- ASCK projects future revenues of $45 million from 300 homes per year at a 20 percent margin from its Goldendale, Washington facility; it will initially produce materials for 100 homes annually
- CEO John Sprovieri said that the firm’s planned facility in Ontario, Canada, could export materials for homes in the Northeastern U.S.; new facility in Cuba is possible
- ASCK manufactures proprietary lightweight and energy efficient hybrid wall and roof panels for on-site construction by contractors/developers
Auscrete Corp. (OTC: ASCK) is planning to begin production by year-end from its flagship facility in Goldendale, Washington. When completed, the site is expected to have capacity for 300 homes that could generate annual revenues of $45 million at a projected margin of 20 percent for the company, as Sprovieri noted in an audio interview with NetworkNewsWire (http://nnw.fm/bBU9x).
Sprovieri said that he expects ASCK to be in production at its Goldendale facility by the end of this calendar year, with the plant boasting initial annual capacity of about 100 homes. Later, the company plans to…
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