Sprout signs lease on 45,000 sq. ft. of manufacturing space to meet production demand
08 June 2017 - 9:15PM
InvestorsHub NewsWire
LA JUNTA, CO - June 08, 2017 - InvestorsHub NewsWire -
Sprout Tiny Homes (OTC PINK: STHI) has signed a lease on 45,000 sq. ft. of
manufacturing space to meet increasing production demand. The new
facility is located at the Puebloplex in Pueblo, Colorado and will
provide up to 31 bays of manufacturing space to build Sprout's
commercial lines of tiny homes. The facility is currently
being upgraded with a $300,000 internal build out of LED lighting,
electrical, water and air drops to create a high efficiency
manufacturing environment.
Sprout is also building out new corporate offices for the Pueblo
facility. Recent demand and future order pipeline prompted the
expansion from its La Junta, Colorado location. "We chose to
expand our manufacturing capability in Pueblo because of the
pro-business climate and proximity to the I-25 corridor for
shipping and receiving purposes," said Rod Stambaugh, President of
Sprout Tiny Homes. "Our reputation and proven ability to
deliver high quality, energy efficient commercial tiny homes with
chemical free interiors is creating a robust sales pipeline and
this new facility will allow us to meet our production and delivery
commitments."
The move to Pueblo will also provide a larger employee base of
sproutologists for its new production facility and create a more
favorable supply chain environment with easier logistics for supply
delivery. Sprout plans to be in the new Pueblo facility by July
1st.
About Sprout Tiny Homes:
Sprout Tiny Homes is a leading designer, developer and
manufacturer of high-quality, energy efficient tiny homes with
chemical free interiors. Sprout homes are built with modern
building practices including structural insulated panels resulting
in stronger, greener and straighter homes. Sprout focuses
exclusively on building commercial grade tiny homes to satisfy the
growing demand of affordable and attainable housing for use as
permanent housing and overnight hotel / resort markets.
Using sustainable building materials where possible and pushing
the boundaries of design and energy efficiency are key attributes
of Sprout homes. We manufacture tiny homes on wheels up to 400 sq.
ft. and homes on foundations up to 900 sq. ft. of living
space. Our new 45,000 sq. ft. production facility is located
in Pueblo, Colorado. For more information about employment or
the company, call 719.247.6195 or visit http://sprouttinyhomes.com
Certain statements contained herein are "forward-looking
statements" (as defined in the Private Securities Litigation Reform
Act of 1995). Sprout Tiny Homes Inc. cautions that statements, and
assumptions made in this news release constitute forward-looking
statements and makes no guarantee of future performance.
Forward-looking statements are based on estimates and opinions of
management at the time statements are made. These statements may
address issues that involve significant risks, uncertainties,
estimates made by management. Actual results could differ
materially from current projections or implied results. Sprout Tiny
Homes, Inc. undertakes no obligation to revise these statements
following the date of this news release.
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