Business
Earth Gen Biofuel Inc. prepares for 2020 by expanding housing production to meet increasing demand for our products.
Earth Gen Biofuel Inc. prepares for 2020 by expanding housing production to meet increasing demand for our products..
About this update from Earth Gen-biofuel, Inc.
[{"type":"text","content":"\n Las Vegas, NV, March 11, 2020 (GLOBE NEWSWIRE) -- Earth Gen-BioFuel Inc. (OTC:EGBB) announces that it is continuing to expand operations and production capability at our manufacturing facilities in Oregon and New York. Mr. Robert Hayes, President & CEO stated, “2019 was a major turning point for our Company. By year-end we built the necessary infrastructure and administrative support for our expansion in 2020 and beyond. Our manufactured home production facility opened in Salem, Oregon and our MicroHab facility opened in temporary facilities in the Albany area of New York that it shares with our product innovation division AugMat Inc. We have now assembled an exceptional team of 40 people, which includes our executives, support staff, and our manufacturing managers with 15 to 25 years and more in the industry who are managing a very talent construction work force”. 2020’s expansion plans are based on the progress the Company made in the fourth quarter of 2019 and in the early months of this year. The company now markets its manufactured housing products under the name Quantum Housing Systems Inc., which includes homes produced by International Housing Concepts Inc. and MicroHab Inc. The new marketing name reflects our focus on “System Designed” manufactured housing. International Housing Concepts Inc. manufactures homes that qualify as Park Model homes. MicroHab Inc. manufactures uniquely designed smaller homes built to meet the needs of a diverse group of markets. Our marketing program is now targeting tiny home dealers, real estate developers and RV park owners wanting to convert their property into communities of long-term homeowners. The Company is planning to accommodate small sized modular construction capability by integrating these new designs into its 70,000 square foot Salem, Oregon facility which is designed to manufacture up to 40 homes a month. Plans are underway to expand our Salem facility by 50%. Operating staff has benefited from additions to accounting and planning capabilities with the addition of an SEC qualified independent auditor that has begun work on preparing the company to file required financial disclosure with OTC markets as well as prepare the required filings by the Securities and Exchange filing requirements. In the fourth quarter of 2019 the MicroHab Inc. subs...