- U.S. government infrastructure plans, rising housing demand, seasonal trends pointing to potential 65% increase in lumber prices by end of 2021
- SGTM transforms storm waste into gardening mulch, playground surfacing material, specialty cypress lumber
- Clients include Circle K, The Kroger Company, 7-Eleven, Old Castle Lawn & Garden
- Company completed two-year audit, commenced FORM-10 process in preparation for NASDAQ uplist
Biden’s infrastructure plans, seasonal trends and an expected increase in housing demand are setting the stage for a potential 65% increase in the cost of lumber, according to experts (https://nnw.fm/6sa6C). Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, is positioned to benefit from rising prices through the manufacture of specialty cypress lumber via the company’s sawmill operations.
Lumber prices may have taken a fall from their 2020 peak, but analysts are expecting a sharp rebound by the end of 2021. The nearly $1 trillion bipartisan infrastructure deal, combined with the continued rise of housing prices and seasonal trends, is setting the stage for a massive increase in the cost of lumber according to Joshua Mahony, a senior market analyst at the IG trading platform (https://nnw.fm/6sa6C).
“There is good reasoning behind the idea that the losses we are seeing over recent months could soon enough bring another major buying opportunity for the bulls to come back into dominance,” said Mahony. “That reversal historically results in a bullish reversal to regain lost ground and bring us back into a positive end to the year. This current pullback is in fact part of a seasonal trend that typically resolves in a dramatic recovery towards the end of the year.”
SGTM is poised to benefit from the lumber price rally by providing synergistic and environmentally beneficial solutions to tree and storm waste disposal that have historically created environmental burdens on disposal sites around the country. Rather than allow this natural waste to be directed to landfills, SGTM collects tree biomass and transforms it into playground surfacing material, specialty cypress lumber, and a variety of organic, next-generation mulch products that allow water and air to penetrate the soil and roots — a vital process that promotes plant health and growth.
After concluding a record-breaking year in 2020 with impressive financial results so far in 2021, SGTM continues its expansion plans through a strategy that focuses on organic growth, relationships with strategic partners, and expanded relationships with top global franchises that include Circle K, The Kroger Company, 7-Eleven and Old Castle Lawn & Garden. In addition to completing a two-year audit, the company commenced its FORM-10 process to become fully reporting with future plans to uplist to NASDAQ.
SGTM’s centralized operations are based in Jacksonville, Florida across 26 acres with ample room to expand. With over 40 years of next-level experience with mulch manufacturing and tree management, SGTM’s leadership is committed to sustainably growing the company through a multi-pronged strategy that puts stewardship of the environment at the core of its mission.
To learn more about Sustainable Green Team, please visit www.NationalArborCare.com and view the investor presentation at http://nnw.fm/7NP9t.
NOTE TO INVESTORS: The latest news and updates relating to SGTM are available in the company’s newsroom at http://nnw.fm/SGTM
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork.
