Rick Westmoreland founded and owns Retrofit Exchange and said the program that the University of Central Missouri is launching might create more construction jobs.
“Honestly, I epitomize what’s happened to the housing industry. My day job is I’m a homebuilder. Quite honestly, I haven’t worked much during the day for the last couple of years. But what I hope will happen is we can reengage the housing industry into doing some form of construction and maybe re-employ the 2.2 million dislocated housing industry workers across the country.”
The university got a 190 thousand dollar grant to develop energy efficiency. Westmoreland said studies indicate that 130 million homes across the country would be candidates for retrofitting, and figures that a modest ten thousand dollar investment in each of those homes would create a 1.3 trillion dollar industry.