Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

AERT Record August Sales Top $3 Million, Set All-Time High.


Business Editors and Environmental Writers

SPRINGDALE, Ark.--(BUSINESS WIRE)--Sept. 7, 2000

Advanced Environmental Recycling Technologies Inc. (Nasdaq:AERTA AERTA Army Environmental User Requirements and Technology Assessments (US Army) ), a leader in wood composite technology, announced that the unaudited sales for August reached $3.07 million and set an all-time record.

This record surpasses the previous record of $2.7 million reported in June 2000. August sales of $3.07 million also compares with $2.06 million for August 1999, an increase of 49% over the prior period.

"Our AERT AERT Advanced Environmental Recycling Technologies, Inc
AERT Animal Emergency Response Team
 associates at both facilities worked hard and accomplished operation improvements that contributed to the record," stated AERT Chairman, Joe G. Brooks. "In particular, the Texas facility increased sales to $1.4 million for the month."

"With initial construction phases winding down, AERT is focused on further increasing production, improving efficiencies and margins and generating respectable profits for our shareholders," stated Brooks.

Advanced Environmental Recycling Technologies Inc. manufactures a growing line of composite building materials Building materials used in the construction industry to create .

These categories of materials and products are used by and construction project managers to specify the materials and methods used for .
 made from recycled polyethylene plastic and waste wood fiber. The Company's products are marketed under the trade names MoistureShield(R) and ChoiceDek(R) for the North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 homebuilding market. AERT currently operates a composite manufacturing facility in Texas and a plastic recycling Plastic recycling is the process of recovering scrap or waste plastics and reprocessing the material into useful products, sometimes completely different from their original state.  facility and composite manufacturing facility in Arkansas.

Certain of the statements made in this press release by Joe G. Brooks are forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 within the meaning of the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 Reform Act of 1995. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and other factors that could cause or contribute to actual results differing materially from such forward-looking statements are discussed in greater detail in the Company's Securities Commission filings.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Sep 7, 2000
Words:281
Previous Article:Astral Point Will Offer Monthly On-Line Tutorials On Optical Networking For Press and Industry Analysts.
Next Article:Gov. Jesse Ventura to Participate in Smackdown Challenge.
Topics:



Related Articles
Plastic waste finds home in buildings.
AERT Announces July Sales of $2.48 Million.
BASEBALL NOTEBOOK: BANK ON IT, BASEBALL SALARIES NOW AVERAGE $1.9 MILLION.
SUMMER MOVIE RECEIPTS TITANIC.
AERT opens third facility.
AERT files year-end report.
AERT adds warehouse facility.
AERT reports financials.
AERT case to go to trial.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles