Flanders Corporation Announces a Supply Agreement With Lowe's
Market Wire, March, 2008
Flanders Corporation (NASDAQ: FLDR) announced today that it has entered into a material supply agreement with Lowe's. The award is the national supply of several price points of one-inch pleated and flat panel nestable air filters. Linda Hermann, Vice President of Retail Sales, Marketing and Strategic Sourcing, said, "This is an exciting time for our Company. The Retail Division is forecasted to achieve $110 million of sales in 2008 based on the current customer base forecasts. We are already seeing positive consumer response to our marketing. Full page magazine advertisements are published, strategic key market billboards are in place, and advertising during nationally televised sports events are secured. Our new line of Naturalaire products will be in retailers in 2008. We are also developing a new line of Arm & Hammer branded air filters."
For further information on Flanders and its products, visit its web site at http://www.flanderscorp.com or contact Robert Amerson at (252) 946-8081.
Contact: Robert Amerson Chief Executive Officer Flanders Corporation (252) 946-8081
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