| TEEL has been processing a variety of materials
on new equipment that makes corrugated tubing. Whereas we are currently in the developmental stage, we'll soon be seeking
customers in need of unique, made-to-order tubing using corrugated technology.
This technology has significant potential for a variety of industries. We already have a joint
venture agreement with an automotive parts manufacturer to manufacture and market both smooth and corrugated mono- and multi-layered tubing
to the automotive market. However, there are still opportunities for multi-layered, special raw materials or unique-shaped
corrugated tubing in other markets. |
