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A Green Construction Alternative
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News this week that Alternative Construction Technologies of Florida has been selected as a main supplier to Modular Space Systems - a builder of modular buildings for a variety of governmental applications - is further evidence of the company's success in promoting its patented structural insulated panels [SIP].
A press release says that Modular Space Systems is to use the panels "as its only product of choice wherever structural insulated panel products are used," which effectively means around 80 per cent of business for Modular Space Systems.
According to Alternative Construction, its panels use
an inherently better galvanized steel "skin'' SIP system to complete energy efficient, stronger, safer, faster, and more economical structure than conventional wood and brick-based building products.
The patented ACTech(r) Panel is environmentally-friendly and easier to construct with -- not only saving labor cost and cutting construction time, but also reducing recurring monthly heating and cooling energy bills consistently by 30-50 per cent and often as much as 70 per cent.
Most importantly, the ACTech(r) Panel possesses disaster resistant strength and has tested stronger than conventional concrete block or wood frame construction.
...As this new construction technology gains awareness, or hurricane and tornado-prone states establish new building codes and rebuild from recent weather disasters, ACT believes its products will be in greater demand.
The latest supply agreement follows an exclusive supplier agreement with Florida builder Force 5 Structures.
Alternative Construction has recently been showing some excellent growth, with particular strength in supplying panels for school and commercial construction projects, and the company's prospects appear excellent.
In 2007 its sales jumped 50 per cent to $12.96 million, with an after-tax profit of $1.6 million, compared to a loss in 2006.
It is highly leveraged to the fast-growing green construction market, it is price competitive and it is working to expand internationally.
May 10th, 2008
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