DEAR SHAREHOLDERS
Today I would like to invite you to be part of a different company, born in the mountains of Latin America, and supporting the development of a world-class mining industry. The challenge that our clients presented us with was very clear and precise: to receive a high level of habitability for their workers in remote areas that are complex due to their geographical altitude, and extreme temperatures and winds. To address this, we developed construction systems that imply that 70% of the buildings will be built in a factory, in a controlled environment.
In 1995, Tecno Fast was created by professionals “experts in challenges”, all with more than 10 years of experience in the industry. Together we developed “megaconstructions” that united architecture, engineering, manufacturing (including furniture), transportation, assembly, urbanization systems and treatment and generation plants in a single package, to be implemented in record time.
The delivery of a finished building that could withstand the effects of a grade 5 earthquake during transportation, equipped with furniture, ready to be occupied, has been essential to our differentiation. Our first project, Collahuasi, in 1996, a megaproject that today has more than 9,000 beds, located at 3,800 meters above sea level, is an example of this. I still remember visiting the site where it was to be built.
LEE MAS
Likewise, Minera Los Pelambres, which, from the moment of its construction, commissioned us to manufacture its complete housing infrastructure. In 2001, this was the first company that rented its operations hotel to us. Similarly, our client, Minera Escondida, entrusted us from the beginning, and today they have more than 20,000 of our beds. I also remember the construction of Antamina, in Peru, a mega-project that was a logistical challenge due to its height of 5,000 meters above sea level. All these projects were witnesses of our commitment to our clients and have made us grow.
Today we are one of the five largest manufacturing companies in the world and have been responsible for the engineering, construction and assembly of international projects in faraway places such as Gabon, the Falkland Islands, Bolivia, Cuba and the Colombian jungle. At each point, however far away it may seem, we have deployed all the logistical capacity and delivered in terms that exceeded all expectations.
INSTANTANEOUS HIGH STANDARD
In 2007, the flexibility that the needs of our customers led us to develop a line of rental business, to offer high level offices “instantly”. Currently this fleet (in m2) is equivalent to twice the area of the Costanera Center building, the tallest building in Latin America. A total of 14,000 units distributed in Latin America compile this service. The summer of 2010 surprised us all with the fifth largest earthquake in the history of humanity, a tragedy that led us to go out and help immediately. We donated the modular school in Iloca, which allowed more than 150 children to return to school two weeks after the disaster.
In 2014 we developed our Village hotels for the workforce in the mining areas. With their occupancy pre-sold to contracting companies, these facilities guarantee a productive and safe environment for all workers. Two years later we came up with the “Tecno Fast Home” concept, an innovative pre-engineered capsule system (manufactured in stock) that allows each family to build their own custom home from 60 m2 to 500 m2, a high standard, economical and very fast solution with a fixed price previously known by the client.
The last financial year we surprised architects and builders when The last financial year we surprised architects and builders when we erected the hotel “Los Bronces” for Anglo American, an icon of wood construction, a six-storey building that was never erected anywhere in Latin America. In addition, Minera Spence asked us to design spaces for 6,300 beds, and with Quebrada Blanca Phase II we were awarded a contract for 10,000 beds.
Although our order book and portfolio seem promising, we want to go for more. We have the technical and commercial capacity to conquer new markets, offering solutions that robotics and our experience make possible. Our m2 available for rent are growing at average rates of 20% each year, but Latin America is still virgin in these services and the markets where the solutions have been developed have old and expensive units. In addition, we want to inspire new generations with disruptive products like Tiny Cabin, an innovative concept unique in the world that has turned lifestyles upside down.
I hereby invite you to share our principles, based on customer service, safety and comfort for our employees and customers, on ethics and care for our environment and support for our communities, thus creating opportunities for growth and learning.
One should always offer less and deliver more – that’s what we aim for! We are part of the 4.0 revolution and we would like you to join us. More and more people and companies can have access to our services. And finally, a very special recognition to all the people who have contributed to what Tecno Fast is today: first, our customers, because without them we would not exist, our dear workers, executives, directors and suppliers and especially my partners, who contribute every day with their talent, so that we can be a better company.
I give you a warm welcome,
Cristian Goldberg Valenzuela
Chairman of the Board and Founder
Techno Fast
