Impresa Building Systems secures its first round of investment
The announcement of the opening of the first plant in Greenwood, SC coincided with the first investment to support its launch
Posted: October 12, 2021 at 6:17 PM EDT|Update: 6 hours ago
MARTINSBURG, W.Va., 12 October 2021 / PRNewswire / – Impresa Building Systems, Inc. today announced the opening of its first round of investment to support the launch of its flagship facility in Greenwood, South Carolina. The newly announced facility will serve the Georgia and Carolina markets modular homes through its franchisees and regional builders / developers.
Impresa secured its initial investment in August through APG Capital located at Raleigh, North Carolina with Jim Anthony Jr. as president. APG capital was instrumental in the acquisition of the 243,000 square foot production plant located in Greenwood County, South Carolina. Impresa has also started accepting its first round of outside investments through accredited investors and is in talks with selected builders / developers as production and investment partners in the facility. The potential of up to a $ 15 million increase will be used for installation to set up production lines, purchase equipment and inventory, hire staff and provide working capital until it reaches full production.
Leading the new factory initiative as chairman is Dan Hobbs, a 14-year industry veteran who has revitalized and operated several modular factories. According to Hobbs, on the current trajectory, limited production is expected to start as early as November, reaching full production by March of next year.
According to a press release from the SC Ministry of Commerce, SC Gov. Henry mcmaster says: “More than $ 9 million investment and 180 new Impresa Building Systems jobs in Greenwood SC, LLC created in Greenwood County is a huge victory for the state of Palmetto and will make a real difference in the local community. Thank you to this great company, and welcome to Caroline from the south. “
About Impresa Modular / Impresa Building Systems
Founded in 2008, Impresa Modular is the only nationwide modular home builder in the country, and is well known for unprecedented internet marketing and sales reach for homebuyers new to offsite modular construction. Through its extensive network of existing factories, Impresa Modular is able to design and build custom modular homes which it ships throughout most of the United States through franchisees and its direct sales team. Impresa building systems from Greenwood, South Carolina LLC is launching its first of several planned brand factories. For more information on Impresa, contact Jacki Wendorf, Director of Communications at (877) 410-6244, [email protected] or visit www.impresabuildingsystems.com. This press release is not intended to be used as a solicitation for an investment.
Impresa building systems
co Jacki Wendorf (877) 410-6244
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SOURCE Impresa Building Systems
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