March 7, 2007—Steel Panel Foundations and Sanford Contracting today announced a licensing agreement to manufacture and produce Steel Panel Foundations’ innovative end-to-end steel foundation system, the alternative to conventional cement foundations. Steel Panel Foundations will provide Sanford Contracting with the technology to construct the steel foundation system in its residential and light commercial building projects.
The agreement will provide opportunities for Sanford Contracting to install the Steel Panel Foundations system in its steel framing building projects in the Northeast.
Sanford Contracting will integrate the Steel Panel Foundations system, which employs modular, water-tight construction and enables builders and developers to construct watertight basement foundations year-round in less time and at lower cost than conventional cement foundations, according to the companies.
As part of the agreement, Sanford Contracting will be fabricating the Steel Panel Foundation system components and assembling the system at installed building sites. For more information, see the Steel Panel Foundations Web site.
