Nu Flow Licensee Sales Increase
Nu Flow, one of the world’s leading inside infrastructure corporation, announced licensee sales growth for 2009 year to date. Licensee sales have already surpassed the amount earned in all of 2008 by 11 percent. Furthermore, third-quarter licensee sales were the highest for the year, reflecting a growth trend that is continuing into the fourth-quarter. The increase in sales was driven by the growing awareness and demand for Nu Flow’s products across Canada, the United States and Europe.
Nu Flow’s manufacturing facility, located in Oshawa, ON, 30 miles east of Toronto, has expanded production activity to meet the rise in domestic and overseas demand. Nu Flow is the only small-diameter pipe lining company who manufactures all of their own epoxies, lining materials and specialty installation equipment, with patents held on certain equipment and processes. This ensures a high level of quality control and cost control while enabling Nu Flow to provide faster product delivery to job sites. Furthermore, manufacturing the products they install supports Nu Flow’s R&D which is driven by real-world needs resulting in technologically superior products and solutions.
“We’ve seen the highest amount of contract signings during the last quarter. We expect an even larger increase during the next quarter as the demand for our products and contracts continue to increase,” said Stephen Stoppenbrink, Chief Operations Officer. “With the continuous drive and demand, the upcoming year will be very promising.”
Founded in 1998, Nu Flow began as a technology company, manufacturing and installing patented and propriety trenchless drain and sewer lining solutions. Today, Nu Flow manufactures and installs green solutions including epoxy coatings and structural liners to rehabilitate various water, drain and mechanical systems without disruption.
Nu Flow’s Corporate Headquarters are located in San Diego, California with locations in Sarasota, FL; Seattle, WA; Atlanta, GA and Toronto, ON, Canada. The company works globally with operations in Australia, Canada, Denmark, Dubai, Finland, New Zealand, Norway, Poland, Puerto Rico, Spain, Sweden, United Arab Emirates, the United States and throughout North America.
About Nu Flow
Nu Flow manufactures, distributes and installs innovative green technologies for the restoration of drinking water pipes, sewer drain and sanitary lines, lead service piping, HVAC, mechanical systems such as chiller and heating lines, fire suppression systems, and pool lines and offers multiple water filtration products from a single source. Pipe rehabilitation applications domestically and internationally include commercial and domestic multi-story structures, industrial and government facilities, hospitality and medical facilities, oilrigs, maritime vessels and underground utilities. For more information visit, www.nuflowtech.com.
