leadf
logo-loader
viewAtlas Engineered Products Ltd.

Atlas Engineered Products set for further growth as it strikes supply deal with Gillfor Distribution

Gillfor is a leading independent wholesale distributor of building materials, the group said

Atlas Engineered Products -
"This agreement secures and consolidates EWP supply across our eastern region and guarantees a reliable supply of quality products for our customers," said Dirk Maritz

Atlas Engineered Products Ltd (CVE:AEP) (OTCMKTS:APEUF) announced a supply and puchase deal with Gillfor Distribution Inc, which, it says, will generate significant market penetration and revenue growth for the group. 

Gillfor is a leading independent wholesale distributor of building materials and will supply all of Atlas's Eastern Canadian operations with engineered wood products. 

READ: Atlas Engineered Products continues its efficiency drive in Canada's wood product industry

The deal includes competitive pricing, free bulk shipping, and technical and software support services, noted Atlas.

"This agreement secures and consolidates EWP supply across our eastern region and guarantees a reliable supply of quality products for our customers," said Dirk Maritz, Atlas Engineered's president and chief executive.

"We are excited to work with the Gillfor team to develop the full range of products required to be competitive in the modern wood construction market. This agreement has the potential to generate significant market penetration and revenue growth for AEP through our expanded basket of products and solutions for these markets."

Atlas, headquartered in Nanaimo, British Columbia, is acquiring and operating profitable, well-established businesses in Canada's roof truss and engineered wood products industry.

Last week, the group reported that experienced business development specialist and entrepreneur, Bill Gammel, had joined the executive team - as vice president (VP) of sales effective immediately.

Contact the author at giles@proactiveinvestors.com

Quick facts: Atlas Engineered Products Ltd.

Price: 0.24 CAD

TSX-V:AEP
Market: TSX-V
Market Cap: $13.85 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Atlas Engineered Products Ltd. named herein, including the promotion by the Company of Atlas Engineered Products Ltd. in any Content on the...

FOR OUR FULL DISCLAIMER CLICK HERE

Atlas Engineered Products acquires company giving them footprint in Metro...

Atlas Engineered Products (CVE: AEP-OTC: APEUF) CEO Dirk Maritz shared the news with Steve Darling from Proactive Vancouver that Atlas has made another key acquisition giving them a footprint into the large market of Metro Vancouver. Maritz telling Proactive the new company called Novum will...

on 14/7/20

2 min read