Core Viewpoint - Fab-Form Industries Ltd. has acquired a strategic residential property in White Rock, British Columbia, for $2,451,645, marking a significant step in its expansion into smart, low-cost housing development and innovative technologies [1][2]. Group 1: Acquisition Details - The acquisition was completed on January 14, 2026, and the property is a 0.41-acre lot located in a desirable coastal neighborhood [1][2]. - The purchase aligns with the company's long-term vision to meet the increasing demand for affordable and environmentally friendly housing in Canada [2]. Group 2: Objectives of the Acquisition - The site will be developed into a model for smart, low-cost housing, showcasing scalable systems for future residential builds aimed at creating energy-efficient homes that lower construction costs and timelines [3]. - Fab-Form plans to implement its latest technologies, including Flex-R and Ever-Slab, to develop and test these innovations on the property, emphasizing sustainability and efficiency [4]. Group 3: Marketing and Demonstration - The development will serve as a live demonstration hub for Fab-Form's product lines, including Fastfoot®, Insulated Concrete Forms, Fast-Tube®, Monopour HD®, and Level-R®, with weekly open houses targeting builders, architects, engineers, and homeowners [5]. - The company aims to highlight how its products can integrate to create resilient and cost-effective structures [5]. Group 4: Company Statements - The President of Fab-Form expressed enthusiasm about partnering with key players across North America for this development [6]. - The Founder and Chief Technology Officer emphasized the importance of this acquisition in addressing housing affordability and refining technologies in a real-world setting [7]. Group 5: Financial Aspects - The transaction was facilitated through Macdonald Realty, and it was funded entirely through internal capital, requiring no external debt [9]. - Initial development activities will commence immediately, with prototypes expected to be unveiled later in 2026 [9].