NANAIMO, BC, June 17, 2021 /CNW/ - Atlas Engineered Products
("AEP" or the "Company") (TSXV: AEP) (OTC Markets: APEUF) is
pleased to provide an update on the Company's organic growth
initiatives at its newest acquisition, Novum Building Components
("Novum") location, in Abbotsford,
BC.
The Company has been working hard to continue its integration at
Novum and is excited to move forward with its growth initiatives by
adding Engineered Wood Products ("EWP") to the products available
at this location. EWP includes i-joists, laminated beams,
architectural glulams, and numerous other products. This product
expansion allows Novum to satisfy a wider range of construction
needs for customers without requiring them to shop around for
multiple different suppliers. In addition to supplying these
products, Novum can help design and engineer these products for our
customers' construction projects in the most cost effective
way.
"We are excited to expand our product offerings at this location
to better serve our customers with a single phone call or email,"
says Gurmit Dhaliwal, VP of
Operations. "Through continued product line expansion we can better
serve the needs of our customers and grow right along with
them."
About Atlas Engineered Products Ltd.
AEP is a growth company that is acquiring and operating
profitable, well-established operations in Canada's truss and engineered products
industry. We have a well-defined and disciplined acquisition and
operating growth strategy enabling us to scale aggressively and
apply new technologies, giving us a unique opportunity to
consolidate a fragmented industry of independent operators.
Forward Looking Information
Information set
forth in this news release contains forward-looking statements.
These statements reflect management's current estimates, beliefs,
intentions and expectations; they are not guarantees of future
performance. Although AEP believes that the expectations reflected
in the forward looking statements are reasonable, there is no
assurance that such expectations will prove to be correct, or that
such future events will occur in the disclosed time frames or at
all. AEP cautions that all forward looking statements are
inherently uncertain and that actual performance may be affected by
a number of material factors, many of which are beyond AEP's
control. Such factors include, among other things: Risks and
uncertainties relating to AEP, including those to be described in
the Management's Discussion and Analysis ("MD&A") for AEP's
three months ended March 31,
2021. Accordingly, actual and future events, conditions and
results may differ materially from the estimates, beliefs,
intentions and expectations expressed or implied in the
forward-looking information. Except as required under applicable
securities legislation, AEP undertakes no obligation to publicly
update or revise forward-looking information.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
SOURCE Atlas Engineered Products Ltd.