Alan Kurtz
Calgary, AB (CAN)
Role(s):
Other
Hi-Tech Canada Development Inc.
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Startup
Location:
Calgary
Industry:
Manufacturing
Year Founded:
1998
Number Employees:
1-10 people
Description:
Hi-Tech Canada Development Inc. ("HCD") is a company that has a licensing agreement to commercially manufacture the scientifically integrated designed, superior IHI panalized building solution technology. IHI has built several prototype products over the past 10 years and has invested $100M in development, however the inventor lacks the ability to effectively commercialize his system. HCD has therefore purchased the Rights to manufacture these panels and all IP has been effectively transferred to the company. We require funds $45M to completely finish plant development in Ponoka, Alberta. We have a financing group prepared to loan us the $45M upon securing $15M in equity. We have received strong support from architects, developers, builders, government and are now looking for an investment partner(s) to move forward. Presentations, links, letters of interest and a business plan are available. Sales from this facility will exceed $250M with an EBITDA of $50M+.
