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An even more ambitious project would be the establishing or investing in a Production Facility within the Caribbean. Currently, all of the Building System's products for the Caribbean and Latin America are manufactured at the factory in Brisbane, Australia. Components are shipped by container at an added cost of US$4.75-$5.25 per square foot. As interest in the Engineered Building System grows, the orders coming from the Caribbean and Latin American will support a factory in this region.

There is a new production facility in Abu Dubai, United Arab Emirates that is producing housing for the Middle East. China has sent a crew to Australia to learn the production process and Malaysia is considering building a facility. A dealer has recently built 36 housing units for handicapped seniors in South Carolina and there is a commitment for a production facility there.

A production facility in the Caribbean would help reduce the costs for the building component packages locally, as well as provide the host country with an export product for Latin America, the Caribbean and the U.S.A. The market for this products has been increasing throughout the Caribbean and U.S.A. since it's regional introduction in 1992. The islands of St. John and St. Thomas in the U.S. Virgin Islands as well as Aruba, D.W.I., Antigua and Montserrat, W.I. have purchased products from the Brisbane, Australia facility for several years.

We forecast that many other Caribbean islands will begin placing orders following the devastation of some islands by Hurricane Ivan, especially Grenada and Cayman Islands, thus increasing the market distribution and regional demand substantially.

Many nations in the Caribbean are ideal locations for this production facility for the following reasons:
a) Demand for affordable, attractive, hurricane resistant housing is increasing locally and regionally.
b) Proximity to raw material suppliers in U.S., Caribbean, Mexico and Latin America.
c) Educated labor force with a reasonable wage scale along with a positive investment climate.
d) Good shipping connections to the U.S., Caribbean, Latin America and Europe.
e) Caricom status with reduced import duties for goods shipped to Caribbean members.
f) Proposed regional trade agreements may reduce import duties to other nations.