Business
Accsys expands into North Ame
Accsys expands into North Ame.
About this update from Accsys Technologies Plc
[{"type":"text","content":"\n RNS Number : 5590H Accsys Technologies PLC 06 November 2008 \n \n\n\n6th November 2008 AIM: AXS\n NYSE Euronext Amsterdam: AXS\n\n\nAccsys Technologies PLC\n\nAccsys expands into North America - Agreement with UCS Forest Products\n\nAccsys Technologies PLC ('Accsys' or 'the Company') announces that Titan Wood Limited ('Titan Wood'), its 100% owned subsidiary, has entered into an agreement with UCS Forest Products ('UCS') for UCS to distribute Accoya® wood in Canada and the United States of America. The two companies are also in discussions regarding licensing options to manufacture Accoya® wood in North America.\n\nUCS, www.ucsforestgroup.com is one of North America's premier importers, exporters and distributors of specialty wood products based in Mississauga, Ontario, Canada. UCS has distribution centres in the US and Canada, including Toronto, Chicago, Calgary, Vancouver, Seattle and Salt Lake City, servicing an estimated US$35 Billion market. The company also maintains a trading office in China.\n\nWarren Spitz, President and CEO of UCS, said, 'Sustainability is essential to the future of the wood industry. UCS is committed to the responsible development and maintenance of our natural resources and Accoya® wood clearly spearheads that opportunity. We believe that Accoya® has a huge role to play in the US and Canadian wood industries. Having done extensive research into the product, we are excited about the opportunity to develop this enormous market.'\n\nUCS will start shipping Accoya® wood products to their customers by the end of 2008.\n\nMr. Spitz, who sits on the Board of the International Wood Products Association, went on to say, 'It is not often that there are real, step-changing technolog...