Wamego+Builders

__**Wamego Builders**__

Builders usually build 2 houses per year in Wamego, KS. A typical 3 bed/2 bath house sells for $150,000. A builders profit is 7% of the sales price.

If FabCo come in, the building of residences will skyrocket. This will require more than one builder for all 15,000 new residents.

If each builder builds 250 homes over 3 years for a total profit of $2,625,000. This equates to $875,000 per year.

Each builder will have 10 crews of 10 workers. Each crew will build 25 houses per year. Another 30% percent of the sales price is used to pay the workers. 30% of $150,000 is $45,000. $45,000 divided by 10 is $4,500 per worker per house. Each worker builds 25 houses X $4,500 earned per house = $112,500 earned. Each year, the worker would earn $37,500.

That means that a builder with 100 workers would be paying wages in the amount of $37,500 over 3 years equaling $11,250,000 ($3,750,000 per year).

If you had 15 builders with 100 workers, the total wages earned per year by construction workers is $56,250,000!! This is a huge economic boost!

The workers would live in Wamego, spend money in Wamego, and pay taxes in Wamego.