Safe & Green's (SGBX) SG Echo to Deliver First Eco-Friendly Modular Unit

May 3, 2024 9:01 AM EDT

Safe & Green Holdings Corp. (NASDAQ: SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces that its subsidiary, SG Echo, is preparing to deliver its inaugural sustainable modular unit to a prominent quick-service restaurant customer in the Pacific Northwest. With the unit successfully passing its final plant inspection, it is expected to be shipped during the second quarter of 2024.

David Cross, Vice President of Business Development at Safe & Green Holdings, expressed his enthusiasm about this milestone, "We're honored to partner with this renowned quick-service restaurant chain and believe this collaboration is just the beginning of a significant relationship. Our team has worked diligently to meet the high standards set forth, and we're thrilled that the unit has successfully passed the rigorous inspection process. We're on track to deliver it later this quarter, marking a pivotal moment in our journey towards revolutionizing sustainable construction in the restaurant industry."

Paul Galvin, Chairman and CEO of Safe & Green Holdings, further emphasized the strategic advantages of SG Echo's Durant, OK facility, saying, "Our centrally located facility in Durant, Oklahoma, is uniquely positioned to cater to commercial markets across the United States. This delivery showcases our capacity to provide top-quality, sustainable solutions that meet the evolving needs of our clients nationwide. This milestone represents a major step in Safe & Green Holdings' mission to provide innovative, eco-friendly modular solutions that redefine efficiency and sustainability by leveraging advanced modular construction techniques.”

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