Neptune, NJ -- (ReleaseWire) -- 10/19/2016 --Sterling Consolidated Corp (OTCPK:STCC), the parent company of Sterling Seal & Supply Inc., a distributor of custom molded rubber components, o-rings, gaskets, and seals, is pleased to announce a new product called "Bungs" for wine and beer barrel manufacturers.
Sterling Seal & Supply bungs are made of FDA and medical grade certified synthetic silicone that can properly seal wine and beer barrels more efficiently. They are currently available in 14 standard sizes, with size 2 (1.6 cm bottom diameter and 1.9 cm top diameter) and size 3 (1.8 cm bottom diameter and 1.9 cm top diameter) fitting standard wine bottles.
The company's current line card for bungs not only features a variety of colors, but they can also be manufactured to the customer's specification including the ability to incorporate a logo at the top of the bung.
Sterling Seal & Supply will initially market their new product to wineries and vineyards, with an option of distributing to a big retail chain store in the future.
"We already have tremendous reception from some of the wineries," said Angelo DeRosa, Chairman of Sterling Consolidated. "We just started marketing and it seems to be a new product that's really going to take off for us."
About Sterling Consolidated Corp.
Sterling Consolidated Corp., through its wholly-owned subsidiary, Sterling Seal and Supply has been a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace for more than 40 years. Through a combination of leveraging its logistical expertise and sophisticated, experienced management, the company intends to be an active and strategic consolidator of small- and mid-sized businesses within the highly-fragmented, multi-billion dollar seal industry. Currently serving more than 3,000 customers, Sterling offers acquisition targets a unique growth opportunity and competitive advantage through logistical expertise, strong regional branding and industry-specific distribution centers.
Forward-looking Statements
This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Source: Sterling Consolidated Corp / UPTICK Newswire LLC
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