Colorado Aspen Home Builders Announces Grant from Nebraska Governor

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Colorado Aspen Home Builders (CAHB) announces a grant received from Nebraska Governor David Heineman
For_Immediate_Release:

July 21, 2005 (Press Release) -- FOR IMMEDIATE RELEASE:

CENTRAL CITY, Neb.—April 7, 2005—Colorado Aspen Home Builders (CAHB) announces a grant received from Nebraska Governor David Heineman. The governor presented the grant of $506,000 to the company’s owner and president Andrew McFaul to help fund the start-up costs of its new Central City plant.

Andrew McFaul said the majority of the grant money will go toward the purchase of equipment and working capital. CAHB, along with local banks, will also be contributing nearly $2 million toward the plant start-up.

“When we were looking to expand we received some very attractive offers, but the quality of the local workforce is what led us to select Central City,” said Andrew McFaul.

The company plans to eventually staff 250 full-time employees at the Central City location, Andrew McFaul added. With more than 120 current employees and growing every day, it is the largest employer in Central City.

About Colorado Aspen Home Builders

Colorado Aspen Home Builders has been in the high quality modular home industry since 2002. Specializing in multi-family as well as single-family homes, the company has put together on e of the most efficient modular facilities in the nation. While headquartered in Englewood, Colorado, CAHB’s building facility is located in Central City, Nebraska.

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