Hollund Industrial Marine Inc : North Cal Buys Hardwood Harvested Underwater

Hollund Industrial Marine Inc. (Blaine, Washington), an underwater forest management company, has secured upwards of $1 million in purchase orders for its underwater harvested tropical hardwoods. North Cal Wood Products of Ukiah, California, is among the companies placing purchase orders contributing to some of Hollund's first anticipated sales, in addition to those being secured or procured by Hollund's senior partner at Panama'sLake Bayano.

Purchase orders of Ipe, Cumaru, Tigerwood and Balsamo from North Cal coincide with the planned start up of underwater timber recovery operations at Bayano Lake in January.

Hollund expects to begin fulfillment of North Cal's order in the first quarter of 2014.

North Cal believes underwater harvested hardwoods will give them an advantage over their competitors, most of which use trees from forests on land.

With North Cal, Hollund says it will be able to penetrate lucrative green building markets in the U.S.

(c) 2014 Compass Publications, Inc.