- One of recent history’s largest snowstorms struck United States’ Eastern seaboard in mid-December
- Over 60 million Americans were placed under winter storm advisories, with the Governors of New York and Pennsylvania declaring state of emergency
- 2020 has been characterized by its extraordinary storm season, which has already seen six major hurricanes and 30 tropical storms cause estimated $38 billion in overall damage
- Sustainable Green Team specializes in providing environmentally beneficial solutions for tree, storm waste disposal
- Company witnessing surge in demand for tree recovery and debris collection services as result of ongoing storm season
The week of December 14, 2020 brought with it the biggest winter storm to hit the United States’ mid-Atlantic seaboard in years. Heavy snows moved into New York City with the National Weather Service forecasting that some areas in northeastern United States would receive as much as 20 inches of snow as a result of the moisture-laden system, placing it amongst the heaviest December snowstorms on record (https://nnw.fm/jMfVV). However, the Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, has been preparing for just such an eventuality in a year which has already been marked by a series of extraordinary weather events.
The Sustainable Green Team’s wholly owned subsidiary, National Storm Recovery LLC, is composed of a team boasting expertise in dangerous tree removal, debris hauling and debris management. The company’s management team assesses storms by deploying its mobile command center to designated sites and then strategizing with its national partners, which include government agencies, prime contractors and subcontractors.
While damage assessments from the snowstorm are yet to be disclosed, they are likely to be significant in nature. Over 60 million Americans have been placed under winter storm advisories, watches and warnings in a vast swathe of area ranging from northern Georgia to New England, with the governors of New York and Pennsylvania responding to the snowstorms by declaring a state of emergency – as a cold weather front, wind gusts topping 50 mph and high levels of snowfall ravage the eastern seaboard (https://nnw.fm/D8aEB). Meanwhile, state utilities have warned residents to be prepared for potential power outages, in the event of downed power lines or other related mishaps (https://nnw.fm/EDMzL).
“Confidence is high that this winter storm will result in significant impacts, including travel disruptions and power outages across much of the mid-Atlantic and southern New England,” the Weather Prediction Center noted (https://nnw.fm/0fUNR).
The 2020 Atlantic hurricane season was one that was destined for the record books before it even started. Meteorologists began calling for an above-average storm season as early as December 2019 (https://nnw.fm/H2FdP), with predictions of 15-20 named storms and four major hurricanes. However, in remarkable contrast to initial forecasts, the Atlantic hurricane season has thus far comprised of upwards 30 tropical storms, 13 hurricanes and six major hurricanes with initial assessments estimating the cumulative economic impact of the storms at over $38 billion (https://nnw.fm/NYiEm).
Nonetheless, the active storm season has led to a commensurate increase in the demand for tree recovery/collection services, which in turn has translated into greater sales for the Sustainable Green Team’s services.
“Storm recovery is a multibillion-dollar business, and we are prepared to help in any cleanup process,” stated SGTM CEO and Director Tony Raynor.
To learn more about Sustainable Green Team Ltd., view the 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
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork.
