ManattJones Organizes Joint Venture Between MoladiAmericas, Inc. and Grupo Bracsa de Mexico, Bringing Innovative Technology to Mexico and Boosting Low-Cost Housing Initiatives.WASHINGTON -- ManattJones Global Strategies, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , announced today the successful organization of a business partnership and joint venture between its client, MoladiAmericas, Inc., a U.S. company based in Miami, Florida “Miami” redirects here. For the Native American tribe, see Miami tribe. Miami is a major city in southeastern Florida, in the United States. It is the county seat of Miami-Dade County. Miami is a gamma world city with an estimated population of 404,048. , and Grupo Bracsa de Mexico, a prominent builder of affordable housing based in Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi . ManattJones played a strategically instrumental role in developing the relationship between Moladi and Bracsa, bringing a new, high-tech building method to boost low-cost housing initiatives in Mexico. "There are few initiatives in Mexico more important than providing solutions for affordable housing," said Jonathan M. Charry, a Managing Director in the ManattJones Washington, D.C. office, who served as a key negotiator in the development of the relationship between Moladi and Bracsa. "The partnership between the two companies will support and advance President Vicente Fox's recent initiative to accelerate the construction of low-cost housing." Drawing on its extensive government and business experience in Mexico, ManattJones provided business and strategic advice to Moladi, assisted in structuring the joint venture and arranged financing for the project. The result of the joint venture will be the first use of a revolutionary technology in Mexico, which promises to accelerate the construction of greatly needed social housing in the region. The "Moladi technology," originally developed in South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , uses on-site plastic molds to efficiently build residences, schools, warehouses and office buildings. Hennie Botes, Moladi inventor in South Africa, has won several prestigious awards for his innovative approach to building systems. "I am very pleased that MoladiAmericas is taking this technology into Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , as there is a great need for low-cost housing using the Moladi method," he said. Bracsa plans to use the Moladi technology for the first time in Mexico to construct homes in Celaya, a growing industrial area north of Mexico City. "One of the benefits of this technology is that local labor is trained in the Moladi construction method, allowing the basic structure of a house to be built in one day," said Ken Lane of MoladiAmericas. "The technology has been successfully used in South Africa, Kenya, Botswana and Panama." "The Moladi technology is promising because it provides for affordable housing and makes use of local labor, thereby increasing employment," added James R. Jones, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ManattJones and former U.S. Ambassador to Mexico. "These homes can be built very quickly and inexpensively." "Bracsa has been in the business of affordable housing in Mexico for 40 years," said Daniel Roig, Grupo Bracsa's Chief Financial Officer, "and we are pleased to be in this joint relationship with Moladi to bring this promising new technology to the Mexican marketplace." ManattJones' engagement in this project continues, led by John Bruton and Juan Casillas, both Managing Directors in ManattJones' Mexico City office, and other ManattJones' professionals in its Washington, D.C. and Mexico City offices. About MoladiAmericas, Inc. MoladiAmericas, based in Miami, is pioneering the use of the Moladi Construction Technology in the Western Hemisphere Western Hemisphere Part of Earth comprising North and South America and the surrounding waters. Longitudes 20° W and 160° E are often considered its boundaries. . The company is staging its launch of the Moladi system in Mexico, with plans for a manufacturing operation in the near future to support projects throughout the region. The Technology is a patented modular system, specifically designed to speed construction, improve quality, and lower the construction cost of residential housing. Moladi creates an affordable, steel-reinforced concrete structure that has the strength to withstand hurricanes and earthquakes, while providing thermal insulation The term thermal insulation can refer to materials used to reduce the rate of heat transfer, or the methods and processes used to reduce heat transfer. Heat is transferred from one material to another by conduction, convection and/or radiation. and moisture resistance. About Grupo Bracsa de Mexico Grupo Bracsa de Mexico is a privately-owned group of construction and development companies focusing on the development, construction, marketing and sales of low and middle-income housing developments in Mexico. Bracsa has proven experience in developing, constructing, marketing and selling low-and middle-income housing projects, as well as in structuring cross-border investment relationships that satisfy the requirements of sophisticated international investors. About ManattJones Global Strategies, LLC ManattJones Global Strategies blends business and foreign service expertise to ensure achievement of client objectives -- entering markets with appropriate risk assessment and analysis of market demand characteristics, navigating regulatory and trade issues, overcoming local business and political challenges, developing strategies for market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" , finding effective local management, working within the local culture, and providing high-level assistance to solve difficult problems. ManattJones provides clients with access into, and relationships within, targeted industry and market segments in regions around the globe -- banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , IT and telecommunications, bio-technology, infrastructure, housing, hospitality, manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. , and healthcare and pharmaceuticals, delivering on-the-ground global reach and implementation for clients. ManattJones has offices in Washington, D.C., Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Mexico City, and Sao Paulo. |
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