SG Blocks, Inc. (NASDAQ:SGBX) (“SG Blocks” or the “Company”), a leading designer, innovator and fabricator of modular structures, announced today that SG ECHO would be engaging in a collaborative effort with ATCO Structures & Logistics, a one-stop provider of integrated energy, housing, transportation and infrastructure solutions.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210811005122/en/
SG ECHO to Collaborate with ATCO Structures on National Modular Fleet Rollout. (Photo: Business Wire)
ATCO has committed 20 units to be produced by SG ECHO as a part of a national roll out of modular fleet units throughout the U.S. With this, SG ECHO has the opportunity to continue providing ATCO with ongoing support through this initiative, which will require continued production over a number of years.
Plans are to produce in volumes with larger, more scalable orders as needed.
“We’re pleased to have started the project and for a company whom we have great respect,” Paul Galvin Chairman and CEO noted. “It’s satisfying to provide modular structures to assist an organization who believes in the capability of modular construction just as much as we do.”
The initial units are to be delivered in Q3 of 2021. Company will continue to keep updated as the status progresses.