Safe and Green Holdings Corp (SGBX)

[Milesblue42]

$11.5 Million Dollars Contract Announced


https://www.marketwatch.com/investing/stock/sgbx

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SG ECHO Announces an Expected $11.5 Million Expansion With Its Largest Client
Published: Nov. 7, 2022 at 8:30 a.m. ET
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The Company has received the first of a series of anticipated purchase orders which will expand upon its largest private client to date.

The MarketWatch News Department was not involved in the creation of this content.

JACKSONVILLE, Fla., (BUSINESS WIRE) -- SG Blocks, Inc. (NASDAQ: SGBX) (“SG Blocks” or the “Company”), a leading developer, designer, and fabricator of modular structures, announced today that SG ECHO, a subsidiary of SG Blocks, has expanded upon its relationship with a private client, providing one of the largest contracts to date for SG ECHO. The Company is a one-stop provider of various infrastructure solutions.

SG Blocks previously announced in April of 2022 a purchase order for more than 100 units with the client which in turn would generate approximately $6 million dollars in revenue.