License Agreement Allows Quality Service to Brand and Market IGS Construction Products and IGStructures in Chile.
STEVENSVILLE, MD- 8 March 2017 Maryland based International Green Structures (“IGS”) and Chilean based Quality Services (“Quality Services”) signed an MOU in November 2016 and agreed on a License Agreement in February 2017. The License Agreement outlined the strategy for Quality Services to penetrate the construction market using the IGS Brand and pre-engineered IGStructures for houses, schools and medical facilities.
The overall goal is to gain market acceptance and adoption of IGS’s sustainable, green building materials and products, and execute contracts which will substantiate an in-country IGS Manufacturing Facility. IGS Manufacturing Facilities produce Compressed Agriculture Fiber (CAF) Panels using local rice and wheat straw purchased from local farmers. CAF Panels are durable and strong and when fit with pre-engineered steel framing system, allows for easy assembly and structures to be under roof in days. Developers and construction companies, who want to produce quality structures quickly and efficiently are ideal customers, allowing them to build more affordable houses, schools and healthcare facilities than with traditional building methods.
Once Quality Services successfully achieves validation and market demand for the IGS products and building solutions, the companies will develop a Joint Venture Enterprise (JVE) which will move them to the next level, a shared investment in IGS Manufacturing Facility Chile.
“Quality Services is pleased to announce the signing of the License Agreement with IGS to enter into a business relationship that will look forward to launch the CAF & Steel technology. This is the first step for a long term relationship that aims to the installation of an IGS Manufacturing Facility in Chile.” Said Marcial Padilla Ruiz, Project Manager Quality Services.
IGS, a market leader in sustainable, affordable housing solutions is focused on a total economic model which positively impacts a country by creating jobs and positively impacting the local economy by developing an in country manufacturing facility. “This License Agreement is a major step towards realizing our 10 x 2020 plan, which is ten IGS Manufacturing facilities by the end of 2020 and obtaining our vision of becoming the Global Leader of Sustainable Housing Solutions. We are very excited about expanding the IGS Brand and IGStructures to Chile.” said Richard China, Chief Executive Officer of IGS. IGS is currently working with companies in India, Colombia and Guatemala to penetrate the housing market with IGStructures.
ABOUT INTERNATIONAL GREEN STRUCTURES (IGS)
International Green Structures (IGS) offers affordable building solutions for the global housing crisis. IGS has successfully built affordable IGStructures in the US, Kenya, Nigeria, Ghana, Uganda, Guatemala and Vanuatu. IGS is headquartered in Stevensville, MD, manufactures and exports from Whitewright, Texas and from IGS Manufacturing Facility located in Thika, Kenya. Learn more: www.IGStructures.com
ABOUT QUALITY SERVICES
Quality Services delivers world-class value-added services in the field of information technologies, in Chilean and international markets. Founded in 1993, the company identified the need to concentrate the maximum efforts to consolidate the presence of its products in their respective target markets. In recent years Quality has focused on expanding its horizons to different areas, among which is the implementation of sustainable housing in Chile. Learn more: www.IGS-Chile.com