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Stock impact report

EllisDon Launches Base Design™ for Canadian Affordable Housing [Yahoo! Finance]

Cabot Corporation (CBT) 
Last cabot corporation earnings: 2/3 04:16 pm Check Earnings Report
US:NYSE Investor Relations: cabotog.com/investors
Company Research Source: Yahoo! Finance
Mississauga, ON, April 15, 2025 (GLOBE NEWSWIRE) -- EllisDon Community Builders has launched Base Design™, an innovative solution to address the urgent need for rapid housing development across Canada. This licensable, scalable 'kit-of-parts' template is designed to expedite the creation of affordable housing. The adaptable templates of Base Design lay the groundwork for multi-unit developments up to ten storeys high, effectively filling the void between low-rise buildings and high-density residences. Aiming to abbreviate the design process for non-profits, Indigenous groups, and government agencies, Base Design enhances their ability to execute housing projects more efficiently. By utilizing standardized designs, housing providers and their development partners can now complete projects with greater speed, lower costs, and less risk. “Bringing Base Design to the affordable housing sector is an important milestone,” said Nick Gefucia, Senior Vice President, EllisDon Community B Show less Read more
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