Luxor Receives National Building Code of Canada Approval for IBS3000(TM) Its Next Generation of Engineered Bridging
2011年5月6日 - 10:00PM
Luxor Industrial Corporation (Pink Sheets:LXRRF) (TSX–V:LRL) is
pleased to announce that it has received Evaluation Report #
12694-R from the Canadian Construction Materials Centre (CCMC) for
its IBS3000™. This Report constitutes National Building Code of
Canada (NBCC) approval. The Company has submitted a patent
application for IBS3000™ and will launch product sales during the
month of May.
The strength values for IBS3000™ are slightly lower than for IBS
2000® but IBS3000™ is substantially less expensive, providing
significant potential for sales. Initial comments from the industry
are encouraging. Luxor's Canadian distributor, CanWelBroadLeaf™,
advises that IBS3000™ should be well received by builders and
specifiers. Luxor's U.S. distributor, "We're excited about being a
part of this product line. This product is going to make its place
into Home Building because all Builders are looking for new ways of
increasing performance while lowering brick and mortar costs in
their houses," says Steve Conboy, President/CEO of Eco Building
Products.
Luxor's proprietary floor spans, approved in the Evaluation
Report, will provide significant savings to builders. Using
IBS3000™, builders can cost effectively increase floor spans beyond
NBCC spans and save money with cost effective design solutions
while achieving stiff and rigid floors.
Builders will be able to use IBS3000™ in place of conventional
bridging at a slight increase in cost, but will gain in
installation costs and achieve a much more solid floor.
Earlier, Luxor advised that it anticipated significant sales
growth in 2011 based on progress made with new product lines during
2010. The Company is experiencing this growth and has leased an
additional 1.1 acres of land and optioned 1.5 acres from the city
of Abbotsford. In December 2010, Luxor reported it had leased an
additional 20,000 square feet of paved storage land to handle the
increase in wood processing and had built steel racks to store
engineered wood products up to 60 feet in length.
The Company will keep shareholders advised of further
developments.
About Luxor Industrial Corporation
Luxor manufactures and markets its patented IBS 2000® and patent
pending IBS3000™ engineered bridging. Both enable a floor to act as
a system with unparalleled scale of gain in stiffness and rigidity.
Luxor has spent years analyzing wood-frame floor construction,
establishing itself as a leading authority in wood floor
performance engineering.
Luxor also manufactures other building components, architectural
and utility wood products including specialty products for the
natural resource sector. It distributes laminated beams and offers
various custom wood cutting services. Luxor offers coating
services, which protect wood against mold, decay, and insects and
provide fire protection.
The TSX Venture Exchange has neither approved nor
disapproved this announcement
CONTACT: Luxor Industrial Corporation
Terry Lashman
(800) 665-2454
(604) 684-7929
John Taylor
(877) 496-4355
(604) 864-9601
www.luxorcorp.com
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