InvestorsHub Logo
Followers 24
Posts 2347
Boards Moderated 0
Alias Born 06/03/2012

Re: Kurt_Banoffee post# 92007

Friday, 07/17/2020 10:26:53 AM

Friday, July 17, 2020 10:26:53 AM

Post# of 104482
You're right that container has been there for over a year.

The latest master plan does have that area basically split in half, but back at the end of 2018, they started doing the ground work with more of a 2/3-1/3 west-east split. At that time I think AMTRON's new Swift Center was going to be built on that plot but the separate Swift center seemed to get dropped (financing?) and "combined/replaced" the Common Facility Building further west. So early 2019 the proposed Nano factory was "expanding" and got located on that plot.

The container placement may have been to keep out of the way, if the factory was going to "fill" the western half of the two plots. But who knows with the limited info.

My conclusion about the 120k vs the 75k size is that they wanted to go 120k but had to scale back because the cost of the 120k factory exceeded the $82 million budget and/or Amtronics CC couldn't raise the entire $50 million to reach that budget goal.

2/2018


8/2018


10/2019


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.