On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Sustainable Green Team Ltd. (SGTM) Marks Milestone with Permit Approval for Largest Facility

  • SGTM receives approval to accept debris, manufacture mulch at state-of-the art Jacksonville facility
  • Approval latest in notable list of milestones for expanding company
  • After posting record Q2 revenue numbers, CEO predicts another positive quarter

In yet another significant moment for the growing company, Sustainable Green Team (OTC: SGTM) received permit approval to accept debris and manufacture mulch at its largest facility, located in Jacksonville (http://nnw.fm/yw8vR). SGTM is a leading provider of environmentally beneficial solutions for tree and storm waste disposal.

“Another major achievement for our team and shareholders,” said SGTM CEO and director Tony Raynor. “Not only does this approval allow us to expand our services, it allows us to open a retail mulch supply location for retail customers; the infrastructure is already in place. I look forward to sharing more about our new approved site as well as many other updates as they progress.”

SGTM’s state-of-the-art, 100,000-square-foot Jacksonville facility sits on 28 acres of concrete and is ideally structured for the company to continue to pursue the strategic expansion of its debris collection and grapple hauling services. Permit approval came from the Jacksonville City Council, which voted on the ordinance with no opposition.

Other milestones for the company this year have included the addition of new grapple hauling trucks to its fleet (http://nnw.fm/6eP1c); the construction completion of a dual-line mulch bagger and fully automated electric grinding screening operation at its Apopka, Florida, landfill facility (http://nnw.fm/xS0Q0); and the diversification of revenue stream by receiving International Play Equipment Manufacturers Association (“IPEMA”) certification and approval to manufacture tree-waste material into playground surfacing material (http://nnw.fm/fJAFO).

In addition, SGTM released impressive figures for Q2 2020, recording $12,382,491 in revenue, $3,458,164 in gross profit, and $40,710,954 in total assets, with a strong position of $7,004,807 in cash and liquid investments (http://nnw.fm/8kBQ3).

“We are very pleased with our performance and direction,” said Raynor. “The positive recorded numbers were generated prior to achieving IPEMA certification for public surfacing material, which diversified our revenue stream; prior to construction at our Waste Management landfill facility, which further increased mulch manufacturing; and prior to the addition of new grapple hauling trucks to our fleet, which increased efficiency and production. The subsequent events look to lead us to another positive quarter, and we look forward to seeing how it all unfolds.”

Sustainable Green Team, through its subsidiaries, including National Storm Recovery LLC (DBA Central Florida Arbor Care and Mulch Manufacturing Inc.), provides tree services, debris hauling, removal and bio-mass recycling, manufacturing, packaging and sales of next-generation mulch products. The company’s primary corporate objective is to provide a solution for the treatment and handling of tree debris that is historically sent to local landfills and disposal sites, creating an environmental burden and pressure on disposal sites around the nation.

To learn more about Sustainable Green Team Ltd., view the company’s investor presentation at http://nnw.fm/UpXmd

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
212.418.1217 Office

NetworkNewsWire is part of the InvestorBrandNetwork.


Select A Month

NetworkNewsWire Currently Accepts



Bitcoin Cash

Bitcoin Cash

Doge Coin






USD Coin

USD Coin

Contact us: 212.418.1217