SOURCE: American Fiber Green Products, Inc.

December 13, 2010 09:15 ET

American Fiber Green Products, Inc. Explores Multiple Collection Sites

TAMPA, FL--(Marketwire - December 13, 2010) - American Fiber Green Products, Inc. (OTCBB: AFBG) -- The Company spokesman today revealed plans to open multiple fiberglass recycling collection points around the continental U S.

AFBG Chairman Kenneth McCleave announced today that negotiations have opened on several different fronts to open strategically placed fiberglass recycling facilities in preparation for fully operational manufacturing facilities in 2011 and 2012. According to McCleave, these facilities will receive waste fiberglass and resin from manufacturers and waste facilities all around the country for fees. It will then be broken into manageable pieces to be used in the patented Amour process and processor to create new recycled products.

McCleave stated, "Our CEO and President, Dan Hefner, has been at point to locate these sites. Currently sites are being considered in California, Washington, Utah, Kansas, Florida, Pennsylvania and Georgia. Additional sites are being considered for Michigan, Illinois, Tennessee, Mississippi and Texas."

Hefner commented, "Since our last President's Letter, we have been actively seeking adequate funding to allow a major push in 2011 toward establishing our network of fiberglass recycling facilities. The first step in doing so is identifying locations of sufficient waste production whereby the tipping fees generated will produce adequate cash flow to make the operations profitable in anticipation of the actual production facility. We are considering purchases, leases, joint ventures and state economic development opportunities. We will accelerate our discussions following the holidays."

Hefner stated that he sees the coming year as the appointed time for the exclusive fiberglass ability of American Fiber Green Products, Inc. subsidiary, Amour Fiber Core, Inc. to make strides to fulfill its business model of removing fiberglass from landfill destinations to recycling into environmentally friendly replacement for pressure treated wood, concrete and even steel in many applications. He further remarked that every job created will be a new job creation since no similar operation is in existence.

American Fiber Green Products, Inc. trades Over the Counter under the symbol AFBG. The company maintains a website at www.americanfibergreenproducts.com.

AFBG has a Strategic Partner in American Commerce Solutions, Inc. which also trade Over the Counter under the symbol, AACS. The Company maintains a website at www.aacssymbol.com  

Under the Safe Harbor rules consider the following: Any portion of this presentation that is not historical in nature is subject to change due to any number of factors that are not under the control of the Company or its officers. As such, anyone reading this presentation should consider the possibility that material differences from the information presented may occur and should be verified before any consideration to invest.

Contact Information

  • Contact:
    Daniel Hefner
    8132449843