Business: |
PreTam Holdings Inc. is a holding company incorporated in Alberta, Canada. (Incorporated in Canada)
We conduct business and operations through our wholly owned operating subsidiary, Prefabricados Tambillos SpA.
We are a leader in the Chilean precast construction market. Our Company operates in the Chilean residential and commercial construction sector. We develop, manufacture, market, sell, and install a broad array of precast concrete products and systems for use primarily in the housing, commercial development, and mining industries. Precast construction, also known as prefabricated construction or off-site construction involves casting of building or infrastructural elements in another location. The cased member is then transported and fixed securely to form structures.
Our Company is a leader in off-site industrialized construction processes in Chile. We cover all areas of construction such as: roadworks (highways, bridges, etc.); industrial buildings (warehouses, factories, shopping centers, etc.); residential housing (homes, buildings, etc.); and special construction (channels, ponds, foundations, retaining walls, special orders for mining, etc.). Because our manufacturing process is conducted primarily offsite, we are able to maintain quality controls and production standards not available under on-site construction methods.
Our customers are non-government related businesses engaged in residential and commercial construction. We primarily sell our products and systems directly to the customer, but we may in the future sell through resellers. We are currently exploring opportunities to expand our customer base to include municipalities. The Company’s strategy involves producing and marketing innovative and proprietary products and expanding into additional geographic markets, including but not limited to, Spain.
Precast construction is an effective alternative for the production of green and energy efficient buildings as compared to traditional methods. Although our Company, like other precast companies, competes with providers of wood, steel framing or traditional construction solutions for residential housing contracts, none of these solutions are comparable in quality with reinforced concrete in terms of energy efficiency, or resistance to fire, pests, hurricanes, floods, etc. According to the U.S. Department of Housing and Urban Development, precast structures can help in saving up to 25% of heating and cooling costs. Additionally, the construction energy use can also be minimized during the fabrication phase as the control of energy use and emissions is easier to regulate in factory environments. Thus, the increase in focus on sustainable buildings and energy conservation in Chile has been and is expected to continue to be a major driving factor for the Chile precast construction industry.
Precast construction is more resistant to seismic activity than many traditional methods of construction. Chile is highly prone to earthquakes owing to its location on the tectonic plate boundary and the subduction zone. Precast construction is an effective solution against seismic vibrations. Its use of high-quality building materials and offsite manufacturing ensures adherence to building and design consistency. Such factors promote the use of precast construction for seismic resistance application, which has also led to the growth of the Chile precast construction market.
**Note: Revenue and net loss figures are for the year that ended Dec. 31, 2022.
(Note: PreTam Holdings Inc. filed its F-1 on July 27, 2023, without disclosing terms for its IPO. The company submitted confidential IPO documents to the SEC on May 2, 2023.)
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