Minaean International Corp. (TSX-V: MIB; US Symbol: MNIEF.PK) is a light gauge steel construction company with two wholly owned subsidiaries. Minaean Habitat (India) Pvt. Ltd. (“MHI”) is the primary subsidiary which runs the company’s Asian operations with a strong and sustainable market presence in India. Minaean Building Structures Inc. (“MBS”) operates in the North American market and has a market presence in British Columbia, Oregon & Washington.
Minaean Building Structures Inc. uses it’s trademarked ‘Artisan Quik Build’ technology to construct light gauge steel buildings cost effectively, quickly and in an environmentally friendly manner. In the United States the company operates under the name of Minaean Power Structures Inc., a registered company in the state of Delaware with operations in Oregon & Washington, where Minaean’s light gauge steel solutions are quickly adopted to manufacture and install the super structure of a 4 to 8 storey building within 3 months. Herein, Minaean’s use of light gauge steel proves to be the most cost effective construction material as compared to wood, concrete or structural steel. The modularity of the solution deems it easy and quick to construct within a controlled factory environment. The construction material is environmentally friendly and therefore contributes to sustainable construction.The modular panels, once constructed within the factory setting, are then transported to site and quickly erected like LEGO blocks at the average of 1 floor (approx 50,000 sq. ft.) per week. MBS uses this technology to erect steel wall panels of buildings in combination with the flooring system of Hambro, a subsidiary of CANAM Steel.
Minaean Habitat (India) Pvt. Ltd. has taken the concept of modular construction a step further and strategically diversified into a multi-industry portfolio comprising of residential, commercial and infrastructure development solutions. While residential construction services remain the trademark of Minaean, MHI has quickly consolidated its name as the prime provider of commercial modular construction services in the India market. Within the scope of commercial solutions MHI manufactures and installs ATM Kiosks for banks, Street Furniture ranging from Bus Queue Shelters to Public Urinals, Site Camps and other temporary accommodations, and gas station outlets amongst other products. MHI recently mapped another white space in the Indian market within the infrastructure development industry.
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