GEMZ Corporation Enters $56 Billion Global Container Home Market
WINTER PARK, FL / ACCESSWIRE / April 14, 2023 / GEMZ Corporation (OTC:GMZP) announced that the Company has fully acquired Wisconsin-based BadgerBloX Homes Inc. (“BadgerBloX”) as the Company enters the fast-growing $56 Billion global container home market. The overall market size is expected to grow to $87 billion by 2029 as the market is expected to experience a Compound Annual Growth Rate (CAGR) of 5.7 percent.
GEMZ Corporation Enters $56 Billion Global Container Home Market With BadgerBloX Homes Inc. Acquisition (accesswire.com)
BadgerBloX is a company that converts shipping containers into high-quality living and workspace solutions. The company offers custom-designed spaces to fit each client’s unique needs, starting from small 20′ x 8′ container projects to large multiple linked 40′ x 8′ containers. BadgerBloX’s approach is to work closely with customers to ensure their vision becomes a reality.
Shipping container conversions have become increasingly popular in recent years as people seek sustainable and cost-effective alternatives to traditional housing and workspace options. Container homes are eco-friendly, versatile, affordable, and offer a unique combination of sustainability and affordability. BadgerBloX also believes there is a bright future for container homes in providing temporary-but-safe living spaces to displaced people in areas hit by unexpected disasters.
BadgerBloX, BADGERBLOX is owned by GEMZ Corporation, a publicly-traded company that specializes in affordable, high-quality conversion of containers for use as homes, offices, and other ready-to-use spaces. GEMZ’s CEO, Stephen Carnes, is impressed by BadgerBloX’s approach, which focuses on understanding each client’s unique needs and working with them to create custom solutions. Carnes sees a lot of potential in BadgerBloX’s future growth initiatives, which he believes are much bigger in scope and size than just making shipping container conversions.
While BadgerBloX and GEMZ Corporation are optimistic about the future, they acknowledge that there are uncertainties and risks that could affect their plans and expectations. They have disclosed these risks in reports and documents filed with the Securities and Exchange Commission and OTC Markets, Inc. However, they remain committed to their mission of providing sustainable and affordable living and workspace solutions through shipping container conversions.
