BOON Significantly Expands Production Capabilities
Boon Industries, Inc. (OTC PINK: BNOW) announced the expansion of its facilities, allowing production of DiOx+ and BioDox at an annual capacity of 25,000 cases, with a potential wholesale value exceeding $10 million. This expansion increases their output by over tenfold compared to previous capabilities. Additionally, the company has enhanced its management and sales team to drive product sales and establish partnerships with industry leaders, aiming to secure a stronger market position in the sterilization and agricultural sectors.
- Expanded production capacity to 25,000 cases annually.
- Estimated wholesale value of new capacity over $10 million.
- Increased product output by over ten times previous capabilities.
- Strengthened management and sales team to drive revenue.
- None.
SACRAMENTO, CA, Dec. 01, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Boon Industries, Inc. (OTC PINK: BNOW) (“Boon” or the “Company”), is pleased to announce that as a result of the expansion of the Company’s facilities, the Company now has the capability to produce DiOx+ and BioDox at a projected initial annual capacity of twenty-five thousand cases per year with a potential estimated wholesale value of over ten million dollars.
“With the completion of our new facility this month we will now have the ability to produce and fulfill over ten times the amount of product compared to our prior production capabilities. In addition to our ability to fulfill orders at these greatly expanded levels and generate increased revenues, we will be able to offer additional products and expand our product offering,” stated Justin Gonzalez, Chairman and CEO.
Boon Industries is also pleased to report that it has expanded its management and sales team with highly experienced industry professionals who have begun to generate sales of the Company’s products, and commence negotiations with larger industry leaders which we believe will greatly increase our revenue and firmly install Boon’s products as market leaders in the sterilization and agricultural industries.”
Boon Industries, Inc. (OTC: BNOW) is an innovative bioscience company delivering solutions that benefit people and the planet. At the core of our company is a passion to create revolutionary solutions to today’s toughest health and environmental challenges. Our dedicated team has years of experience creating, manufacturing, and marketing proprietary chemical solutions to a global market. We are committed to doing right by people and the planet by providing environmentally positive products. The introduction of DiOx+ and BioDox to the U.S. market follows 12 years of chlorine dioxide usage in global markets driven by Boon’s CEO Justin Gonzalez. Boon’s promise is to provide the most effective, affordable solutions without sacrificing health and safety.
Safe Harbor for Forward-Looking Statements: This news release contains forward-looking statements which are not statements of historical fact. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include but are not limited to changes in general economic and financial market conditions. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Please note that from time to time the Company may post new information at its website boonindustries.com, or via its current social media accounts below:
LinkedIn: https://www.linkedin.com/company/boon-industries
Twitter: https://twitter.com/boonindustries
The Company’s most current Investor Presentation is available at the following link:
Company Contact
Boon Industries, Inc.
www.boonindustries.com
admin@boonindustries.com
Investor Relations & Financial Media
Integrity Media Inc.
team@integritymedia.com
Toll Free: (888) 216-3595
www.IntegrityMedia.com
FAQ
What is the new production capacity of Boon Industries (BNOW)?
What is the estimated wholesale value of Boon Industries' new production capability?
How has Boon Industries' production capacity changed?
What strategic steps is Boon Industries (BNOW) taking to increase revenue?
