has deployed a prototype Mold Changer at its own architectural Landscape products operation in Lachen, Germany, since early 2012.
KBH also expects second-quarter earnings of 95 cents vs.
KBH has a backlog of 12,564 units, up 30 percent over last year.
For distressing/aging the range of split products, KBH recently launched its fully hands-free In Line Aging Machine.
KBH offers a full equipment line, including models for feeding virgin blocks to the system, splitters, and Block Aging Machine, plus packaging devices.
For all of fiscal 2013, Fitch expects KBH will significantly increase its land and development spending as it executes its 'going on offense' initiative.
Fitch expects KBH to end fiscal 2013 with homebuilding unrestricted cash in excess of $300 million.
Also, KBH is one of a handful of public builders aggressively marketing energy efficient homes as a way of differentiating its homes from other builders' product and existing homes for sale.
For all of fiscal 2012, Fitch expects KBH to be $50 - 75 million cash flow negative.
In 2011, KBH has reemphasized marketing of the 'Open Series' product designs which have been value engineered to reduce production costs and cycle times, enabling the company to more effectively compete on price with existing homes in the current market.
For all of fiscal 2011, Fitch expects KBH to be cash flow negative, as the company continues to rebuild its land position.
Fitch has affirmed the following ratings for KBH
and revised the Rating Outlook to Negative: