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Micron Waste Technologies says Covid Technologies subsidiary to start making face masks in fight against coronavirus

Starting in June, the much-needed personal protection equipment will be made at Covid Technologies’ facility in Delta, British Columbia 

Micron Waste Technologies Inc. - Micron Waste Technologies’ wholly owned subsidiary Covid Technologies Inc preparing to start manufacturing face masks to prevent the spread of the coronavirus (COVID-19)
Micron Waste also said it will continue research and development of its waste digester business

Micron Waste Technologies (CSE:MWM) (OTCQB:MICWF) said Tuesday that its wholly-owned subsidiary Covid Technologies Inc is preparing to start manufacturing face masks to prevent the spread of the coronavirus (COVID-19).

The group said Covid Technologies plans to deliver high-quality vapour barrier technology (masks, protective garments) to protect against biological hazards, pathogens, and superbugs The much-needed personal protection equipment (PPE) will be made at Covid Technologies’ facility in Delta, British Columbia. 

WATCH: Covid Technologies looking for large growth after being acquired by Micron Waste Technology

The company has ordered mask-making equipment, including the purchase from Asia of an FLK120 surgical mask making machine and over 5 tonnes of raw material for mask production. All items have been pre-paid and are en route for delivery to the Delta facility for early June.

Vancouver-based Micron Waste said its subsidiary paid for the equipment from existing working capital and has approximately $2.5 million additional cash and manufacturing assets to deploy towards mask making.

After securing an interim Medical Device Licence from the Canadian government, the subsidiary will also begin producing next month Class 1 Protective 3ply Surgical masks equipment.

It also plans to manufacture N95 Respirators and is awaiting a licence from the National Institute for Occupational Safety and Health to be able to begin production

Micron Waste said it will continue its research and development of its waste digester business - which is focused on the cannabis and food industries - alongside its PPE manufacturing business as the company anticipates increasing demand “will transcend the current need arising from the pandemic and will become a requirement of the ‘new normal’."

Contact the author: patrick@proactiveinvestors.com

Follow him on Twitter @PatrickMGraham

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OTCQB:MICWF
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