Lux Amber Announces Walton Ashwander As Company President

Rhea-AI Summary

Lux Amber Corp. (OTC: LXAM) has appointed Walton A. Ashwander, Jr. as the new company president and board member. Ashwander, equipped with a Bachelor of Applied Science in accounting and an MBA, has an extensive background in the construction industry, enhancing Lux Amber’s specialty chemical offerings. Ashwander aims to leverage his industry connections to drive growth. CEO E. Thomas Layton expressed confidence in Ashwander's capabilities to benefit customers and shareholders. Lux Amber specializes in environmentally safe chemicals, including various industrial and consumer cleaning products.

Positive

• Appointment of Walton A. Ashwander, Jr. as company president to enhance growth.
• Ashwander's background in the construction industry complements Lux Amber's market position.
• Focus on marketing and product placement to drive expansion in specialty chemical markets.

Negative

• None.

FRISCO, Texas, Sept. 7, 2021 /PRNewswire/ -- Lux Amber Corp. (OTC: LXAM) announces Walton A. Ashwander, Jr. as company president and a member of the Board of Directors.

Mr. Ashwander has a Bachelor of Applied Science degree in accounting and an MBA.  Following his formal education Walton was employed in the construction industry where he served in financial positions and through a series of promotions into areas of general management. His wide experience in the construction industry compliments Lux Amber's position as a provider of specialty chemicals and applications equipment to the construction industries.

Walton brings marketing and product placement concepts that will enhance the rate of Lux Amber's growth in these markets. Walton's "home-field" advantage and network will position Lux Amber to expand further.

In discussions with Lux Amber executives, Walton said, "I am thrilled to be given this opportunity to get the message out to specialty chemical marketplaces that, "when a chemical solution is needed, Lux Amber has it."

In an interview, E. Thomas Layton, Chairman and CEO stated, "I have known Walton for several years and I am confident our customers and shareholders will recognize and appreciate that Walton is the right person and has joined at exactly the right time."

About Lux Amber Corp.
Lux Amber Corp.  is an international specialty chemical company. The Company serves as both a producer and distributor of environmentally safe, specialty chemicals. Products sold by the Company utilize all-natural and renewable resources, contain no dangerous chemicals or additives, and offer "green" solutions to its customers. These products include asphalt release agents, industrial cleaners, environmental remediation gels, odor control agents, and consumer friendly cleaners. www.worldwidesc.com

Forward-Looking Statements
This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Lux Amber, Corp.'s business, and Lux Amber, Corp. undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Contact:
Michael S. Preston
mpreston@lxamcorp.com
469-863-9400

 

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SOURCE Lux Amber Corp.

FAQ

What is the significance of Walton A. Ashwander's appointment at Lux Amber Corp. (LXAM)?

Walton A. Ashwander's appointment as president is expected to enhance Lux Amber's growth and market presence in specialty chemicals.

How does Walton A. Ashwander's background benefit Lux Amber Corp. (LXAM)?

His extensive experience in the construction industry aligns with Lux Amber's focus, providing a strategic advantage for product placement and market expansion.

What type of products does Lux Amber Corp. (LXAM) specialize in?

Lux Amber specializes in environmentally safe specialty chemicals, including industrial cleaners, asphalt release agents, and odor control agents.

What is the market position of Lux Amber Corp. (LXAM)?

Lux Amber positions itself as a provider of eco-friendly specialty chemicals and applications equipment tailored for the construction industry.