EcoScape for housing projects in Antigua & Barbuda

April 30, 2012 - United States Of America

Innovative Composites International Inc (ICI), a producer of patented protected composite products targeting the multi-billion dollar prefabricated modular housing and transportation markets, announced an agreement with MSP Property Management & Development Company (“MSP”), a company based out of Antigua & Barbuda, to supply EcoScape modular homes for a housing project in Antigua. Manufacturing of Phase I, consisting of 30 homes, will begin in May 2012 at the newly commissioned facility in Orangeburg, South Carolina.

“This agreement is the culmination of building deep working relationships over the past year, which has the potential to expand to over 150 homes,” said Terry Ball, President and CEO of ICI. “The homes built to supply Phase I will be manufactured from our recently commissioned flagship facility in South Carolina. We are proud to have been chosen to supply our quality modular homes to help address the need for affordable housing in the Antiguan market.”

The EcoScape homes to be manufactured are based on a model home shipped to Antigua late last year with variations requested by MSP. The homes are designed to be hurricane and earthquake resistant, as well as rot, mould and insect resistant. The speed of assembly, energy efficiency, quality and an attractive price point contributes to the selection of EcoScape homes for this project. ICI will ship pre-finished complete home kits to Antigua, which will be assembled on site by local labour.

“The solid engineering, quickness in which a home can be erected and quality of the finished material differentiates the EcoScape homes from other products in the market,” said Joseph Pinder, CEO & Director of Operations of MSP. “The flexibility in floor plans and pre-installed finishes, gives us an opportunity in offering varying configurations of construction at a very reasonable cost.”

Located in St. John’s, Antigua MSP is a full service property management and development company servicing Antigua and the Eastern Caribbean.

Headquartered in Toronto, Canada, Innovative Composite International Inc is a high-tech engineering and manufacturing company that is successfully commercializing a patent protected line of state-of-the-art composite products targeted at the multi-billion dollar transportation and prefabricated modular housing markets.