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Olenox Industries Inc., formerly Safe & Green Holdings Corp., reports developments tied to modular structures, containerized infrastructure and energy-focused operations. Company news includes the completed name change from Safe & Green, activity at subsidiary Giant Containers, custom modular enclosure manufacturing, and updates involving Olenox Corp. service assets and industrial tooling.
Recurring announcements also cover the company’s integrated energy and infrastructure strategy, subsidiaries such as Giant Containers and Machfu Monitoring, acquisitions, proxy solicitation, annual meeting adjournments and other governance matters affecting its public-company status.
SG Blocks (Nasdaq: SGBX) announced that its partnership with Clarity Lab Solutions was selected as a Trusted Testing Partner for Hawaii's COVID-19 travel testing program. This collaboration aims to deploy mobile laboratories to facilitate testing for travelers, allowing them to bypass a 14-day quarantine. The program launches on November 17, 2020, and CMV will also explore additional testing sites. SG Blocks' modular facilities combined with Clarity's expertise offer a scalable solution for COVID-19 testing, which is increasingly in demand.
SG Blocks, Inc. (Nasdaq: SGBX) has announced a rescheduling of its financial results release for the third fiscal quarter ending September 30, 2020. Initially set for November 16, 2020, the delay allows the Company more time to finalize information necessary for its Quarterly Report on Form 10-Q. SG Blocks plans to file this report on or before the new date of the earnings call, which will be communicated later. SG Blocks specializes in code-engineered cargo shipping container structures for sustainable construction.
SG Blocks, Inc. (NASDAQ: SGBX) will host a conference call on November 16, 2020, at 4:30 p.m. ET to discuss its third-quarter results for the period ending September 30, 2020. The call will feature SG Blocks' CEO Paul Galvin and Acting CFO Gerald Sheeran. A press release outlining the financial results will precede the call. Investors can participate by calling 1-855-327-6837 (toll-free) or 1-631-891-4304 (international). The call will be accessible via live broadcast and replay on the company's website.
SG Blocks (NASDAQ: SGBX) has partnered with Grimshaw to showcase innovative design in the upcoming television show, 'New York by Design.' The collaboration aims to create a resilient home under $200,000 using recycled containers. The episode will air on FOX in August 2020, with an audience exceeding 2.5 million viewers. Previous collaborations have included a master services agreement established in 2018 for modular design. SG Blocks emphasizes sustainable construction through code-engineered shipping containers, enhancing construction speed and value.
SG Blocks, Inc. (Nasdaq: SGBX) announced three new development projects at its SG ECHO modular manufacturing facility in Durant, Oklahoma, projected to generate approximately $1.7 million in revenue. These projects include a 2,000 square foot COVID rapid response facility in Minnesota, multiple buildings totaling 18,000 square feet in the southeast, and a 3,000 square foot security building in Arizona. The company emphasizes the benefits of its acquisition of ECHO DCL, aiming for increased efficiency and higher margins through vertical integration.
SG Blocks (Nasdaq: SGBX) announced a Managed Supply Agreement with OSANG Healthcare, enhancing its distribution of the GeneFinder® COVID-19 Plus RealAmp Kit in the U.S. and Canada. This partnership builds on their earlier agreement and aims to create efficient lab-testing facilities, speeding up distribution efforts for OSANG’s FDA-approved tests. The collaboration seeks to optimize supply chains and address the global pandemic by improving the delivery of rapid testing solutions, which is critical as the U.S. enters the winter season.
SG Blocks (NASDAQ: SGBX) and Blink Charging Co. (NASDAQ: BLNK) have entered into an exclusive Master Development and Production Agreement. The collaboration aims to deploy Blink's EV charging solutions within SG Blocks' modular container structures. The project will feature solar-powered containers, with 20-foot and 40-foot designs supporting multiple 80-amp charging stations. This partnership is expected to enhance Blink's geographic footprint and meet the growing demand for EV charging infrastructure.
SG Blocks (NASDAQ: SGBX) announced a $2.9 million contract to deliver seven modular buildings in New Mexico. The manufacturing process will begin at SG ECHO’s facility in Durant, Oklahoma in Q4 2020, with substantial completion expected in Q4 2020 and site installation planned for Q1 2021. CEO Paul Galvin emphasized the importance of quality and timely delivery in modular construction. The company focuses on sustainable, code-engineered buildings, relying on their GreenSteel™ framework for increased value and eco-friendliness.