An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
SG ECHO Selected as Manufacturer for a United States Military SCIF (Sensitive Compartmented Information Facility)
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
The Company seeks to expand its government business roster with new prime contractor
NEW YORK--(BUSINESS WIRE)--
SG Blocks, Inc. (NASDAQ: SGBX) (“SG Blocks” or the “Company”), a leading designer, innovator and fabricator of modular structures, announced today that SG ECHO, SG Blocks’ owned and operated manufacturing facility which specializes in the design and construction of permanent modular and temporary modular buildings, has been selected as manufacturer by a leading contractor for a United States Military SCIF, in support of the contractor winning a prime bid.
SG ECHO is located in Durant, Oklahoma, and consists of a two-building, approximately 70,000 square foot modular manufacturing facility. Since inception, the ECHO facility has catered to the needs of major markets, including military, education, administration facilities, health care, government, commercial and residential manufacturing.
SG ECHO is building a secured pre-fabricated facility for a government entity and is expected to be completed in the first quarter of 2022.
“We look forward to fabricating this secured facility for the US Military,” Bill Rogers, COO said. “We greatly appreciate the opportunity to expand our work for the armed forces of the United States.”
SG Blocks aims to make current and future manufacturing space available for military and federal contracts as well as any projects associated from the recently passed infrastructure bill.
The Company will provide further updates on this governmental project as able.
About SG Blocks, Inc.
SG Blocks, Inc. is a premier innovator in advancing and promoting the use of code-engineered cargo shipping containers for safe and sustainable construction. The firm offers a product that exceeds many standard building code requirements, and also supports developers, architects, builders and owners in achieving greener construction, faster execution, and stronger buildings of higher value. Each project starts with GreenSteel™, the structural core and shell of an SG Blocks building, and then customized to client specifications. For more information, visit www.sgblocks.com.
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 completing the United States Military SCIF in the first quarter of 2022, plans to make current and future manufacturing space available for military and federal contracts as well as any projects associated from the pending infrastructure bill, and providing further updates on the project when able. While SG Blocks 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, among others, the Company’s ability to complete the United States Military SCIF in the first quarter of 2022, the Company’s ability to make current and future manufacturing space available for military and federal contracts, the Company’s ability to provide further updates as planned, the Company’s ability to expand within various verticals as planned,, the Company’s ability to position itself for future profitability, the Company’s ability to maintain compliance with the NASDAQ listing requirements, and the other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 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.
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