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July 20, 2004

FoundationWorks

Preusch
Preusch
Factory-built housing veteran Al Preusch has formed FoundationWorks with the purchase of Magnum Foundation Systems, which does business as Advanced Foundation Systems. The company will make and distribute two proprietary, low-cost foundation systems for factory-built homes. Its sales and marketing will be from its corporate offices in Portland, and its manufacturing operations will be in Cottage Grove, Ore. Preusch was a partner with Deloitte & Touche and CEO/chairman of Guerdon Homes. He will act as chairman and interim CEO while a management team for FoundationWorks is assembled.




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