Business
Sustainable Green Team, Ltd. (SGTM) Receives a Contract with Lake County Approved by County Commissioners
Sustainable Green Team, Ltd. (SGTM) Receives a Contract with Lake County Approved by County Commissioners.
About this update from Sustainable Green Team, Ltd.
[{"type":"text","content":"\n ORLANDO, Fla., Sept. 21, 2020 (GLOBE NEWSWIRE) -- Sustainable Green Team, Ltd. (OTC: SGTM) (“SGTM” or the “Company”), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announces that its wholly owned subsidiary, Central Florida Arborcare was awarded a 1 year contract with 4 one year renewals with Lake County Florida, commencing October first 2020. The Contract is to supply Right of Way Tree Trimming and Related Services to the county. The contract was received shortly after the Company’s other wholly owned subsidiary, Mulch Manufacturing, Inc. shared Menards mulch packaging contract renewal last week. SGTM’s CEO and Director Tony Raynor states, “Getting awarded this contract is allowing us to stay on point with our growth, building relationships with municipalities and governments. We are very fortunate to be an essential business that has proven to stand strong through these economical hard times.” About Sustainable Green Team, Ltd. (SGTM) Sustainable Green Team, Ltd. (“SGTM”), 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. SGTM currently has three wholly owned subsidiaries to efficiently asses areas, re...