On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Auscrete Corp. (ASCK) Discusses New Initiatives and California Wildfires

  • Auscrete’s lightweight hybrid concrete/insulation wall and roof panels, offer unmatched building options that are both economical and environmentally friendly
  • The company is progressing with its new production facilities
  • Auscrete building materials offer a unique hedge against the destructive forces of fires

Auscrete Corp. (OTC: ASCK), operating out of Washington State, focuses on making affordable, technology driven and eco-friendly housing. The company constructs energy efficient housing and commercial structures built from Auscrete-developed lightweight hybrid concrete/insulation wall and roof panels.

In a recent interview, Auscrete Chief Executive Officer John Sprovieri and former Auscrete team member Jacki Wentz discussed company initiatives, as well as the fires raging in the State of California. Sprovieri discussed the company’s head office facility in Goldendale, Washington (http://nnw.fm/o0RL0). The expectation is that the company’s new facility will be in full production by the end of 2018 and will enable Auscrete to construct up to 100 homes annually. Furthermore, two additional production centers are planned, giving Auscrete the potential to build 300 homes per year out of the Goldendale, Washington, site.

The construction of 300 homes annually would bring in approximately $45 million in revenue to the company. Sprovieri noted that this would produce a profit margin of roughly 20 percent. In addition, he noted that Auscrete has its Canadian initiative, with plans to set up a 75 percent company-owned production plant with a Canadian investment group. He mentioned the enormous need for affordable housing in Canada. The company’s southern Ontario facility would be similar to its facility in Goldendale, Washington. Auscrete’s Canadian initiative would also help the company tap into the northeast U.S. market from southern Ontario. Auscrete doesn’t have a plant in the northeastern U.S.

Regarding the California wildfires, they’re wreaking havoc on housing in different areas of the state (http://nnw.fm/2drUt). Wentz lives in Redding, California, and she noted that, as of August 8, more than 1,000 homes have been lost in her region. Upon witnessing this destruction, she believes that the idea of a concrete home, allowing one to build a home out of something that sturdy and strong, is a “wonderful idea.” Structures constructed from the Auscrete building materials are low maintenance and will not catch fire and burn. Moreover, they’re highly resistant to hurricane forces and earth tremors, as well as insects and mold.

Wentz is considering returning to Auscrete and being on the ground floor of the company’s entry into California. There’s a great need for Auscrete homes, as evidenced by the destruction in her region. She’s excited about possibly heading up an additional office in California once Auscrete commences production in a few months.

What does she see as a primary advantage of the company’s technology? Safer homes. Auscrete is taking the initiative to provide affordable, energy efficient housing and commercial structures that are safe and capable of withstanding the destructive forces of wildfires.

For more information, visit the company’s website at www.AuscreteHomes.com

More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.networknewswire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Archives

Select A Month

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217