Alpine 4's Subsidiary, Thermal Dynamics International, Inc. Secures $14.6 million in Backlog
Alpine 4 Holdings (OTCQB: ALPP) announced that its subsidiary, Thermal Dynamics International, Inc. (TDII), has secured production orders, resulting in a backlog exceeding $14.6 million. Over the next 12 months, TDII aims to deliver international projects for various clients, including the U.S. Department of State. CEO Kent Wilson highlighted the company’s readiness to undertake complex projects as COVID-19 restrictions lift, paving the way for a productive 2021 and 2022.
- Thermal Dynamics International secured production orders exceeding $14.6 million.
- The company has a growing backlog, indicating strong demand for services.
- Expected project deliveries for high-profile clients, including the U.S. Department of State.
- None.
PHOENIX, June 9, 2021 /PRNewswire/ -- Alpine 4 Holdings' (OTCQB: ALPP), a leading operator and owner of small market businesses, announces that its subsidiary, Thermal Dynamics International, Inc. (TDII), has secured several new production orders adding to a growing backlog in excess of
Over the next 12 months the company expects to deliver several international building projects for various customers, including the U.S. Department of State and several other private companies worldwide.
Thermal Dynamics International, Inc. is an international engineering, fabricator, and project management services company. TDII's primary client is the United States Federal Government, including the Department of Defense (DOD) and Department of State (DOS). TDII specializes in managing complex project assets and infrastructure for its customers, including support services for the thermal engineering and design of Embassies and Consulates outside the United States.
Kent Wilson, CEO of Alpine 4, had this to say, "With the international markets lifting their COVID-19 restrictions, TDII is set to have a busy 2021 and 2022. The expertise on hand at TDII makes them abundantly capable of taking on these very technical and critical projects. Thank you to the TDII team for all of your hard work!"
About Alpine 4 Holdings:
Alpine 4 Holdings, Inc. (ALPP) is a publicly traded conglomerate that is acquiring businesses that fit into its disruptive DSF business model of Drivers, Stabilizers, and Facilitators. At Alpine 4, we understand the nature of how technology and innovation can accentuate a business. Our focus is on how the adaptation of new Holdings, including brick and mortar businesses, can drive innovation. We also believe that our holdings should benefit synergistically from each other and that the ability to have collaboration across varying industries can spawn new ideas and create fertile ground for competitive advantages.
Source: Alpine 4 Holdings, Inc.
Ian Kantrowitz: Director of IR
investorrelations@alpine4.com
Forward-Looking Statements:
The information disclosed in this press release is made as of the date hereof and reflects Alpine 4 most current assessment of its historical financial performance. Actual financial results filed with the SEC may differ from those contained herein due to timing delays between the date of this release and confirmation of final audit results. These forward-looking statements are not guarantees of future performance and are subject to uncertainties and other factors that could cause actual results to differ materially from those expressed in the forward-looking statements including, without limitation, the risks, uncertainties, including the uncertainties surrounding the current market volatility, and other factors the Company identifies from time to time in its filings with the SEC. Although Alpine 4 believes that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking statements based on those assumptions also could be incorrect. You should not place undue reliance on these forward-looking statements. The forward-looking statements contained in this release are made as of the date hereof, and Alpine 4 disclaims any intention or obligation to update the forward-looking statements for subsequent events.
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SOURCE Alpine 4 Holdings, Inc.
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