Although Rubber Technology International is now well positioned in this industry to take advantage of the opportunities that are available both domestically and internationally, we believe continuing expansion of our place in the market is essential. Thus the Company is involved in an ongoing program to facilitate North American growth while actively pursuing markets in Europe and the Pacific Rim.
Rubber Technology International is continually developing customers for its existing products and is expanding its product line, through research and development, to include a significantly larger customer base. As the technology is developed, the product selection will expand by creating new products and replacing existing virgin rubber products in the marketplace. We currently market to industries that use products made from virgin (new) rubber, and we see this as a growth market.
The Company's newly expanded facility in Southern California uses new production methods for existing and new products as they are developed. It is our plan to duplicate our processing and production facility in appropriate geographical areas in the United States and internationally.