Investor underwrites new Hebel autoclaved aerated concrete plant

Verte OZ Fund Inc., College Park, Md., has invested in Probitas Ventures LLC and its wholly owned subsidiary AAC East LLC, both of Bennettsville, S.C. Probitas Ventures is building an advanced production facility for autoclaved aerated concrete (AAC) under licensing from Germany’s Xella GmbH, owner of the legacy Hebel AAC brand. The goal of the Verte OZ infusion is to…

Read More