Archive for December, 2011

Governor Kitzhaber Praises NAT

As momentum builds for NAT in Oregon, Governor John Kitzhaber mentioned the company in his annual address at the Oregon Leadership Summit on Monday, December 12. From the speech:

“Finally, we must develop strategies to identify and replace imports from external suppliers with market-competitive, Oregon-made products – thus enhancing Oregon’s ‘cluster’ strategy by connecting cluster supply chains to Oregon-based firms and innovations.

One example is Naturally Advanced Technologies. With seed capital from Oregon’s Meriwether Group, they are unlocking the potential of sustainable biomass resources, turning flax into fibers for business giants like Hanes, Levis and Georgia Pacific. And with their recent [addition of a U.S. subsidiary in] Lake Oswego, they intend to work with Oregon farmers to plant flax in the Willamette Valley for their new organic super fiber.”

For the Governor’s full speech, visit here.

14/12/2011 at 12:42 pm Leave a comment

NAT Attends 71st Annual Oregon Seed Growers’ Convention

Naturally Advanced Technologies headed to Salem, Oregon this Monday and Tuesday to attend the 71st Annual Oregon Seed Growers’ Convention.  NAT CEO Ken Barker was one of the guest speakers on Monday, where he introduced CRAiLAR and its promising technology, focusing on the company’s impressive list of partnering companies like Hanes, Georgia-Pacific, Levi’s, and Target.   By Tuesday morning, a steady flow of growers intently listened as Jay Nalbach, CMO and Ryan Leverenz, Head of Global PR, fielded questions and introduced the CRAiLAR process.

As demand grows from partner companies, supply remains a high priority for NAT.  The Willamette Valley’s history of flax farming, which was a critical industry in the area during the 1930’s to 1950’s, makes it a prime candidate region.  NAT will continue to engage growers in the area and work to diligently answer both agronomic and economic questions with a goal to plant significant acreage in the area by Q2 2012.  The company is planning its next grower information event for January, where it will provide a thorough Q&A for interested growers.  More than 50 farms have expressed interest since the company made its first foray into the region in late-September.

09/12/2011 at 1:54 pm Leave a comment

The Oregonian; NAT officials say their fiber could change apparel production

Ken Barker hands over a piece of cardboard with fabric swatches attached.

Barker is delivering his feel test, challenging his subject to detect the difference between cotton-only pieces and those with a combination of cotton and “Crailar,” a fiber derived from flax stalks.

Barker, chief executive of Naturally Advanced Technologies Inc., the makers of Crailar, has touted the fiber’s benefits to provide protection against volatile cotton prices. Crailer also has a much smaller ecological footprint than cotton’s, his company’s research shows.

And Oregon — from the company’s Lake Oswego-based managers to Willamette Valley farmers — are expected to play a key role in growing Crailar from seedling concept to harvested game-changer.

Barker has convinced the likes of Target Corp., Levi Strauss & Co., HanesBrands and Carhartt that Crailar could make a difference in production of fabrics and apparel.

Crailar has partnered with those companies and others to produce or test Crailar for a variety of products. Naturally Advanced announced Thursday that Target has entered a development and supply agreement to evaluate Crailar in the retailer’s domestic textiles category such as table linens, window treatments and towels.  To read the full story click here.

02/12/2011 at 10:48 am Leave a comment

Target & NAT Sign Two Year Agreement

This morning, Naturally Advanced Technologies announced it has signed an exclusive deal with national retail giant Target.  Target and its vendors will be working with CRAiLAR Flax fiber to evaluate its uses in a number of domestic textile categories including sheets, top of bed, shower curtains, window treatments, table linens, decorative pillows, towels and more.

Ken Barker, CEO of Naturally Advanced Technologies, commented on the partnership agreement, which begins December 1, 2011, “Target represents a best-in-class partner for CRAiLAR in the domestic textiles category. Also the fiber’s performance in moisture management, shrinkage reduction, and dye chemical savings is in line with Target’s sustainability efforts.”

Target’s commitment to environmental sustainability is a focused effort in its Here for Good campaign.  With an entire website dedicated to the far reaching initiative, Target focuses on improving communities, health, education and the environment.

01/12/2011 at 11:55 am 1 comment

NAT hosts Corporate Update Call

This afternoon, Naturally Advanced Technologies will be hosting a corporate update at 1:30 pm PDT, 4:30 PM EDT.  A verbal presentation on recent corporate developments will be followed by a question and answer session led by Chief Executive Officer, Ken Barker.    Participants may join the call via telephone by dialing 888-312-3047, or 719-457-1529 for international callers at least 5-10 minutes before the presentation start time.  A webcast will also be featured on the company website’s investor page.

01/12/2011 at 10:47 am Leave a comment

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