Ramtech publicly announced this week that we will be expanding our lease fleet inventory of portable classrooms, and will develop other modular building products for sale and lease, in order to meet the projected demand for school and government facilities in the fast-growing cities and counties located within the Eagle Ford Shale Play and Permian Basin areas.
This will enable us to provide a wide range of modular building options including our industry-standard portable double classrooms and a complete line of multiple modular classroom and classroom wings that are available to meet both temporary or long-term use requirements.
Ranging in size from 4 to 16 classrooms, these standard floor plan designs start at under $40 per square foot and can also be customized to meet a number of specific applications. In addition to our expansive product offerings, we can also provide the client with no cost project planning and budgeting, fast building installations, and procurement availability through co-ops including the Texas BuyBoard, TIPS/TAPS, and HGACBuy.
The 20-county Eagle Ford Shale area now accounts for over $61 billion in economic activity and is estimated to support more than 116,000 full-time jobs. In addition, more than $1.01 billion has been provided to local governments for schools, hospitals, emergency services, and other government agencies. We expect to have the additional product inventory of portable classrooms off-line and available for delivery throughout the summer.
