Truxmart Announces First Private Label Order
TORONTO, ON — (Marketwired) — 01/05/16 — Truxmart Tonneau Covers, Inc. (Truxmart), a wholly owned subsidiary of Franchise Holdings International (OTCQB: FNHI), is pleased to announce that has received its first purchase order for its new private label program strategy announced last month.
Truxmart’s first order for the private label strategy comes from a distributor in Latin America.
“After having the best year in our company’s history, we are starting of 2016 right where we left off,” said Steven Rossi, President of Truxmart. “Receiving this order is a terrific way to start the New Year and a signal for a promising year ahead for our company,” continued Mr. Rossi.
Truxmart’s private label strategy has created an additional revenue stream, building on the foundation created over the last year. The company has shown consistent growth since its inception and expects to continue its rapid growth over the coming months.
Truxmart will continue to provide regular updates on the growth of the Company in the coming weeks and months.
For more information on Truxmart, please visit www.truxmartcovers.com
About Franchise Holdings International.
TruXmart, Franchise Holdings International’s wholly owned subsidiary, was founded in 2011 to take advantage of the limited innovation provided by existing tonneau cover manufacturers. Tonneau covers have remained much the same in price and design since 2005 with one main company controlling a majority of the tonneau cover market. This dynamic market segment is in need of a new innovative manufacturer of high quality, functional, and aggressively priced tonneau covers. TruXmart has developed multiple products for all of the most prominent pick up trucks available in North America. Details of most products can be found at www.truxmartcovers.com. TruXmart sells its products through master warehouse distributors, dealers, and online retailers in Canada and the U.S.
This document may contain forward-looking statements, relating to Franchise Holdings International Inc. operations or to the environment in which it operates, which are based on Franchise Holdings International Inc. operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond Franchise Holdings Internationals Inc. control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. Franchise Holdings International Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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Source: Franchise Holdings International, Inc.
Released January 5, 2016