AUSTIN, Texas, Dec 04, 2019 (SEND2PRESS NEWSWIRE) -- Ron Smith, President and Founder of Smith Wealth Advisors, an independent wealth management firm located at 6836 Bee Caves Road, Suite 272 in Austin, Texas, announced today that a group of the firm's key clients have funded a land acquisition in Lamesa, Texas, which will serve as the future site for the TatumTek Modular Construction Assembly Plant.
The TatumTek plant will use highly advanced fabrication and assembly technologies to build and assemble large modular components for use in residential and commercial construction projects such as single-family homes, condominiums, townhomes, hotels and other commercial structures. The construction on the plant, which will be located on Highway 180 just west of the Lamesa city limits, is expected to begin in the second quarter of 2020.
"Here, in close proximity to the heart of the Permian Basin," explains Ron Smith, "the demand for new affordable residential housing will keep the TatumTek plant busy for a very long time. This land acquisition will help to expedite the plant construction which in turn will bring much needed residential development to Lamesa and the surrounding region. Our investors are not only investing in this one project, they are investing in ways to help diversify the economic future for Lamesa."
About Smith Wealth Advisors:
Smith Wealth Advisors is a full-service financial services and consulting firm offering its clients guidance and financial advisory services in retirement planning, investment research, Securities products, 401(k) management and access to global capital markets. Smith Wealth Advisors is a registered Member of FINRA and SIPC and is regulated by the office of the Texas Secretary of State. All Brokerage, investment and financial advisory services carry risk. Smith Wealth Advisors cannot guarantee future financial results. Smith Wealth Advisors may not provide tax or legal advice. Always consult a tax expert or attorney regarding specific legal and tax related matters.
For further information call: 512-330-9161 or visit https://smithwealthadvisors.com/ today.
TatumTek is an innovative, Dallas based modular construction firm headed by CEO Edwin Tatum, combining traditional modular building techniques with highly advanced automation and design elements.
Smith Wealth Advisors
News Source: Smith Wealth Advisors
Related link: https://smithwealthadvisors.com/
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