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Safe & Green Holdings Announces it Has Entered Into an Agreement to Produce Four Modular Electrical Distribution Centers as Part of a Multi-Unit Order for a Client Serving the Big Box Retailer Market

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Safe & Green Holdings Corp. (NASDAQ: SGBX) has entered into an agreement to manufacture four modular electrical distribution centers for a client serving the big box retailer market. The units offer flexible and customizable solutions for distributing electricity efficiently. The company anticipates a 20-unit order for 2024, emphasizing the versatility and reliability of their products.
Safe & Green Holdings Corp. (NASDAQ: SGBX) ha stipulato un accordo per la produzione di quattro centri di distribuzione elettrica modulari per un cliente che serve il mercato dei grandi rivenditori. Le unità offrono soluzioni flessibili e personalizzabili per la distribuzione efficiente dell'energia elettrica. L'azienda prevede un ordine di 20 unità per il 2024, sottolineando la versatilità e l'affidabilità dei loro prodotti.
Safe & Green Holdings Corp. (NASDAQ: SGBX) ha firmado un acuerdo para fabricar cuatro centros de distribución eléctrica modulares para un cliente que atiende al mercado de grandes almacenes. Las unidades ofrecen soluciones flexibles y personalizables para distribuir electricidad de manera eficiente. La compañía anticipa un pedido de 20 unidades para 2024, destacando la versatilidad y fiabilidad de sus productos.
Safe & Green Holdings Corp. (NASDAQ: SGBX)는 대형 상자 소매 시장을 위한 고객을 위해 4개의 모듈식 전기 배포 센터를 제조하기 위한 계약을 체결했습니다. 이 유닛들은 전기를 효율적으로 배분하기 위한 유연하고 맞춤형 솔루션을 제공합니다. 회사는 2024년에 20개 유닛의 주문을 기대하고 있으며, 제품의 다양성과 신뢰성을 강조합니다.
Safe & Green Holdings Corp. (NASDAQ: SGBX) a conclu un accord pour fabriquer quatre centres de distribution électrique modulaires pour un client desservant le marché des grands magasins. Les unités proposent des solutions flexibles et personnalisables pour une distribution efficace de l'électricité. L'entreprise prévoit une commande de 20 unités pour 2024, soulignant la polyvalence et la fiabilité de leurs produits.
Safe & Green Holdings Corp. (NASDAQ: SGBX) hat eine Vereinbarung zur Herstellung von vier modularen elektrischen Verteilzentren für einen Kunden im Markt der Großflächenhändler getroffen. Die Einheiten bieten flexible und anpassbare Lösungen für die effiziente Stromverteilung. Das Unternehmen rechnet für 2024 mit einem Auftrag über 20 Einheiten und betont die Vielseitigkeit und Zuverlässigkeit ihrer Produkte.
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Miami, FL, April 25, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, announced today that Safe and Green Holdings has entered into an agreement to manufacture four container based electrical distribution centers as part of a multi-unit order for a client serving the big box retailer market.

A modular electrical distribution center offers a flexible and customizable solution for distributing electricity from a single source to multiple destinations. The unit excels in versatility and dependability, efficiently managing and distributing electrical power, and is easily adaptable to evolving technologies and escalating power requirements.

Paul Galvin, Chairperson and CEO of Safe and Green Holdings stated, “We are pleased that we have entered into this agreement to produce the first four units of what we anticipate will be a 20-unit order for 2024. Over the years, Safe and Green has manufactured over a hundred of these modular electrical distribution center units, and we are excited to be manufacturing them again. The versatility of these units allows for electrical distribution wherever and whenever it's needed, once again highlighting one of the key advantages of modular construction.”

About Safe & Green Holdings Corp.

Safe & Green Holdings Corp., a leading modular solutions company, operates under core capabilities which include the development, design, and fabrication of modular structures, meeting the demand for safe and green solutions across various industries. The firm supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value. The Company’s subsidiary, Safe and Green Development Corporation, is a leading real estate development company. Formed in 2021, it focuses on the development of sites using purpose-built, prefabricated modules built from both wood and steel, sourced from one of SG Holdings’ factories and operated by the SG Echo subsidiary. For more information, visit https://www.safeandgreenholdings.com/ and follow us at @SGHcorp on Twitter.

Safe Harbor Statement

Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions and include statements regarding an agreement to manufacture four container based electrical distribution centers as part of a multi-unit order for a client serving the big box retailer market. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, but are not limited to, the Company’s ability to manufacture and deliver the four container based electrical distribution centers as part of a multi-unit order for a client serving the big box retailer market as planned, , and the factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Investor Relations:
Crescendo Communications, LLC
212-671-1020
SGBX@crescendo-ir.com



FAQ

What did Safe & Green Holdings announce?

Safe & Green Holdings announced that it has entered into an agreement to produce four modular electrical distribution centers for a client serving the big box retailer market.

What is the purpose of the modular electrical distribution centers?

The units offer a flexible and customizable solution for distributing electricity from a single source to multiple destinations efficiently.

Who is the Chairperson and CEO of Safe & Green Holdings?

Paul Galvin is the Chairperson and CEO of Safe & Green Holdings.

How many units does Safe & Green Holdings anticipate manufacturing in 2024?

The company anticipates manufacturing a total of 20 units in 2024.

What are some advantages of modular construction highlighted by Safe & Green Holdings?

Safe & Green Holdings highlights the versatility of their units, allowing for electrical distribution wherever and whenever it's needed.

Safe & Green Holdings Corp.

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sg blocks,inc. is the premier innovator in providing industry approved, code engineered cargo shipping containers to meet the growing demand for safe and green construction. rather than consuming new steel and lumber, sg blocks capitalizes on the structural engineering and design parameters a shipping container must meet and repurposes them for use in building. offering a product that typically exceeds building code requirements, sg blocks enables developers, architects, builders and owners to achieve greener construction, faster execution and stronger buildings of higher value and extended life.sg blocks has an application in meeting safe and sustainable housing needs, particularly in hurricane and earthquake prone areas. since its inception in 2007, sg blocks has developed and implemented the technology to break away from standardized container construction at reduced costs and is committed to providing a construction methodology that will lessen the global carbon footprint. each con