Auscrete Corp. (ASCK) Eyes Year-End Production Launch, Future International Growth in Canada and Cuba
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…