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Green builder Blu Homes raises $7 million

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Blu Homes uses energy saving and other green features in its homes.

Blu Homes uses energy saving and other green features in its homes.

From Green Right Now Reports

Blu Homes, Inc. today announced it has raised $7 million from private investors. The company said the funds will be used primarily to support new product development, R&D and sales and marketing.

Blu homes employ green features designed to create a healthy living environment with a reduced carbon footprint. The company uses low or no-VOC paints and finishes, recycled and recyclable materials, low-flow fixtures, energy star appliances, high efficiency heating systems and architectural characteristics that maximize passive heating and cooling.

“This financing will be used to scale our business,” Bill Haney, co-founder and president of Blu, said in a statement. “The market for beautiful, green, healthy homes is sizeable and we have a unique product at a reasonable price that homeowners, developers and corporations across the country are buying. Our new 80,000 square foot facility in East Longmeadow, Mass. will allow us to meet the growing demand.”

Blu offers residential and commercial designs and has delivered homes to families and businesses across the U.S. Blu’s buildings comes in a variety of models, sizes and floor plans, including studios, one-, two-, three- and four-bedroom homes and commercial buildings. Blu’s homes can be finished on site in a matter of weeks and are constructed of a steel/wood frame designed for durability.


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