- Some estimate the U.S. will run out of landfill space within 15 years
- This year’s hurricane season expected to have above average activity
- SGTM, through its subsidiaries, provides tree services, debris hauling and removal, biomass recycling, mulch manufacturing, packaging, sales
This month, the world watched as Hurricane Elsa made landfall in Cuba on July 5, tore through Jacksonville, Florida days later and then proceed to wreak havoc up the East Coast and into Atlantic Canada (https://ibn.fm/uN9tu
). Indeed, the latest iteration of hurricane season is upon us, and it’s expected to be an above average year for activity, which has cities scrambling to fill public works jobs and Sustainable Green Team (OTC: SGTM)
readying its crews for months of debris removal (https://ibn.fm/QFILQ
Officially, the Atlantic hurricane season, which covers the Atlantic Ocean, Gulf of Mexico and the Caribbean Sea, runs from June 1 – November 30. By definition, Elsa, the first of the year, was only a Category 1 hurricane, but it certainly demonstrated the raw power of torrential winds and rain that downed countless trees and left over 100,000 without power in its wake, including over 85,000 in New Jersey alone (https://ibn.fm/EjbBy
Sustainable Green Team, Ltd., through its subsidiaries, including National Storm Recovery LLC, provides tree services, debris hauling and removal, biomass recycling, mulch manufacturing, packaging and sales. The Delaware-based 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.
To understand the importance of Sustainable Green Team’s work, consider that SWEEP (Solid Waste Environmental Excellence Performance) contests that the U.S. is charting a course to run out of landfill space in the next 15 years (https://ibn.fm/DIvZS
). Environmentalists also warn that uncaptured methane gas from landfills was the third biggest contributor to human-related methane emissions in the U.S. in 2018, with the equivalency to carbon dioxide emissions from 20.6 million passenger vehicles driven for one year (https://ibn.fm/esAPI
Sustainable Green Team’s solutions are rooted in sustainability and based on vertically integrated operations. In the event of a storm, SGTM’s team is deployed from a mobile command center to designated sites to strategize with national partners comprised of government agencies, prime contractors, and subcontractors.
Next, its tree services division and fleet of trucks and machinery cut and gather tree debris for collection sites. From there, the processing division takes over, using the tree debris as feedstock that is turned into a variety of organic, next-generation mulch products that are subsequently sold to landscapers, installers and garden centers.
In short, a downed tree isn’t used for another layer in a landfill; it’s recycled into a premium product for SGTM’s municipal, commercial, and residential customers. Better still, it helps in the efforts to prevent deforestation.
The company is far removed from a typical OTC company. It has six different production facilities covering hundreds of acres in Florida and Georgia. It also has seven co-packing partners, 23 distribution centers, eight intermodal ramps, and direct contracts with CSX and Norfolk Southern to move product by rail. In 2020, SGTM acquired Ohio-based Mulch Manufacturing, widening its national footprint and adding contracts for bagged mulch with big box stores to its revenue stream.
To that point, SGTM has parlayed it environmentally friendly processes into growing sales. The Company reported record revenue of $9.29 million, $1.4 million in gross profit and $41.48 million in total assets for the quarter ended April 30, 2021.
No one likes to hear about a hurricane or the see the devastation one leaves behind. Unfortunately, it makes for good news reports for a few days, but then the cameras disappear, and communities are left to pick up the pieces. Thankfully, a company like SGTM is there with the complete infrastructure to assist in the eco-friendly manner to see that the environmental damage doesn’t have to be any more than it already is.
For more information on Sustainable Green Team Management, visit www.CentralFloridaArborcare.com
NOTE TO INVESTORS
: The latest news and updates relating to SGTM are available in the company’s newsroom at http://ibn.fm/SGTM
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