Toronto, Ontario, June 4--Paragon Polaris Strategies.com Inc., dba Icoworks, today announced that Icoworks, Inc.'s subsidiary, Icoworks Eastern Limited ("Icoworks"), has acquired the inventories of Madawaska Hardwood Flooring Inc. and anticipates liquidating the inventory for total gross sales of approximately C$2.5 million.
Icoworks will sell or liquidate the various prefinished, unfinished and raw materials to existing or new clients, and more information is available on its website, www.icoworks.com.
"Over the past few months Icoworks has had tremendous success operating RKM Wood Products' mill and selling or liquidating their wood products. The purchase of Madawaska's hardwood flooring inventory provides Icoworks with additional quality finished product that can be supplied to Icoworks' clients, as well as to Madawaska's clients. Additionally, Icoworks will be able to supply finished flooring goods to its warehouse sales outlets in Calgary and Oakville and will be able to offer these additional products to draw customers to its temporary retail locations in Kingston, Toronto, London and Winnipeg," stated Graham Douglas, President.
Icoworks, through its subsidiaries, offers a complete array of industrial, oilfield and commercial appraisal, liquidation and auction services. Every Icoworks auction or liquidation benefits from many years of experience in the industry, and a corresponding network of almost 200,000 proven purchasers.
