Sustainable Green Team Ltd. (SGTM) Expanding into Midwest, Meeting Increasing Demand for Environmentally Friendly Solutions

September 22, 2020 14:08:10
  • SGTM entered packaging agreement with Old Castle Lawn & Garden to supply large Midwest home improvement chains
  • Old Castle Lawn & Garden parent company CRH employs 80,300 people at more than 3,100 locations across 30 countries
  • SGTM dispatched team to assess damage from Hurricane Laura, one of the strongest in history
  • SGTMS’s Q2 results nearly doubled from Q1 to $12.3 million in revenue, $3.4 million in gross profit

As nationwide demand for environmentally sustainable solutions for waste increases, Sustainable Green Team (OTC: SGTM) –a leading provider of environmentally beneficial solutions for tree and storm waste disposal—continues to expand its footprint in the U.S. through a packaging agreement between its subsidiary Mulch Manufacturing Inc. and Old Castle Lawn & Garden to supply large home improvement chains in the Midwest. The recent agreement with Old Castle Lawn & Garden is the latest in a series of strategic moves in line with SGTM’s corporate strategy, which combines operation expansion, strategic acquisitions and internal investment—moves that have enabled the company to expand and profit at a time of global economic contraction.

As a wholly-owned subsidiary of CRH, Old Castle Lawn & Garden provides architectural products that include concrete masonry and hardscapes, packaged cement mixes, packaged lawn and garden products. Its parent company CRH is a leading global diversified building materials group that…

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