Goldman Sachs FICC Revenue Falls 10% Amid Iran War Market Volatility 
Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent 
OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push 
Daikin Industries Stock Surges 14% After Elliott Investment Management Discloses Major Stake 
ASML Raises 2026 Revenue Outlook as AI Chip Demand Surges 
Elliott Investment Takes ~3% Stake in Daikin, Pushes for Buybacks and Strategic Overhaul 
Elon Musk's Terafab Foundry Courts Top Chipmaking Giants for AI Self-Sufficiency Push 
Samsung Races to Deliver Next-Gen HBM4E Memory Samples to Nvidia 
Japan Opens Arms Export Floodgates: New Policy Draws Global Defense Interest 
Sam Altman Moves to Dismiss Punitive Damages in Sister's Sexual Abuse Lawsuit 
Qantas Raises Fuel Cost Forecast Amid Middle East Oil Crisis 
Texas AG Investigates Lululemon Over "Forever Chemicals" in Activewear 
Amazon in Advanced Talks to Acquire Globalstar in Starlink Rivalry Move 
AEVEX Raises $320 Million in IPO Amid Surging Defense Sector Demand 
Netflix Q2 Profit Warning Sends Shares Tumbling as Reed Hastings Exits 
CATL Stock Hits Record High After Q1 2025 Earnings Surge 
TSMC Posts Record Q1 Profit Fueled by AI Chip Demand 
Rufus, April 05, 2016 -- Auscrete Corporation (“ASCK”), manufacturers of affordable “GREEN” housing built of their highly energy efficient hybrid concrete, announced Friday that it had signed an agreement with PN&N Enterprise Ltd., a Jamaican Consortium, for the construction of 1,500 homes, with a total value of US$135 million, on a number of Jamaican estates PN&N will acquire over 7 years. PN&N is a property developer in Jamaica and the construction agreement is contingent upon acquisition of land.
Auscrete will construct a manufacturing plant on the Island of Jamaica as early as later this year and start construction of the homes by early 2017, following completion of the first estate development.
Howard Mills, president of PN&N Jamaica, said that the homes will be between 1,100 and 1,500 square feet and typically be 3 bedroom detached single and two story, although there will be some multi-unit housing. He added that “Auscrete’s homes are a perfect fit for Jamaica. Concrete has been the main construction material here for many years and these advanced technology site built homes constructed by Auscrete are a perfect fit. They can be produced economically so they fall into the price range that lower to middle income purchasers can afford.”
“There is a vast shortage of housing in Jamaica and it gets worse year by year. The important thing was to keep the unit price under US$100,000.” Mr. Mills added.
John Sprovieri, Auscrete’s president said ”What a shot in the arm this is for Auscrete. These negotiations have been going on since October last year and it became apparent that Auscrete would be the manufacturer about a month ago after much due diligence by PN&N. This really validates Auscrete’s new high tech advancement in GREEN building construction for today’s affordable residential housing and commercial market.”
Contact: Auscrete Corporation John Sprovieri / CEO 541 739 8298 [email protected] www.auscretehomes.com Big Reach Media Inc. Dale Shirley, President 780-632-6963 [email protected] www.bigreachmedia.com # # #
