Industrial Maqtec is a business that designs and builds machines that produce cinder-blocks and other cement products. Samuel is th owner. He is incredibly smart, and is able to design and manufacture almost anything (he also has a machine that can take a raw pineapple and completely skin it).
This is Samuel and his property. He currently is renting two small factories, and he wants to move all his operations to this new factory.
As you can see, it has no roof, so it's missing that to be finished. It also needs to have electricity run to the building so he can get things taken care of. He needs about 250,000 pesos (about $23,000) to finish everything up.
The location is right next to a highway, so it's a great place as far as getting exposure.
Just another view of the building.
Samuel has quite a bit of property. This allows him to have a couple of greenhouses where he grows tomatoes.
A view from inside the building. You can see Ben chatting with Samuel about his business.
Samuel has an interesting problem in that he can get a large order from Cuba (at least 1,000,000 pesos), but they won't give him any money down, and he can't really complete the order without the new factory. Bank loans in Mexico are very expensive (18% + interest rates), and he doesn't want to take out the loan and risk not getting the order. After talking with him, he remembered about another project he had worked on a few months ago to produce some oil pumps for Pemex (Mexico's state-owned oil and gas company) that recover oil from wells that had been sealed many years back. The Pemex project would be a partnership with another company, and they have capital to invest so he could probably finish the new building. He's going to follow up on the Pemex deal.
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