GOLDENDALE, Wash., Feb. 15, 2018 (GLOBE NEWSWIRE) -- Auscrete Corporation (OTC:ASCK) today re-announced finalization of the purchase of their land in Goldendale, WA as of last Thursday and are moving forward with preparations to construct their manufacturing campus. The Industrial land parcel comprises of 5 acres, about the equivalent of 4 football fields, and Auscrete has also taken an option on the adjacent 5 acres to be developed within the following year.
Company President, John Sprovieri stated that the company is already in the final design stages of the property layout and will start breaking ground as soon as the necessary permits and approvals are obtained. The company has engineers on site right now developing the site plan and as the property is pre-prepared Industrial Estate land, it is already level and compacted enabling a quick launch of construction.
Stage one will be the construction of a 25,000 sq. ft. production facility building that will contain the specialized concrete preparation equipment along with the casting tables, cement storage silo and conveyor systems. This building is slated to commence production by late summer to fall.
As production of housing building products commences, Auscrete will have already started construction of the other buildings for stage one being a 15,000 sq. ft. raw materials supply building with fabrication and machine shop, paint and powder coat facility and maintenance shop. Additional buildings are the 5,500 sq. ft. office complex and 10,000 sq. ft. inventory store. Sand preparation facilities will be at the back of the property.
To view the Artist’s impressions of the completed campus on the Goldendale Industrial Estate, please click here: https://upticknewswire.com/asck-auscrete-corporation-outlines-new-land-asset-view-near-future
Once production commences, there is capacity to produce building products for 100 homes per year. This relates to the engagement of over 50 employees which also means there will be probably an additional 10-15 persons supported in service industries. With the company revenues approaching $15 million per annum, local wage-earners will put over $2 million per year back into the local economy. There will also be considerable funds spent with local suppliers and the whole project should give a significant boost to the local area economy.
Stage 2 of the development is the construction of 2 additional production buildings that will give Auscrete the added capabilities to produce 300 homes per year and corresponding employment of around 150 persons putting nearly $7 million into the local economy.
To view the typical design of the Company’s Affordable Housing, please click here: https://upticknewswire.com/asck-auscrete-corporation-outlines-new-land-asset-view-near-future
Mr. Sprovieri added, “Auscrete is a public company listed on the OTC share market. We are financing this construction with the assistance of a Professional Investment Corporation, not dilutive notes. Auscrete is a virtually debt free company and all funds acquired from Investors are used in the performance of this construction project and future operations”.
About Auscrete Corporation
Auscrete Corporation (OTC:ASCK) is a building products manufacturer and constructer of “GREEN” energy efficient housing and commercial structures built from Auscrete developed lightweight hybrid concrete/insulation wall and roof panels. Structures built of this medium have very low maintenance and, being concrete, are highly resistant to insects and mold. They have considerable mass and are highly resistant to hurricane forces and earth tremors. They will not catch fire and burn. Auscrete has established their Flagship Facility in Goldendale, WA.
Safe Harbor Statement:
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the sales of the company’s identity protection software products into various channels and market sectors, the issuance of the company’s pending patent application, and the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
Contact
Lee Odom
VP of Business Development
Director of Investor Relations
Email: Lee@auscretehomes.com
Phone: 305 853 8404
Website: www.auscretehomes.com
Source: Uptick Newswire