Falken Industries Ltd. is a diversified industrial conglomerate that operates in chemicals, wet wipes and biodegradable technology. The company today announced an increase in second-quarter distributor revenues for its hand care product conceptions.
In the midst of a recession and unrelenting economic concerns, the company maintains its confidence for solid quarters in the future. Manuel Garcia, FLKIâ€™s communication officer, said the company anticipates continued significant growth, specifically for the third quarter.
â€œIn the second quarter of 2009, sales of the personal hand care group of products increased 27.7 percent and we are confident that global distribution will increase sales another 30 percent to 50 percent for the next quarter,” Garcia stated in the press release.
Because the majority of FLKIâ€™s product conceptions target the automotive aftermarket, the company said it has experienced minimal negative effects from the recession. Rather than spending money on new cars, people are tightening budgets and spending money on auto care and maintenance products, including cleaning products.
FLKI created the Clean Plus brand in 1997, and has positioned itself as a leading provider of such products. FLKI distributes its Clean Plus products throughout Europe, the Middle East, Canada and Australia, selling approximately 1.5 million wipes per day.