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actionview international inc (AVEW) Snapshot

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06/19/14 - $0.0034
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actionview international inc (AVEW) Details

AVEW Holdings Inc., together with its subsidiaries, operates as a pool, spa, and landscape design and construction company. The company engages in the design and construction of residential and commercial pools and spas; design and fabrication of patios, decks, arbors, enclosures, outdoor kitchens, and living rooms; and design and installation of lighting, plumbing audio, and visual fixtures, as well as provides repair, renovation, and maintenance services. It is also involved in the business of new home construction and remodeling of existing homes, including excavation, grading, drainage, foundation, framing doors, windows, electrical, plumbing, HVAC, insulation, drywall, tape and bed, texture, millwork and countertops, tile, wood flooring, and carpeting. In addition, it provides home improvement loans, home equity lines of credit, and home refinancing. The company was formerly known as ActionView International Inc. and changed its name to AVEW Holdings Inc. in June, 2014. AVEW Holdings Inc. is based in Austin, Texas.

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actionview international inc (AVEW) Key Developments

AVEW Holdings Inc. Hires Tim Smith to Lead its Custom Home Building Division

AVEW Holdings Inc. announced it has hired Mr. Tim Smith to lead the company’s Custom Home Building Division. Mr. Smith is a 24 year veteran in residential and custom home building, and he has been an independent custom home builder in the Austin Metro area for the past 12 years. Prior to that he was President of Santa Fe Homes of Fort Worth, TX; Divisional Manager of Domain Homes, Columbus, Ohio; Sales Manager of Monarch Homes of Orlando, Florida; and Project Manager for Centex Homes, Dallas, Texas. Mr. Smith has been responsible for all phases of home builder operations including land purchasing and development, architectural design, marketing, production, purchasing, and construction of over 3,500 homes with revenues exceeding $720 million. Mr. Smith will be in charge of AVEW's Custom Home Building Division, and will be working with Mr. Jim DePetris, VP of AVEW's Real Estate Development Division. Mr. Smith is jump-starting his new position with contracts to build three custom homes in Georgetown, Texas and a spec custom home in Round Rock, Texas. The addition of Mr. Smith to AVEW's Real Estate team will support current targeted residential and commercial mix-use and custom home developments in the Austin and Dallas Metro areas. Revenues in the Real Estate Division are protected to reach $15 million in 2015.

AVEW Mulls Acquisitions

AVEW Holdings Inc. which has obtained financing facility with a private investment firm from $5 million to $10 million, is looking fo4r acquisitions. AVEW is continuing to focus on its vertical integration strategy through the acquisition of service and specialty construction companies that complement the AVEW business plan. It intends to use the funds for acquisitions and other business activities that will directly result in generating revenues and earnings.

Coast Spas of Canada Chooses AVEW HOLDINGS INC. as Exclusive Spa and Hot Tub Dealership for the Central Texas Area

AVEW HOLDINGS INC. has announced that Coast Spas of Canada has chosen the company to be their exclusive spa and hot tub dealership for the Central Texas area. The deal will encompass an area from Waco, Texas to San Antonio, Texas. Coast Spas builds luxury high-end spas for hydrotherapy, entertainment, and relaxation. Coast Spas are known for their quality and have the fastest, most efficient filtration systems available. The Coast Spas can be customized by the customer in variation of size and seating configurations. There are six different models; traditional, curve, cascade, media, sound waves, and the micro silk. The curve model has raised curve back and continuous 24 inch waterfall. The cascade is the only portable hot tub with a luxury vanishing edge. The micro silk is a medical grade skin therapy spa that produces collagen-more powerful than skin creams. Sales anticipated for year one are 80 to 100 spas at an average retail cost of $6,800.00 per spa plus installation and maintenance.


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