Ecoloclean Industries, Inc. Announces Plans to Expand Operations Into South Texas Empowerment Zone
March 09 2009 - 12:32PM
PR Newswire (US)
CRYSTAL CITY, Texas, March 9 /PRNewswire-FirstCall/ -- Ecoloclean
Industries, Inc. (Pink Sheets: ECCI) announced today plans to
expand its Texas Operations into the Futuro Empowerment Zone in
South Texas. The expansion is part of the Crystal City's, Texas
plan to install a 600 acre Industrial Park to create 2,000 to
15,000 new jobs under Congress's new "green" jobs program.
Ecoloclean's move gives it the ability to manufacture its newer
Electro-Coagulation systems and a new proprietary Hi-Temperature
Plasma System for sales to the oil and gas industries, municipal
and industrial water and wastewater treatment plants, pulp and
paper mills, mining and mineral processing plants, refineries, etc.
The Plasma Technology will be licensed under a National
Manufacturing and Sales/Distribution arrangement with the Licensor.
Ecoloclean Industries, Inc. currently shares its headquarters with
an oilfield drilling and service company in Dimmit County, Texas
near Crystal City, Texas. The new facility will be sized at 10,000
square feet and will house a new corporate office, a
state-of-the-art water and wastewater laboratory, manufacturing
space, and will be situated in the new Crystal City Eco-Industrial
Park. The Crystal City Eco-Industrial Park and tenants will benefit
from State, Local, and Federal Funding and other Empowerment Zone
benefits such as caps on capital gains taxes, employment tax
credits for investors who invest in job creation in the Federal
Empowerment Zone. The Ecoloclean Industries, Inc. expansion is a
6.8 M project utilizing funds from the Futuro Empowerment Zone,
Crystal City, USDA Rural Development Authority, the Texas Workforce
Commission and Ecoloclean's own investment capital. The project is
currently awaiting completion of due diligence by the Crystal City
Economic Development Corporation. Final Approval and bond
inducement resolution by the Crystal City City Council at its March
17, 2009 Meeting. Royis Ward, President and CEO stated that this
expansion will add significant shareholder value to Ecoloclean
Industries, Inc. and its Stockholders. Further updates will be
provided. FORWARD LOOKING SAFE HARBOR STATEMENTS: To the extent
that this release discusses any expectations concerning future
plans, financial results or performance, such statements are
forward looking within the meaning of Section 27A of the Securities
Act of 1933, as amended and Section 21E of the Securities and
Exchange Act of 1934, as amended, and are subject to substantial
risks and uncertainties. Actual results could differ materially
from those anticipated in the forward-looking statements. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof and reflect only
management's beliefs and expectations based upon presently
available information. These statements and other forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties. The Company assumes no obligation to
update any of the forward-looking statements contained in this
release. ABOUT ECOLOCLEAN INDUSTRIES, INC: Ecoloclean Industries,
Inc. is the owner of two wholly owned subsidiaries, Ecoloclean
Industries, Inc. and World Environmental Technologies, Inc. and
utilizes various remediation techniques and technologies.
Ecoloclean Industries, Inc. provides environmental waste
remediation to treat and remove impurities in contaminated
wastewater and/or polluted liquids and solids for a variety of
industries, but not limited to, refineries, paper mills, petroleum
and petrochemical industries. Ecoloclean Industries, Inc. has
merged equipment and personnel in its subsidiaries to maximize the
utilization of company resources. For more information about the
Company, please visit http://www.ecoloclean.com/. INVESTOR CONTACT:
Ecoloclean Industries, Inc. Royis Ward - President and CEO OFF -
830-374-9100 FAX - 830-374-0202 DATASOURCE: Ecoloclean Industries,
Inc. CONTACT: Royis Ward, President and CEO of Ecoloclean
Industries, Inc., +1-830-374-9100, fax, +1-830-374-0202 Web Site:
http://www.ecoloclean.com/
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