NetworkNewsBreaks – Auscrete Corp. (ASCK) Settin
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Posted On: 08/09/2018 5:37:12 PM
NetworkNewsBreaks – Auscrete Corp. (ASCK) Setting Up New Production Plant in Ontario with Canadian Investment Group
Auscrete (OTC: ASCK) recently announced that it will be setting up a production plant that is projected to manufacture building products for 300 houses annually. A recent article discussing the new plant reads: “Now, Auscrete is in the final stages of plans to set up a 75 percent company-owned production plant with a Canadian investment group. The Canadian group will take a 25 percent interest in the facility, which is to be located near London, Ontario. Spiro Sapounas of London, Ontario, leads the Canadian investment group. … This facility can address the need for affordable housing, both across Canada and in the northeastern United States, where the closest U.S. plant is in the Pacific Northwest. The project also has numerous aspects that may make it suitable for government financial involvement and assistance. Sapounas has met with state and federal governments regarding the facility’s eligibility in this regard.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Auscrete (OTC: ASCK) recently announced that it will be setting up a production plant that is projected to manufacture building products for 300 houses annually. A recent article discussing the new plant reads: “Now, Auscrete is in the final stages of plans to set up a 75 percent company-owned production plant with a Canadian investment group. The Canadian group will take a 25 percent interest in the facility, which is to be located near London, Ontario. Spiro Sapounas of London, Ontario, leads the Canadian investment group. … This facility can address the need for affordable housing, both across Canada and in the northeastern United States, where the closest U.S. plant is in the Pacific Northwest. The project also has numerous aspects that may make it suitable for government financial involvement and assistance. Sapounas has met with state and federal governments regarding the facility’s eligibility in this regard.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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