FBR Completes Ninth Home in US Demonstration Program

MT Newswires Live12-02

FBR (ASX:FBR) completed the ninth home in its 10-home demonstration program in Florida for CRH Ventures, according to a Monday filing with the Australian bourse.

The company's subsidiary, Fastbrick Engineering Americas, previously signed a demonstration program agreement with CRH Ventures, per the filing. Under the terms, the companies will be responsible for entering into contracts for five homes each.

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