Eco Building Products, Inc. announced it has entered into a letter of intent to establish a joint venture with Steelhead Structures. Under the terms of the Letter of Intent (LOI), the company and Steelhead will create a joint venture named Eco Red Shield Canada Ltd. (ERSC), which will be established as part of the company's emerging affiliate program. Definitive agreements are expected to be executed within 30 days.

Steelhead has paid a non-refundable deposit of $10,000 to the company pursuant to the terms of the LOI. ECRS intends to establish 3 coating facilities across Canada, including the provinces of Alberta, Ontario, and British Columbia, respectively. ECRS consists of four partners all with extensive construction industry experience and is expected to make an impact in the Canadian market.