Ann: U.S. Demonstration Program Update, page-160

  1. 2,887 Posts.
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    haven’t had funding and the machine wasn’t good enough y yet (109). Also not suited for mass manufacturing.

    110 only finished start of 24 and on a boat mid year to Florida. This machine is made for mass manufacturing, 4
    3/4 under construction now and Liebherr have been involved last 18 months to help make is ready for mass manufacture.

    the biggest change is this JV comes with a $40 mill US rolling facility to pay FBR for machines.

    this deal is the only real one FBR has really ever had. If signed it will change FBR significantly.
 
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