Atlas Engineered Products Ltd (CVE:AEP) (OTCMKTS:APEUF) announced a supply and puchase deal with Gillfor Distribution Inc, which, it says, will generate significant market penetration and revenue growth for the group.
Gillfor is a leading independent wholesale distributor of building materials and will supply all of Atlas's Eastern Canadian operations with engineered wood products.
The deal includes competitive pricing, free bulk shipping, and technical and software support services, noted Atlas.
"This agreement secures and consolidates EWP supply across our eastern region and guarantees a reliable supply of quality products for our customers," said Dirk Maritz, Atlas Engineered's president and chief executive.
"We are excited to work with the Gillfor team to develop the full range of products required to be competitive in the modern wood construction market. This agreement has the potential to generate significant market penetration and revenue growth for AEP through our expanded basket of products and solutions for these markets."
Atlas, headquartered in Nanaimo, British Columbia, is acquiring and operating profitable, well-established businesses in Canada's roof truss and engineered wood products industry.
Last week, the group reported that experienced business development specialist and entrepreneur, Bill Gammel, had joined the executive team - as vice president (VP) of sales effective immediately.
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