Facility Will Allow for Increased Manufacturing Production, More Inventory, and New Hires
Company Website:
https://www.originclear.com/water-on-demand
SHERMAN, Texas -- (Business Wire)
Progressive Water Treatment (PWT), a division of Water on Demand Inc., announces today that it has opened a new 21,500-square-foot headquarters in Sherman, Texas. The facility features a light manufacturing facility for water treatment equipment, a warehouse to expand in-stock filtration & pump inventory, and provides more rapid delivery to its customers.
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Progressive Water Treatment (PWT), a division of Water on Demand Inc., announces today that it has opened a new 21,500-square-foot headquarters in Sherman, Texas. “Progressive Water Treatment has been growing its footprint in Texas for 25 years now, and we’re eager to continue that success with a new, state-of-the-art facility in Sherman,” said Tom Marchesello, Chief Operating Officer of OriginClear. “We are thrilled to have headquarters which will allow us to respond even more rapidly to customer demand and ramp up our production in a safe and sustainable way. We are also delighted to join the bustling technology community in the North Dallas area.” (Graphic: OriginClear)
The Grand Opening ceremony will be held on Tuesday, October 8, from 2 to 4 p.m. at 5225 W Houston, Sherman, TX 75092. The event will include a ribbon-cutting ceremony by the Mayor of Sherman, David Plyler. Riggs Eckelberry, Co-Founder and CEO of OriginClear, plans to join the Mayor of Sherman, PWT President Marc Stevens, and PWT President of Sales Mike Jenkins, for the ribbon-cutting.
“Progressive Water Treatment has been growing its footprint in Texas for 25 years now, and we’re eager to continue that success with a new, state-of-the-art facility in Sherman,” said Tom Marchesello, Chief Operating Officer of OriginClear. “We are thrilled to have headquarters which will allow us to respond even more rapidly to customer demand and ramp up our production in a safe and sustainable way. We are also delighted to join the bustling technology community in the North Dallas area.”
The company’s new facility will feature two lines for manufacturing as opposed to one, along with a more open floor plan and improved logistics. The company currently has 25 employees and will be actively hiring ten additional staff members to fill open roles, including skilled workers, engineers, a design draftsman, a salesman, a PLC (Programmable Logic Controller) & controls software technician, mechanical technicians, and welders.
“We chose to move the PWT location to Sherman because of what the area has to offer. It is one of the most sought-after locations for industrial manufacturing and also has access to major trucking routes, rail systems, and air freight,” said Riggs Eckelberry, CEO of OriginClear. “We look forward to providing world-class services to our local customers, and specifically to those within a three-hour drive, who will now be able to request next-day delivery.”
PWT employees will now thrive in an exemplary working environment, better school systems for their children, and an overall more favorable location. To learn more, visit https://www.progressivewater.com/.
About Progressive Water Treatment and Water on Demand Inc
Once a government monopoly, clean water is going private. Local industries and communities are now treating and recycling their own water, helping to reduce the burden on municipal systems and save on fast-rising water rates while also responding to the challenge of climate change. That’s good for business and good for sustainability. Now, the innovative fintech, Water On Demand™, is enabling clean water to become an investable asset, open to main street investors, with the potential for generational royalties. In 2023, OriginClear contributed its Modular Water Systems division to give Water On Demand the downsized technology that businesses need for on-site water treatment and recycling. Later in 2023, OriginClear contributed Progressive Water Treatment, a 25-year veteran engineered solutions subsidiary based in McKinney, Texas, adding the ability to execute on larger and more prestigious installations.
No Offer or Solicitation
This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.
About OriginClear
OriginClear® is the Clean Water Innovation Hub™, dedicated to launching new ventures such as Water On Demand™ and Modular Water Systems™ – a leader in onsite, prefabricated systems made with sophisticated materials that can last decades. Another OriginClear subsidiary acquired in 2015, Progressive Water Treatment, helped achieve a company-wide increase of 250% in revenues from 2021 to 2022, and has now merged with Water On Demand and Modular Water Systems in a combination known as Water On Demand Inc., intended to create better enterprise value for a potential merger. Tune in on OriginClear's Legends of Water monthly broadcast by signing up at www.originclear.com/ceo.
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Safe Harbor Statement
Matters discussed in this release contain forward-looking statements. When used in this release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect,” “plans” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein.
These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization, and if or when the Company will receive and/or fulfill its obligations under any purchaser orders. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason except as may be required under applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240910819993/en/
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Source: Water on Demand Inc.
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