Millport Associates, a subsidiary of a Brazilian industrial conglomerate, is about to revolutionize the construction industry in the U.S.
The company has leased 25,000 square feet of space in the Miramar Park of Commerce in South Florida for its first state-of-the-art facility in the U.S. to manufacture Inovatec RCSPs (Reinforced Composite Structural Panels) for the construction industry.
“We have purchased all of the patents, intellectual property, trademarks and assets of the now bankrupt InnoVida and have made significant improvements in raw material utilization and the manufacturing process to take this emerging technology to the next level,” said Guilherme de Oms Cooper, Millport’s U.S. Administrative Director.
Millport will create more than 35 jobs initially and will serve the U.S. and international markets from its Florida headquarters in Miramar, which also will be a showroom. Additionally, Millport is setting up the first of four high output state-of-the-art manufacturing facilities in Brazil and also will look to provide turnkey factory operations in other parts of the world.
Inovatec is a proprietary building technology based on advanced high performance materials typically associated with the marine, aerospace and other high tech industries. This technology significantly shortens construction time, is energy efficient and does not require specialized labor or heavy equipment on site. The finished product can be designed to be hurricane and earthquake resistant and requires minimal maintenance throughout its life. More importantly, this technology does not rely on the availability of traditional construction materials associated with conventional systems yet meets all of the required building code requirements in Miami-Dade County and beyond.
“It is our intention to bring this unique solution to the construction industry in Brazil, the U.S. and the rest of the world,” said Cooper. “Millport is currently evaluating projects with international partners and investors seeking to bring Inovatec’s proprietary solution to their markets to address the housing deficits that affect regions worldwide.”
According to the latest data from the Office of United States Trade Representative, U.S. goods and services trade with Brazil totaled $64 billion in 2009.
Source: Miami Herald
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