NORTH PLAINS, Ore., Oct. 16 /CNW/ -- Jewett-Cameron Trading Company Ltd.
(Nasdaq: JCTCF; TSX: JCT) today announced a significant expansion in the
market for its proprietary gate support system, which is sold under the trade
The Adjust-A-Gate system is designed for gate applications of 36 to 96
inch openings. The system is designed to keep gates in proper alignment. It
can be used in new construction or to repair older sagging gates. The product
is manufactured of square steel tubing, which is powder coated for years of
maintenance free service.
CEO Don Boone commented on growing market for this product, " Since
Jewett-Cameron acquired the patents and manufacturing rights to this gate
support system in late 2006 the market has been expanding to where we are
currently selling it to 724 retail locations. We are now projecting based on
commitments from customers that the first level of national distribution will
be achieved in 2008, and that this will entail selling the product in
approximately 1,740 retail locations."
About Jewett-Cameron Trading Company Ltd.
Jewett-Cameron Trading Company is a holding company that operates through
subsidiary companies as follows. Jewett-Cameron Lumber Corporation's business
consists of warehouse distribution and direct sales of wood products and
specialty metal products to home centers and other retailers. Greenwood
Products is a processor and distributor of industrial wood and other specialty
building products principally to customers in the marine and transportation
industries. MSI-PRO is an importer and distributor of pneumatic air tools,
industrial clamps, and the Avenger Products line of sawblades and other
products. Jewett-Cameron Seed Company is a processor and distributor of
agricultural seeds. The area of most significant growth within Jewett-Cameron
is the manufacture and distribution of specialty metal products like dog
kennels, gate support systems, and perimeter fencing.
The information in this release contains certain forward-looking
statements that anticipate future trends and events. These statements are
based on certain assumptions that may prove erroneous and are subject to
certain risks, including but not limited to the uncertainties of the company's
new product introductions, the risks of increased competition and
technological change in the company's industry, and other factors detailed in
the company's SEC filings. Accordingly, actual results may differ, possibly
materially, from predictions contained herein.
Contact: Don Boone, President & CEO, (503) 647-0110
For further information:
For further information: Don Boone, President & CEO of Jewett-Cameron
Trading Company Ltd., +1-503-647-0110