Sustainable Green Team, Ltd. (OTC: SGTM) (“SGTM” or the
“Company”), a leading provider of environmentally beneficial
solutions for tree and storm waste disposal, today announces that
its wholly owned subsidiary, Mulch Manufacturing, Inc., has secured
a purchasing agreement with The Kroger Co. (NYSE: KR) to supply
their Louisville KY Division of 94 stores. The purchase agreement
was received a week after the Company’s wholly owned subsidiary,
Central Florida Arborcare was awarded a 1 year contract with 4 one
year renewals with Lake County FL.
The Kroger Company, founded in 1883 is the U.S.
largest supermarket by revenue ($121.16 billion for fiscal year
2019), and the fifth-largest retailer in the world. This year
operating roughly 2,750 supermarkets and multi-department stores.
(learn more).
SGTM’s CEO and Director Tony Raynor states,
“Securing a mulch and soil purchasing agreement with the Louisville
Kentucky division of The Kroger Company is an honor and the our
first step to expand further into their other devisions.”
About Sustainable Green Team, Ltd.
(SGTM)
Sustainable Green Team, Ltd. (“SGTM”), through
its subsidiaries, provides tree services, debris hauling and
removal, biomass recycling, mulch manufacturing, packaging and
sales. The Company was established with the objective of providing
a solution for the treatment and handling of tree debris that has
historically been disposed of in landfills, creating an
environmental burden and pressure on disposal sites around the
nation. The Company’s solutions are founded in sustainability,
based on vertically integrated operations that begin with
collecting tree debris through its tree services division and
collection sites and then, through its processing division,
recycling and using that tree debris as a feedstock that is
manufactured into a variety of organic, attractive, next-generation
mulch products that are packaged and sold to landscapers,
installers and garden centers. The Company plans to expand its
operations through a combination of organic growth and strategic
acquisitions that are both accretive to earnings and are positioned
for rapid growth from the resulting synergistic opportunities
identified. The Company’s customers include governmental,
residential and commercial clients.
SGTM currently has three wholly owned
subsidiaries to efficiently asses areas, recover, manufacture, and
distribute:
National Storm Recovery,
LLC
National Storm Recovery, LLC (“NSR”), is
composed of a team that has expertise in dangerous tree removal,
debris hauling and debris management. The Company’s management team
assesses storms by deploying its mobile command center to
designated sites and then strategizing with its national partners,
which include government agencies, prime contractors and
subcontractors.
Central Florida Arborcare
Central Florida Arborcare(“CFA”), has spent more
than 40 years perfecting their technique for proper tree care,
removal, and services. From tree removal, stump grinding, tree
care, grapple hauling, and storm recovery, CFA ensures properties
remain safe and businesses can continue as usual. To learn more
please visit: https://www.centralfloridaarborcare.com
Mulch Manufacturing, Inc.
Mulch Manufacturing, Inc. (“MMI”), being
vertically integrated receiving large volume of wood fiber
recovered from Central Florida Arborcare to feed raw material
needs, MMI has the product line and distribution system to address
a substantial customer base which can be expanded.To learn more
please visit: https://mulchmfg.com
For additional information regarding SGTM’s
operations, expansion plans and production facilities, view the
Company’s presentation.
SAFE HARBOR ACT:
Forward-Looking Statements are included within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements
regarding our expected future financial position, results of
operations, cash flows, financing plans, business strategy,
products and services, competitive positions, growth opportunities,
plans and objectives of management for future operations, listing
on the CSE, including words such as "anticipate," "if," "believe,"
"plan," "estimate," "expect," "intend," "may," "could," "should,"
"will," and other similar expressions, are forward-looking
statements and involve risks, uncertainties and contingencies, many
of which are beyond our control, which may cause actual results,
performance or achievements to differ materially from anticipated
results, performance or achievements. We are under no obligation to
(and expressly disclaim any such obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events or otherwise. No information in this press release
should be construed in any matter whatsoever as an indication of
the future performance of the Company’s revenues, financial
condition or stock price.
Company Contact:Anthony
RaynorCEO & Director407.886.8733 Office
Corporate Communications:
InvestorBrandNetwork (IBN) Los Angeles, California
www.InvestorBrandNetwork.com310.299.1717
OfficeEditor@InvestorBrandNetwork.com
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