Company Website:
http://www.uniroyalglobal.com
SARASOTA, Fla. -- (Business Wire)
Uniroyal
Global Engineered Products, Inc. (OTCQB:UNIR) (or the “Company”)
upgraded the lighting infrastructure to more energy efficient LED
lighting in its North American manufacturing plant located in Stoughton,
Wisconsin. The Stoughton plant manufactures Uniroyal Global’s Naugahyde®,
automotive and custom/specialty vinyl-coated fabric products. Utilizing
an incentive from Focus
on Energy, Wisconsin’s statewide program for energy efficiency and
renewable energy, the company implemented 575 LED light fixtures within
the manufacturing plant’s production floor and warehouse. This lighting
project entailed upgrading older light fixtures to LED technology and
installing new LED light fixtures with occupancy motion detectors that
dim or switch off lights when workers are not present. The lighting
project is expected to save a total of 607,706 kilowatt hours in
electricity and reduce its annual energy costs.
“With the new LED lighting, we’ve improved task lighting in key
production areas, and are seeing a reduction in both energy consumption
and related utility costs,” said Jim Recob, Plant Manager. The LED
lighting project is one initiative within an overall strategy to invest
in energy efficient manufacturing technologies that reduce the
environmental impact of manufacturing operations. “This LED technology
upgrade represents our commitment to lean manufacturing and energy
efficiency while at the same time reducing our carbon footprint,” added
Howard F. Curd, President.
About Uniroyal Global Engineered Products, Inc.:
Uniroyal
Global Engineered Products, Inc. (UNIR) is a leading
manufacturer of vinyl coated fabrics that are durable, stain resistant,
cost-effective alternatives to leather, cloth and other synthetic fabric
coverings. Uniroyal Global Engineered Products, Inc.’s revenue in 2015
was derived 65% from the automotive industry and approximately 35% from
the recreational, industrial, indoor and outdoor furnishings,
hospitality and health care markets. Our primary brands names include
Naugahyde®, BeautyGard®, Flameblocker,™ Spirit Millennium® , Ambla®,
Amblon®, Velbex®, Cirroflex®, Plastolene® and Vynide®.
Forward-Looking Statements:
Except for statements of historical fact, certain statements
contained in this document are intended to constitute forward-looking
statements under the securities laws, including the Private Securities
Litigation Act of 1995.Such statements generally refer to the
future and may, but do not necessarily, include the words “believe,”
“expect,” “anticipate,” “intend,” “expect,” “should,” “planned,”
“estimated” and “potential” and words of similar import. These
forward-looking statements are based on Uniroyal Global Engineered
Products, Inc.’s current expectations. The Company cautions investors
that any forward-looking statements made by the Company are not
guarantees of future performance and that a variety of factors could
cause the Company´s actual results and experience to differ materially
from the anticipated results or other expectations expressed in the
Company´s forward-looking statements. The risks and uncertainties which
may affect the operations, performance, development and results of the
Company´s business include, but are not limited to, uncertainties
relating to economic conditions, customer plans and commitments, the
pricing and availability of equipment, materials and inventories,
technological developments, performance issues with suppliers, economic
growth, delays in testing of new products, the Company’s ability to
successfully integrate acquired operations, the Company’s dependence on
key personnel, the Company’s ability to protect its intellectual
property rights, the effectiveness of cost-reduction plans, rapid
technology changes and the highly competitive environment in which the
Company operates. Additional risk factors that could adversely affect
the Company’s performance are set forth in the Company’s latest Annual
Report on Form 10-K filed with the Securities and Exchange Commission.Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date the
statement was made.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160728006715/en/
Contacts:
Uniroyal Global Engineered Products, Inc.
Corporate Contact:
Elizabeth Henson, 941-870-3950
LHenson@UniroyalGlobal.com
or
Uniroyal
Global Engineered Products, Inc. Public Relations:
TTC
Group, Inc.
Vic Allgeier, 646-290-6400
vic@ttcominc.com
Source: Uniroyal Global Engineered Products, Inc.
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