Facility Will Allow for Increased
Manufacturing Production, More Inventory, and New Hires
Progressive Water Treatment (PWT), a division of Water on Demand
Inc., announces today that it has opened a new 21,500-square-foot
headquarters in Sherman, Texas. The facility features a light
manufacturing facility for water treatment equipment, a warehouse
to expand in-stock filtration & pump inventory, and provides
more rapid delivery to its customers.
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Progressive Water Treatment (PWT), a
division of Water on Demand Inc., announces today that it has
opened a new 21,500-square-foot headquarters in Sherman, Texas.
“Progressive Water Treatment has been growing its footprint in
Texas for 25 years now, and we’re eager to continue that success
with a new, state-of-the-art facility in Sherman,” said Tom
Marchesello, Chief Operating Officer of OriginClear. “We are
thrilled to have headquarters which will allow us to respond even
more rapidly to customer demand and ramp up our production in a
safe and sustainable way. We are also delighted to join the
bustling technology community in the North Dallas area.” (Graphic:
OriginClear)
The Grand Opening ceremony will be held on Tuesday, October 8,
from 2 to 4 p.m. at 5225 W Houston, Sherman, TX 75092. The event
will include a ribbon-cutting ceremony by the Mayor of Sherman,
David Plyler. Riggs Eckelberry, Co-Founder and CEO of OriginClear,
plans to join the Mayor of Sherman, PWT President Marc Stevens, and
PWT President of Sales Mike Jenkins, for the ribbon-cutting.
“Progressive Water Treatment has been growing its footprint in
Texas for 25 years now, and we’re eager to continue that success
with a new, state-of-the-art facility in Sherman,” said Tom
Marchesello, Chief Operating Officer of OriginClear. “We are
thrilled to have headquarters which will allow us to respond even
more rapidly to customer demand and ramp up our production in a
safe and sustainable way. We are also delighted to join the
bustling technology community in the North Dallas area.”
The company’s new facility will feature two lines for
manufacturing as opposed to one, along with a more open floor plan
and improved logistics. The company currently has 25 employees and
will be actively hiring ten additional staff members to fill open
roles, including skilled workers, engineers, a design draftsman, a
salesman, a PLC (Programmable Logic Controller) & controls
software technician, mechanical technicians, and welders.
“We chose to move the PWT location to Sherman because of what
the area has to offer. It is one of the most sought-after locations
for industrial manufacturing and also has access to major trucking
routes, rail systems, and air freight,” said Riggs Eckelberry, CEO
of OriginClear. “We look forward to providing world-class services
to our local customers, and specifically to those within a
three-hour drive, who will now be able to request next-day
delivery.”
PWT employees will now thrive in an exemplary working
environment, better school systems for their children, and an
overall more favorable location. To learn more, visit
https://www.progressivewater.com/.
About Progressive Water Treatment and Water on Demand
Inc
Once a government monopoly, clean water is going private. Local
industries and communities are now treating and recycling their own
water, helping to reduce the burden on municipal systems and save
on fast-rising water rates while also responding to the challenge
of climate change. That’s good for business and good for
sustainability. Now, the innovative fintech, Water On Demand™, is
enabling clean water to become an investable asset, open to main
street investors, with the potential for generational royalties. In
2023, OriginClear contributed its Modular Water Systems division to
give Water On Demand the downsized technology that businesses need
for on-site water treatment and recycling. Later in 2023,
OriginClear contributed Progressive Water Treatment, a 25-year
veteran engineered solutions subsidiary based in McKinney, Texas,
adding the ability to execute on larger and more prestigious
installations.
No Offer or Solicitation
This press release shall not constitute a solicitation of a
proxy, consent, or authorization with respect to any securities or
in respect of the proposed business combination. This press release
shall also not constitute an offer to sell or the solicitation of
an offer to buy any securities, nor shall there be any sale of
securities in any states or jurisdictions in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
No offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act of 1933, as amended, or an exemption therefrom.
About OriginClear
OriginClear® is the Clean Water Innovation Hub™, dedicated to
launching new ventures such as Water On Demand™ and Modular Water
Systems™ – a leader in onsite, prefabricated systems made with
sophisticated materials that can last decades. Another OriginClear
subsidiary acquired in 2015, Progressive Water Treatment, helped
achieve a company-wide increase of 250% in revenues from 2021 to
2022, and has now merged with Water On Demand and Modular Water
Systems in a combination known as Water On Demand Inc., intended to
create better enterprise value for a potential merger. Tune in on
OriginClear's Legends of Water monthly broadcast by signing up at
www.originclear.com/ceo.
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Safe Harbor Statement
Matters discussed in this release contain forward-looking
statements. When used in this release, the words “anticipate,”
“believe,” “estimate,” “may,” “intend,” “expect,” “plans” and
similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the
forward-looking statements contained herein.
These forward-looking statements are based largely on the
expectations of the Company and are subject to a number of risks
and uncertainties. These include, but are not limited to, risks and
uncertainties associated with our history of losses and our need to
raise additional financing, the acceptance of our products and
technology in the marketplace, our ability to demonstrate the
commercial viability of our products and technology and our need to
increase the size of our organization, and if or when the Company
will receive and/or fulfill its obligations under any purchaser
orders. Further information on the Company's risk factors is
contained in the Company's quarterly and annual reports as filed
with the Securities and Exchange Commission. The Company undertakes
no obligation to revise or update publicly any forward-looking
statements for any reason except as may be required under
applicable law.
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Media Contact Notably PR Carly Martinetti – 978 996 2078
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Investor Relations Financial Profiles - IR Director
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