Industrial Nanotech to open regional retail/warehouse centers

March 27, 2008 — Industrial Nanotech Inc. plans to begin opening regional retail stores/warehouse centers in key established markets worldwide to warehouse inventory for that area and sell its Nansulate energy saving protective coatings to local customers. The first facility is planned for Denver, CO, in Q2 2008. The second is planned for Dusseldorf, Germany, with other centers to follow.

“As momentum builds for our unit sales volume and revenue growth in specific regions of the world, it becomes cost-effective to begin operating our own combination warehouse/retail facilities and capture additional revenues available to us in the supply chain,” states Stuart Burchill, CEO/CTO of Industrial Nanotech. “Additionally, this move provides reductions in both shipping costs and delivery times to individual and industrial customers and creates availability in a retail environment for the walk in ‘impulse buyer’ customers whom we have strong reasons to believe will become a key source of revenue in these locations.”

POST A COMMENT

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.