TIGARD, Ore., March 28, 2011 /PRNewswire/ -- Powin Corporation (OTC Bulletin Board: PWON), an Oregon-based OEM and direct manufacturer of outdoor cookware products, gun safes, fitness and recreational equipment, truck parts, plastic products, renewable energy products and furniture for some of America's most well known retailers, today announced that Ronald Horne, CFO, in an interview with analyst Francis Gaskins, said the Company expects further growth in 2011, including in the upcoming first quarter financial results.
The entire interview is available at: http://gaskinsco.com/pwon.mp3
Powin Corporation recently announced sales in 2010 totaled $48.4 million, up 31.2 percent compared to 2009. In the interview, Mr. Horne carefully details the Company's financial achievements in 2010.
Powin's CFO told Mr. Gaskins that progress with its Channel Partner Program, which allows U.S. manufacturers to introduce and distribute products into China's marketplace, and increased orders for truck parts, which are manufactured in America, will bolster the 2011 financial results. He said he is also bullish on the Company's production of renewable energy parts, again in the U.S., including a complete turnkey line of renewable energy products such as LED lighting and fixtures, wind turbines, solar panels and lithium batteries for storage and backup.
Mr. Horne also details in the interview Powin Corporation's genesis, history, where it manufactures and explains the product mix, which includes more than 2000 different products annually, and the Company's client base.
About Powin Corporation
Powin Corporation was founded in Tigard, Oregon in 1990 by Joseph Lu, a Chinese-American, and has grown into a large international distributor of more than 2,000 original equipment manufacturer products annually as well as being a direct manufacturer. It leases two plants in Oregon and contracts with six in Mainland China and two in Taiwan. It is in the process of registering a branch office in the Republic of South Africa and expanding manufacturing into Mexico. For more information please visit: www.Powin.com.
SOURCE Powin Corporation