NetworkNewsBreaks – Auscrete Corp. (ASCK) Advanc
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Posted On: 08/30/2018 5:17:55 PM
NetworkNewsBreaks – Auscrete Corp. (ASCK) Advancing Company Initiatives
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.”
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) 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.”
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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