ECD Automotive Design Reports Early Traction From Third-Party Build Agreement

Core Insights - ECD Automotive Design, Inc. has received initial orders validating demand for its third-party build agreement, which supports its factory utilization strategy [1][2][3] Group 1: Company Overview - ECD is the largest Land Rover and Jaguar restoration company, known for custom luxury builds including Defenders, Range Rovers, and Jaguar E-Types [1][4] - The company was founded in 2013 and operates from a 100,000-square-foot facility in Kissimmee, Florida, employing 98 staff, including 67 craftsmen with a total of 66 ASE certifications [4] Group 2: Recent Developments - Following a recent agreement with a regional 4×4 restoration client, ECD has received its first six orders, which are expected to be executed in the first and second quarters of 2026 [2][3] - The company has dedicated manufacturing space and labor for these builds, allowing for efficient execution independent of its core bespoke programs [2] Group 3: Management Commentary - CEO Scott Wallace emphasized that the early orders confirm the company's competitive advantages in infrastructure, scale, and craftsmanship, contributing to financial objectives such as attractive contribution margins and improved factory utilization [3] - Looking ahead to 2026, the company aims to increase capacity utilization while maintaining high craftsmanship standards [3]