" Exousia and NIG intend to form a joint venture to manufacture and market SIPs homes in China to supply the enormous demand for cost-effective, quick-build residential housing."
How many hundreds of millions of the new middle class are out there in China would like to own their own house? Unlike in the old days, where Westerners built homes with wooden frames, I assume a different material must be used because of the deforestation/environmental degradation of the earth. Seems like supplying the massive urbanization of Chinese consumers with our composite products make sense. They're also stronger, last longer and lighter so there's no apparent downside.
Although the initial ramp-up is modest (200), climbing to 2000 if targets are met, this looks promising. I'm assuming the company has plans for mass production in a short time frame; say 5 years??
Is this what the market was expecting with the recent Sp run-up??
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Chairman & CEO Wayne Rodrigue sheds light on Exousia's growth opportunities in Q3-Q4
