Asia Cork Gets U.S. Distribution Partner

Xian, China, Nov. 19, 2010 -- Asia Cork said it has signed a strategic agreement with Ferma Wood Flooring in the North American market.

Asia Cork and Ferma agreed to establish a new joint venture under the name of "Elegant Cork" in New Jersey. The main purpose of this new company is to sell cork products manufactured by Asia Cork, which will borne the brand name of "Elegant Cork" or "Green Cork" while utilizing the existing distribution channel resources of Ferma Wood Flooring.

"We have long planned to enter into North American and other developed countries' market to further utilize our cost advantage," Chen Peng Cheng, the CEO of Asia Cork said.