Pacific Sands Named Fastest-Growing Wisconsin Company
(firmenpresse) - KENOSHA, WI -- (Marketwire) -- 06/13/12 -- Pacific Sands, Inc. (OTCQB: PFSD) (PINKSHEETS: PFSD) (), which manufactures environmentally friendly, non-toxic liquid and powder cleaning, laundry, and water treatment products, announced it was recently named Wisconsin's fastest-growing public company by the Milwaukee Business Journal. The ranking was based on percentage growth of revenue in calendar year 2011 compared with calendar year 2010, and total employees.
This spring, the company completed a move to a new 32,000 square foot leased office, manufacturing, and laboratory facility in a well-located and modern building in Kenosha, WI. To accommodate increased demand for its products and to provide faster manufacturing turnaround and drive reduced unit costs and result in favorable trends in cost of goods sold, Pacific Sands has leased and purchased new high-speed manufacturing equipment, with funding assistance from the Kenosha Area Business Alliance (KABA), an organization committed to the area's economic development since the early 1980s.
"We are delighted to have been recognized as a leader in Wisconsin-based business, and that our revenue growth continues to reflect strong demand for our products and concept of providing environmentally friendly solutions," said Michael Michie, President and CEO. "As we near the conclusion of our fiscal 2012 on June 30, we have settled into our new facility and have a strong pipeline of orders that we anticipate will drive the kind of growth we have experienced during the past few years."
The company reported results for the nine months of fiscal 2012, ended March 31, 2012, that included net sales of $1,197,743, an increase of 15.2% over net sales of $1,039,932 for the nine months ended March 31, 2011. This increase was due to growth in private label product sales, and occurred even with its move to the new facility, which temporarily impacted production. In the past several months, Pacific Sands has accelerated its sales outreach capabilities and had a strong positive reception at pool and spa trade shows.
Pacific Sands, Inc. () is a rapidly growing company that develops, markets and sells unique non-toxic, earth-, health- and child-friendly products for cleaning, personal hygiene, and water maintenance applications. The company's ecoone® Spa Treatment system was named a "Top 50 product for 2008" by Pool and Spa News. Wal-Mart's Innovation Network awarded one of the company's products the highest "Success Likelihood Score" ever granted in the program's 22-year history.
The statements contained in this release and statements that the company may make orally in connection with this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected in the forward-looking statements, since these forward-looking statements involve risks and uncertainties that could significantly and adversely impact the company's business. Therefore, actual outcomes and results may differ materially from those made in forward-looking statements.
Contact:
Michael Michie
President & CEO
262-925-0123
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Datum: 13.06.2012 - 15:00 Uhr
Sprache: Deutsch
News-ID 156212
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Town:
KENOSHA, WI
Kategorie:
Specialty Chemicals
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