Case Study Analysis 3 Name: ID: The Cement Factory Case: Votorantim Cimentos North America, Inc., is a sub- sidiary of a Brazil-based company that recently announced plans to develop a new cement factory in Houston County in the state of Georgia. The plant will be called Houston American Cement, or HAC. The location is ideal for cement making because of the large deposit of limestone in the area The plant investment, expected to amount to $200 million, has been based planned for 2012; however, it is currently delayed due to the economic downturn in construction. When the plant is completed and operating at full capacity, based upon the projected needs and cost per metic ton, it is possible that the plant could generate as much as $50,000,000 annually in revenue. All analysis will use a planning horizon of 5 years commencing when the plant begins operation. As discussed above, the Houston American Cement factory will require an investment of $200 million to construct. Delays beyond the anticipated implementation year of 2012 will require additional money to construct the factory.Assuming that the cost of money is 10% per year, compound interest, use both tabulated factor values and spread-sheet functions to determine the following for the board of directors of the Brazilian company that plans to develop the plant. (a) The equivalent investment needed if the plant is built in 2015 b) The equivalent investment needed had the plant been constructed in the year 2008