|Kelso Technologies Inc. - KLS.t mandate is to be a reliable supplier of quality products in the railroad supply industry and roadway tank trailer markets.|
The revolutionary Kelso Klincher™ manway is garnering a great deal of attention in the rail tank car industry. This new single-bolt design replaces the current manway model that has been in use for nearly 100 years. It is faster, easier and safer for workers to use and yet its price point is virtually the same as the outdated models.
TKelso Technologies Inc. (TSX:KLS)(NYSE
MKT:KIQ) (“Kelso” or the “Company”) is pleased to announce that it has entered into a products distribution agreement with Metal Goods Manufacturing Company, Inc. (“MGM”), headquartered in Bartlesville, Oklahoma. MGM, established in 1938, designs and manufactures check valves, fittings, magnetic gauging devices and control valves used in the rail, pipeline and natural gas industries.
Buz McAbery, President of MGM, comments that, “MGM is very pleased to establish this close relationship with Kelso because Kelso is an experienced designer, manufacturer and marketer of AAR approved products with an established high quality brand in railroad. They understand the regulatory complexities associated with being a rail supplier. We look forward to growing with Kelso and working with them to identify additional innovativeproduct development opportunities.”
James R. Bond comments that, “We are very pleased with this arrangement with MGM. It is another key step in our strategic plans to grow our revenues and profits from additional product sales per tank car. Kelso’s objective is to provide the advantages of a one-stop-supply source to our customers streamlining and simplifying their equipment procurement processes. We recognize the high quality of MGM’s products and the value they provide to the tank car industry. Kelso will proudly market and develop their product lines in conjunction with our own.”
About Kelso Technologies
Kelso is a railway equipment supplier that designs, produces and sells proprietary tank car service equipment used in the safe handling and containment of hazardous materials during transport. Products are specifically designed to provide economic and operational advantages while reducing the potential effects of human error and environmental harm during the transport of hazardous materials. The Company is recognized as a reliable supplier of AAR approved railway equipment that addresses the regulatory concerns about railroad safety in North America.