Auscrete (OTC: ASCK) focuses on creating affordable, technology driven and eco-friendly housing. Auscrete CEO John Sprovieri and Jacki Wentz, a former team member, recently discussed company initiatives in a NetworkNewsWire audio interview. A recent article discussing the interview reads: “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.”
To view the full article, visit http://nnw.fm/6lmNV
About Auscrete Corporation
Auscrete Corporation is a building materials manufacturing company and constructor 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 needs 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 is planning to establish their Flagship Facility in Goldendale, WA. Follow all the updates regarding the launch of the flagship facility at www.AuscreteBlog.com.
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