Business
Transfer Technology International Corp. Targets Multi-Billion Dollar Market
Transfer Technology International Corp. Targets Multi-Billion Dollar Market.
About this update from Enviro-serv, Inc.
[{"type":"text","content":"\n\n\n\n\n\n\n\nTransfer Technology International Corp. Targets Multi-Billion Dollar Market\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nTransfer Technology International Corp. Targets Multi-Billion Dollar Market\n\nLandscaping services market in the US is expected to reach US $80.06 billion by 2015\n\nPR Newswire\n\nTAMPA, Fla., April 4, 2013\n\n\n\n\n\n\n\nTAMPA, Fla., April 4, 2013 /PRNewswire/ -- Transfer Technology International Corp. (OTC Pink: TTIN) reported today that it is poised to capitalize on the multi-billion dollar lawn and landscaping market. The Company recently announced signing a letter of intent to acquire its first lawn and landscaping services company. \n\n\nThe size of the industry is vast and continues to expand as the demand for these services continues to escalate amongst residential customers. Statistics from the July 2012 IBIS World market report show that the green industry has annual revenues of $61 billion, employs 899,958 people and represents 416,991 businesses. According to the Global Industry Analysts Report \"the landscaping services market in the US is expected to recover and poised to reach US $80.06 billion by 2015.\" \n\n\nThe state of the industry is driven primarily by the demand for residential services. In the Lawn and Landscape State of the Industry 2012 survey respondents had business lines as follows: 63% single family residential, 25% commercial/industrial, 7% multi-family, and 4% governmental. The survey showed that the fastest growing business lines in 2012 were: mowing and maintenance (37%), design build (19%), and lawn care (16%).\n\n\n\"As the economy recovers we are seeing a growth in the real estate market. Construction activity is reviving which has a direct impact on landscaping services. We believe this is an opportune time to acquire a foothold in this highly profitable and fragmented market. Our pending name change to Enviro-Serv speaks to our strategy to build a portfolio of property maintenance services companies which will allow us to lever...