(Total Views: 136)
Posted On: 09/27/2022 8:28:58 AM
Post# of 23618
$FORZ big update here: Forza Innovations' Subsidiary Cooking Oil Recycler Sustainable Origins Introduces New, Larger Steel Collection Tanks; Provides Update
September 26, 2022 - The company announced the rollout of their newly designed steel storage tanks. The Company places these tanks at customer locations, where they are used to store used cooking oil that is then collected to convert to Biodiesel. The tanks have a higher storage capacity that will allow the Company to sign larger accounts. The Company will be able to serve a new category of clients, including large supermarket chains and commercial kitchens.
Huge for their business: They have an agreement in place with a group that owns 20 Popeyes Chicken restaurants where, if they can show proof of concept in one store, they can expand into all their locations. This should be completed within the next month. They are also negotiating an agreement with TankDepot to sell the steel tanks nationwide to other used cooking oil collection companies. Finally, the Company is starting to hire a sales force as well as additional drivers to grow their Charlotte-area business.
Great quote here: Sustainable Origins President Alex Stone is excited about the Company's recent progress, "We expect the next few months to be very productive. As we expand our team and develop new technologies the sky's the limit. At Sustainable Origins, we know that with great growth comes great responsibility, especially to the environment."
https://finance.yahoo.com/news/forza-innovati...00554.html
September 26, 2022 - The company announced the rollout of their newly designed steel storage tanks. The Company places these tanks at customer locations, where they are used to store used cooking oil that is then collected to convert to Biodiesel. The tanks have a higher storage capacity that will allow the Company to sign larger accounts. The Company will be able to serve a new category of clients, including large supermarket chains and commercial kitchens.
Huge for their business: They have an agreement in place with a group that owns 20 Popeyes Chicken restaurants where, if they can show proof of concept in one store, they can expand into all their locations. This should be completed within the next month. They are also negotiating an agreement with TankDepot to sell the steel tanks nationwide to other used cooking oil collection companies. Finally, the Company is starting to hire a sales force as well as additional drivers to grow their Charlotte-area business.
Great quote here: Sustainable Origins President Alex Stone is excited about the Company's recent progress, "We expect the next few months to be very productive. As we expand our team and develop new technologies the sky's the limit. At Sustainable Origins, we know that with great growth comes great responsibility, especially to the environment."
https://finance.yahoo.com/news/forza-innovati...00554.html
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