Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announced permit approval for its Jacksonville location. According to the update, the Jacksonville City Council voted on ordinance 2020-0348 with no opposition, granting approval for SGTM’s largest state-of-the-art recycling facility. This comes on the heels of the company’s recent announcement of strong revenue and gross profits during the second quarter ending June 30, 2020. “Another major achievement for our team and shareholders. Not only does this approval allow us to expand our services, it allows us to open a retail mulch supply location for retail customers; the infrastructure is already in place,” SGTM’s CEO and Director Tony Raynor stated in the news release. “I look forward to sharing more about our new approved site as well as many other updates as they progress.”
To view the full press release, visit http://ibn.fm/V5Rpp
About Sustainable Green Team, Ltd.
Sustainable Green Team, 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.
For additional information regarding SGTM’s operations, expansion plans and production facilities, view the company’s presentation. For more information about the company’s Mulch Manufacturing subsidiary, visit www.MulchMfg.com.
NOTE TO INVESTORS: The latest news and updates relating to SGTM are available in the company’s newsroom at http://ibn.fm/SGTM
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