The Vancouver-based green construction technology company is looking to build three plants in Alberta, Toronto and Hazelton, Pa.
“We are excited and humbled by customer interest in Nexii’s green construction products to date, which is accelerating the roll-out of our plants across Canada and the USA,” Nexii Building Solutions CEO Stephen Sidwell said in a statement.
“For North America to rebuild sustainably and achieve a green economic recovery, every industry needs to innovate and invest in new technologies. Buildings and construction together is the top contributor to global climate pollution, and Nexii has the potential to curb the environmental impacts created by our buildings. Our goal is to aggressively scale Nexii, so that we can live up to our company mission to build a vibrant future for people and the planet.”
The company is moving forward with an agreement with Alberta-based Newvi Building Solutions where Newvi will invest up to $15million for the development of a production facility to manufacture products using Nexii’s process and its proprietary material Nexiite.
It is anticipated that the plant will be operational in Q2 2021. Once fully operational, the plant will be able to produce over four million square feet of building panels every year, a Nexii release stated.
Another agreement is moving ahead in Ontario with Symphony Advanced Building Technologies (ABT) Inc. for a manufacturing plant in the Greater Toronto Area. Symphony-ABT will invest up to $30 million for the development of a production facility to manufacture retrofit and green building products using Nexiite.
The Toronto plant will begin development in Q4 2020 and is anticipated to be operational in Q2 2021. Once operational, the Nexii release said, the plant will be able to produce over eight million square feet of building panels every year.
The Pennsylvania plant will go forward through an agreement with John Wolfington to serve northeast U.S. markets including New York City, Philadelphia and Washington, D.C.
Wolfington will invest C$30 million for a production facility to manufacture green building and retrofit products using Nexiite. Development will begin in September 2020 and operational status is estimated for Q1 2021. Once up and running the Pennsylvania plant will be capable of producing over eight million square feet of building panels every year.