Bemax to Start Production of Protective Mask in the U.S.
Bemax Inc. (OTC PINK:BMXC) announced plans to start manufacturing protective face masks in the U.S. with a capacity of 110,000 units per day. Production is set to begin in the second quarter of this year, aligning with the U.S. government's 'Made In America' initiative. The move aims to reduce reliance on imports from China, thus lowering shipping costs and improving delivery times. CEO Taiwo Aimasiko emphasized that this initiative is expected to boost growth, revenue, and shareholder value, while supporting local customers.
- Initiating local production of protective face masks, enhancing supply chain efficiency.
- Production capacity of 110,000 units per day, indicating strong potential for revenue growth.
- Alignment with 'Made In America' initiative, appealing to local and federal customers.
- None.
ATLANTA, GA / ACCESSWIRE / February 22, 2021 / Bemax Inc. (OTC PINK:BMXC), a growing global distributor of household products, is pleased to announce it will start the production of protective face mask in the U.S with a 110000 units per day production capacity. The PPE facility will aim at catering to demands of customers in the U.S. and when fully operational will be scaling capacity to additional marketplaces depending on demand.
Bemax will begin manufacturing its PPE products in the U.S. second quarter this year as the company further reiterates on the ‘Made In America' initiative of the U.S. Government. Bemax PPE production will bring better pricing and value to customers including Local, State and Federal customers through reduction in dependence imports from China, eliminate shipping and customs related costs, as well as prompt and faster delivery especially during the ongoing global public health crisis.
"This step during this current year would support growth and revenue through increasing output and incremental sales, add to shareholders value, and further reinforce our commitment to the Government's ‘Made in U.S.' initiative" stated Bemax CEO, Taiwo Aimasiko.
About Bemax Inc.
Bemax Inc. exports and distribute private label household products to the global emerging markets. www.bemaxinc.com.
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This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
CONTACT INFORMATION
Bemax Inc.
Atlanta, GA
USA
Tel: 4044808372
SOURCE: Bemax Inc.
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