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SUSTAINABLE GREEN TEAM - SGTM STOCK NEWS

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Sustainable Green Team, Ltd., through its subsidiaries, provides storm/disaster recovery services. They offer tree, debris hauling and removal, and biomass recycling services. The company also manufactures, packages, and sells mulch to landscapers, installers, and garden centers. They serve governmental, residential, and commercial customers. Formerly known as National Storm Recovery Inc., the company changed its name to Sustainable Green Team, Ltd. in July 2020. Sustainable Green Team, Ltd. is based in Apopka, Florida.

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On October 12, 2022, The Sustainable Green Team LTD (OTCMKTS: SGTM) announced a partnership with Accel Media International LLC (AMI) aimed at promoting sustainability through a media campaign. This initiative will feature short-form commercials across major networks, including Fox Business and Bloomberg, and is expected to deliver over $30.7 million in media value over five years. The partnership will also enhance public awareness of SGTM's eco-friendly solutions and its CEO's commitment to environmental sustainability.

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Sustainable Green Team Ltd. (OTC: SGTM) announced the renewal of a mulch packaging contract with Kroger’s Louisville division for 2022, continuing its service to 114 Kroger stores. Paul Stolly, VP of sales and marketing at Mulch Manufacturing Inc., expressed excitement about supporting Kroger's sales growth. The company specializes in environmentally beneficial solutions, including wood-based mulch and lumber products, and aims for expansion through organic growth and strategic acquisitions.

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Sustainable Green Team, Ltd. (OTC: SGTM) will have CEO Tony Raynor present at the LD Micro Main Event investor conference from October 12-14, 2021 at the Luxe Sunset Boulevard Hotel in Los Angeles, CA. SGTM is among approximately 150 companies attending this influential conference focused on small and micro-cap investments. The Company will host a presentation on October 13 at 3:30 p.m. ET (12:30 p.m. PT) with opportunities for one-on-one investor meetings.

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Sustainable Green Team, Ltd. (SGTM) has announced significant upgrades at its Central Florida and Georgia facilities through the installation of advanced robotic, automated equipment. These enhancements aim to boost productivity, improve packaging efficiency, and protect products during shipping. The Central Florida site received a new semi-automatic stretch wrapper while the Homerville location acquired a robotic palletizer with advanced dispensing technologies. CEO Tony Raynor emphasized that these investments align with the company's goals of enhancing efficiency and sustainability through resource optimization.

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On Sept. 22, 2021, Sustainable Green Team, Ltd. (SGTM) appointed David B. Hurst, a veteran in agriculture and engineering, to enhance its soil manufacturing operations and explore pigment production. Hurst's experience spans over 30 years in various sectors, including agriculture and engineering. He will work alongside Mitch Gray, an expert in potting soil, to ensure efficient operation of the new soil production system acquired by SGTM. The company aims to manufacture premium potting soils while potentially increasing profit margins through internal pigment sourcing.

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Sustainable Green Team, Ltd. (OTC: SGTM) announced on Sept. 21, 2021, that its subsidiary, Mulch Manufacturing, Inc., has renewed mulch contracts with Circle K Stores, Inc. for 2022. This renewal maintains services for approximately 371 stores across multiple states, reflecting the company’s capability in providing quality products. Additionally, other contracts were secured with Minards, Inc. and OldCastle APG, Inc., indicating a robust growth trajectory in sales. The company aims to expand operations through organic growth and strategic acquisitions.

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Sustainable Green Team, Ltd. (SGTM) has acquired a custom potting soil production system from Mitchell Ellis Products to enhance its product offerings. The system features an Automated Inline Continuous Soil Blending System capable of producing 120 cubic yards per hour, allowing for improved efficiency and precision in soil blending. This acquisition complements SGTM's recent LOI to acquire Day Dreamer Productions, LLC, further diversifying its services. The new production capabilities aim to meet increasing customer demand for a wider variety of products beyond mulch.

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Sustainable Green Team, Ltd. (SGTM) has entered a Letter of Intent (LOI) to acquire Day Dreamer Productions, LLC, aiming to enhance in-house video production and marketing capabilities. The acquisition will allow SGTM to increase brand exposure and sales. The deal is expected to close by December 31, 2021, with Victor Spangler appointed as Chief Marketing Officer and President of Day Dreamer Productions. SGTM plans to utilize this acquisition for marketing its services and products, furthering its growth in the environmentally beneficial solutions sector.

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Sustainable Green Team, Ltd. (SGTM) has announced a $1.8 million upgrade contract with Cooper Machine Company for its sawmill in Homerville, Georgia, commencing in spring 2022. This project aims to enhance production efficiency and yield while reducing labor requirements. SGTM also plans to invest in a robotic stacking system for its bagging operation later this year, which is expected to increase capacity and lower costs. These upgrades will help SGTM maintain high product quality and strong profit margins amidst a competitive market.

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Sustainable Green Team, Ltd. (OTC: SGTM) announced a contract renewal with Menards, Inc., increasing mulch packaging by 50% over 2021. This continued partnership, which began in 2010, shows the company's strong growth trajectory. Menards, the third-largest home improvement chain in the U.S., operates 335 stores across 15 states. SGTM leadership expresses pride in the expanding relationship, driven by their team’s commitment to quality mulch products. This growth highlights SGTM's position in the sustainable solutions sector.

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FAQ

What is the current stock price of SUSTAINABLE GREEN TEAM (SGTM)?

The current stock price of SUSTAINABLE GREEN TEAM (SGTM) is $0.3799 as of November 22, 2024.

What is the market cap of SUSTAINABLE GREEN TEAM (SGTM)?

The market cap of SUSTAINABLE GREEN TEAM (SGTM) is approximately 47.1M.

What services does Sustainable Green Team, Ltd. provide?

Sustainable Green Team offers storm/disaster recovery services, tree and debris hauling and removal, biomass recycling, and mulch manufacturing.

Where is Sustainable Green Team, Ltd. based?

Sustainable Green Team, Ltd. is based in Apopka, Florida.

What types of customers does Sustainable Green Team, Ltd. serve?

Sustainable Green Team serves governmental, residential, and commercial customers.

What was the company formerly known as?

Sustainable Green Team was formerly known as National Storm Recovery Inc.

When did Sustainable Green Team, Ltd. change its name?

Sustainable Green Team changed its name to its current one in July 2020.

What products does Sustainable Green Team manufacture and sell?

Sustainable Green Team manufactures, packages, and sells mulch to landscapers, installers, and garden centers.

What are the core offerings of Sustainable Green Team?

The core offerings of Sustainable Green Team include storm/disaster recovery services, tree and debris hauling and removal, biomass recycling, and mulch manufacturing.

Who are some of Sustainable Green Team's customers?

Sustainable Green Team serves governmental, residential, and commercial customers.

What regions does Sustainable Green Team operate in?

Sustainable Green Team is based in Apopka, Florida.

What makes Sustainable Green Team unique?

Sustainable Green Team sets itself apart by providing a range of storm/disaster recovery services, tree and debris hauling, biomass recycling, and mulch manufacturing to various customer segments.

SUSTAINABLE GREEN TEAM

OTC:SGTM

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SGTM Stock Data

47.09M
95.49M
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