The products, mostly sold to industrial and commercial cleaning contractors, are being used in major fast-food restaurants, discount stores and hospitals in the United States and Canada, said Green Dolphin cofounder and vice president Max LaBrooy of Powell.
"Everybody's taken a beating in the last few months, including us," said LaBrooy
predicted the stock would rally with the upcoming announcement of major new contracts, now pending.
Government and private concerns about buildings contaminated by mold and other toxins bodes well for the company's future, he
"With the rise in asthma, chronic bronchitis and other respiratory diseases, the government has been forced to address the issue of making buildings contaminant-free.One of the important outgrowths of this concern is the emphasis on not allowing the use of hazardous, volatile organic compounds to clean contaminants because, in effect, it's replacing one problem with another," he
said."This creates a perfect opportunity for environmentally friendly products that can get the job done safely and cost-effectively."
In addition to removing mold and mildew, LaBrooy
said Green Dolphin
has products for cleaning everything from greasy restaurant hoods to floors, textured and tile ceilings, concrete and wood decks, and it has recently signed contracts for laundry products. Green Dolphin
also makes a slip-prevention coating for application to ceramics, marble and granite, helping companies comply with the American Disabilities Act. Green Dolphin Systems
was formed in 1999 when LaBrooy's industrial cleaning company, MSD Enterprises
, was merged with Penta-Deltex Enterprises
in Canada with the goal of going public.Nick Plessas of Toronto is Green Dolphin's president, but LaBrooy manages the company's Powell headquarters and operations.
A native of Sri Lanka (formerly Ceylon), LaBrooy
came to the United States in the 1980s to study at the University of Maryland
and play semi-pro soccer for the Baltimore Comets.After college, he joined the International Ceiling and Wall Cleaning Co. in Florida, owned by the late Bruce Larson.LaBrooy
was with the company for 14 years, the last nine as president.In 1994 he
relocated it from Florida to Alcoa, here in East Tennessee. In 1997 LaBrooy decided to go into business for himself, forming MSD Enterprises.
"We hired a retired chemist from Shell Oil Co.
to develop a safer, environmentally friendly cleaning product," LaBrooy
also developed equipment to apply the water-based enzyme cleaner, which is heated before being atomized or misted onto porous tile or textured ceilings.
The enzymes cause grease and grime to bead and evaporate without scrubbing, which would damage the surface of the wall or ceiling.
Nonporous surfaces, such as metal and plastic, have to be wiped to remove the soil, but exterior concrete surfaces, such as stucco, and wood decks, are hosed down after the application of Green Dolphin's
cleaning products, LaBrooy
Company demonstrations show wood and concrete turning from near black to pristine and brown, sticky, grease-coated fry hoods in restaurants returning to silvery stainless steel with no scrubbing required.
The chemicals produced by Green Dolphin
are so safe they can be disposed of in the sewer system with no harm to the environment, and exterior cleaning will not harm landscaping as do many products, he
"Many people believe that profitable business practices are at odds with environmentally friendly products," LaBrooy