Fab-Form becomes Exclusive Distributor for Helix Micro Rebar

January 04, 2013 3:13 PM EST | Source: Fab-Form Industries Ltd.

Surrey, British Columbia--(Newsfile Corp. - January 4, 2013) - Fab-Form Industries Ltd. (TSX-V: FBF) is pleased to announce the signing of an exclusive distribution agreement with Polytorx, LLC, Ann Arbor Michigan, USA, manufacturer of Helix® micro rebar (www.helixfiber.com).

Polytorx has been manufacturing Helix® for twelve years and is meeting continued success throughout the USA. Helix® is a steel micro fiber which can replace conventional steel reinforcing in concrete.

Fab-Form has exclusive distribution rights of Helix in BC and to its customer base around North America.

“We’re pleased to become a distibutor for Helix®”, said Rick Fearn, President of Fab-Form. “This micro rebar provides real synergy with our ICF monopour system as the labour cost of installing conventional reinforcing is half of total installation labour. With Helix® we eliminate these labour costs completely.”

It is Fab-Form’s intention to first market Helix® to it’s existing customer base and then to the general reinforced concrete market. As the market in BC for steel reinforcing is over $300 million annually, this represents an excellent opportunity.

Fab-Form Industries Ltd. is an industrial technology company that develops and markets unique fabric forming systems and associated products for the concrete industry. Fab-Form’s patented systems offer significant cost and speed advantages compared to conventional wood-based forms.

On behalf of the Board of Directors

/s/ Richard Fearn                                   
Richard Fearn,
President and CEO

For further information, please contact:
Richard Fearn
President and CEO
Toll Free: 888-303-3278

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

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