GlyEco Enters North Carolina Markets to Expand Direct Retail Automotive Footprint
PHOENIX, AZ / ACCESSWIRE / November 3, 2015 / A leader in sustainable glycol technologies, GlyEco, Inc. ("GlyEco" or the "Company") ("GLYE"), announced today that the Company has entered the Charlotte and surrounding North Carolina markets delivering quality, sustainable glycol to state, regional, and national automotive retailers.
Executive Vice President of Sales, Todd Smith, commented, "We have been developing our expansion strategy over the past six months and this includes penetrating into areas we believe are open and accommodating markets. We began to presell and develop relationships in the market prior to launching our direct to location service." Smith added, "We now proudly service the "First in Flight" state with our superior sustainable solutions. We anticipate the initial market to reach approximately 330 automotive locations, with the opportunity for further growth as we successfully fulfill these locations with quality service and product."
Start a Project with GlyEco! Contact Todd Smith, Executive Vice President of Sales, at 866-960-1539 ext. 704.
GlyEco is interested in accepting hard or impossible to dispose of ethylene and polyethylene glycol waste. The Company is accepting new territory opportunities in the Southeast, South, and Midwest markets for automotive retail, regional product delivery, and as a supplier of quality glycol products.
"We partner with companies who take sustainable glycol waste streams seriously," stated Smith.
Interim Chief Executive Officer and President, David Ide, added, "We have developed our quick to partner platform to incorporate our field technology, Quality Control and Assurance, and satellite operations to advance our business, exceed the needs of our customers, and support sustainable growth in regions of opportunity." Ide continued, "We have a special and talented group of managing partners who continue to develop and deliver on opportunities. With the tools we continue to develop and implement, we expect to realize additional quick to partner deals."
North Carolina ranks as the 10th most populated state. Start a Business in North Carolina!
About GlyEco, Inc.
GlyEco collects and recycles waste glycol streams into reusable glycol products that are sold to third party customers in the automotive and industrial end-markets in the United States. Our proprietary and patented technology allows us to recycle all five major types of waste glycol into high-quality products usable in any glycol application. We are dedicated to being the standard in the glycol industry by providing the highest-quality products, services, and technology possible to our customers.
For further information, please visit: http://www.glyeco.com
To partner or to start a project with us, please visit: Start a Project with GlyEco!
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the words "believe," "anticipate," "expect," "intend," "estimate," and similar expressions. All statements in this document regarding the future outlook related to GlyEco, Inc. are forward-looking statements. Such statements are based on the current expectations, beliefs, estimates and projections of management and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements including the risk that the future data will not be as favorable as the initial results. Additional uncertainties and risks are described in our most recent Annual Report on Form 10-K. For a more detailed discussion of factors that affect GlyEco's operations, please refer our filings with the Securities and Exchange Commission ("SEC"). Copies of these filings are available through the SEC website at http://www.sec.gov. All forward-looking statements are based upon information available to us on the date hereof, and GlyEco undertakes no obligation to update this forward-looking information.
Contact:
GlyEco, Inc.
Dwight Mamanteo
Non-Executive Chairman
dwight@glyeco.com
866-960-1539 ext. 703
SOURCE: GlyEco, Inc.
