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Falken Industries enters Australian Market
Falken Industries enters Australian Market.
About this update from Falken Industries Ltd
[{"type":"text","content":"Paris, France, January 9, 2007 -- FALKEN INDUSTRIES LTD – CleanPlus® Product Group announced the signing of an Australian Super Distributor for their“Premium” consumer line of auto care products. The agreement, commencing in 2007,guarantees a 5 year minimum purchase of 300,000 € ($400,000) annually.Already present in over a dozen international markets, Clean Plus® products will now beavailable to the untapped Australian consumer. With a population of roughly 20 million,Australia has an economy with a per capita GDP on par with the four dominant WestEuropean economies. However, with its steady growth rate of 2.8 %, experts predictAustralia to eventually surpass these markets.“Australia is an ideal market for auto care products due to its seasonal continuity,” HelleMadsø, Executive Vice President-Europe, “ It allows us to have a year round presence inthe market. Additionally, its hemispheric location produces a seasonally inversed climateto those of our European countries, allowing for uninhibited capital flow to thecompany.”The Super Distributor seemed particularly excited about the Premium line of wet wipeproducts. Clean Plus® Premium line has the largest range of auto care wet wipes, whichboast an established reputation for uncontested quality. “With Australia’s convenienceseekingculture,” he commented, “the wipes will be very popular.”About Falken Industries Ltd:Falken Industries Ltd OTC : FLKI is a diversified industrial conglomerate that operates in Chemicals, Wet Wipe and Biodegradable Technology. Falken Industries Ltd is the concept behind more than 160 products distributed through a network of global platforms and the recipient of trade awards for innovations, biodegradability and environmental and health quality standards. ","length":2360,"tagName":"div"}]