier this month, Green Earth Technologies entered into strategic partnerships for source materials and preliminary manufacturing with Inventek Colloidal Cleaners, LLC and Bio-Tec Fuel and Chemical, LLC. Inventek will support the production of automotive appearance products including carwash and windshield rain repellent. Bio-Tec Fuel and Chemical, LLC will support the production of GET's automotive performance products including 2-cycle motor oils, all grades of automotive motor oils and marine motor oils.
Jeff Marshall, President & CEO of Green Earth Technologies, stated, "The establishment of our manufacturing and packaging subsidiary in the retail distribution hub of Detroit, Michigan is expected to ensure ample supply of G-Branded products to meet current and anticipated future demand. Combined with our recently announced sourcing relationships with Inventek Colloidal Cleaners and Bio-Tec Fuel and Chemicals, the manufacturing, packaging and distribution capabilities of GET Manufacturing sets the stage for G-Branded products to hit retail shelves starting now."
Ron Lipson, President of GET Manufacturing, stated, "We successfully completed the necessary manufacturing trials and have established a support system to produce the 18 initial SKUs of G-Branded products to fill orders in case, pallet and truckload lots. GET Manufacturing will execute all essential logistics from packaging to distribution, billing and collection that will enable Green Earth's products to reach the market."
ABOUT GREEN EARTH TECHNOLOGIES:
Green Earth Technologies produces "G" - Branded superior performing totally green products made with American-grown base oils that utilize the power of nanotechnology to deliver environmentally friendly products with no compromise...meaning, consumers can now "do their part" without having to give up performance or value - Save the Earth - Sacrifice Nothing. The G-Brand family of products include G-OIL™, G-WASH™, G-GLASS™, G-SCENT™, G-WHEEL™ and G-TIRE™, and are offered in a wide range of automotive categories including performance & appearance chemicals. Please visit www.GETgreenearth.com or www.getg.com for the latest news and in-depth information about G.E.T. and its brands.
SAFE HARBOR STATEMENTS:
Certain statements in this release regarding future events and developments, future performance, management's expectations, beliefs, plans, or projections are "forward looking statements" within the meaning of the federal securities laws. Such statements are subject to a number of risks and uncertainties, and are based on the Company's current expectations, and speak only as of the date of such statements. Actual Company results may differ materially from any forward-looking statements due to such risks and uncertainties.
Source: Business Wire
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