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$SGTM News: Sept. 03, 2020 (GLOBE NEWSWIRE) -- Sus

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Posted On: 09/04/2020 1:21:29 PM
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Posted By: budfoxfun
$SGTM News: Sept. 03, 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, Mulch Manufacturing, Inc., has secured a packaging agreement with Old Castle Lawn & Garden to supply large home improvement chains in the Midwest.

Old Castle Lawn & Garden is a wholly owned subsidiary of CRH, a leading global diversified building materials group that employs over 80,300 people at more than 3,100 locations in 30 countries.

SGTM’s CEO and Director Tony Raynor states, “I am honored to have been engaged by Old Castle Lawn & Garden and to secure a packaging agreement with this global company, increasing our strategic partnerships.”

SGTM shared last week that it dispatched its National Storm Recovery, Ltd. team to assess the damages from Hurricane Laura. The Company’s team is still on-site in impacted areas and encourages viewers to follow the live video coverage as SGTM now finalizes its strategy for recovery to assist in restoring the community. The assessment team’s efforts, including live updates and video coverage, can be followed through the Company’s social media site.

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.


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