Latest news with #BradleyNattrass
Associated Press
16-04-2025
- Business
- Associated Press
urban-gro, Inc. Awarded Three New Contracts with Fogo de Chão
LAFAYETTE, COLORADO / ACCESS Newswire / April 16, 2025 / urban-gro, Inc. (NASDAQ:UGRO) ('urban-gro' or the 'Company'), an integrated professional services and Design-Build firm offering solutions to multiple sectors, today announced that the firm has secured three new contracts with the internationally renowned restaurant from Brazil, Fogo de Chão. The Company has been awarded a comprehensive construction contract for a new restaurant in Murray, Utah, where they will oversee the entire project lifecycle from preconstruction to post-construction phases. Additionally, the Company has also been awarded two Construction Management ('CM') contracts, taking a leadership role in overseeing the construction process while acting as the owner's representative. In this capacity, the Company will define project objectives, deliverables, and timelines to ensure smooth execution for new restaurant locations in Las Vegas, Nevada and Rancho Cucamonga, California. These new agreements build upon urban-gro's existing portfolio of ongoing projects with Fogo de Chão in Texas and Colorado, demonstrating the client's continued trust in the Company. Work on all three projects is set to begin immediately, with the bulk of the revenue anticipated to be recognized by the third quarter of 2025. 'We look forward to further solidifying our partnership with Fogo de Chão with the effective execution of these new contracts,' said Bradley Nattrass, urban-gro Chairman and CEO. 'These projects showcase urban-gro's versatility in the commercial sector by highlighting our ability to deliver tailored, integrated solutions across diverse markets. We're thrilled to bring our hospitality expertise to these new locations.' About urban-gro, Inc. urban-gro, Inc.® (Nasdaq:UGRO) is an integrated professional services and Design-Build firm. We offer value-added architectural, engineering, and construction management solutions to the Controlled Environment Agriculture ('CEA'), industrial, healthcare, and other commercial sectors. Innovation, collaboration, and creativity drive our team to provide exceptional customer experiences. With offices across North America and in Europe, we deliver Your Vision - Built. Learn more by visiting About Fogo de Chão Fogo de Chão (fogo-dee-shown) is an internationally renowned restaurant from Brazil that elevates the culinary art of churrasco - the art of roasting high-quality cuts of meat over an open flame - into a cultural dining experience. Fogo is famed for its prix fixe Full Churrasco Experience that offers a continuous selection of premium cuts butchered daily by gaucho chefs, simply seasoned and grilled to create a craveable salty bark, then carved tableside. The naturally gluten-free Market Table offers a selection of seasonal salads, charcuterie, exotic fruit, superfoods and more. From celebratory to everyday occasions, Fogo provides selections for every daypart, including All-Day Happy Hour at Bar Fogo, Weekday Lunch, Dinner, and Weekend Brazilian Brunch. Guests can enhance their experience with offerings ranging from a shareable Wagyu New York Strip, South American wines, and more. For locations and to book a reservation to experience the fire of Fogo, visit Safe Harbor Statement This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this release, terms such as 'believes,' 'will,' 'expects,' 'anticipates,' 'may,' 'projects' and similar expressions and variations as they relate to the Company, or its management are intended to identify forward-looking statements. The forward-looking statements in this press release include, without limitation, future events, future performance, and the timing of completion of projects. These and other forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including, among others, our ability to successfully manage and integrate acquisitions, our ability to accurately forecast revenues and costs, competition for projects in our markets, our ability to predict and respond to new laws and governmental regulatory actions, including delays granting licenses to clients or potential clients and delays in passage of legislation expected to benefit our clients or potential clients, our ability to successfully develop new and/or enhancements to our product offerings and develop a product mix to meet demand, risks related to adverse weather conditions, supply chain issues, rising interest rates, economic downturn or other factors that could cause delays or the cancellation of projects in our backlog or our ability to secure future projects, our ability to maintain favorable relationships with suppliers, risks associated with reliance on key customers and suppliers, our ability to attract and retain key personnel, results of litigation and other claims and insurance coverage issues, risks related to our information technology systems and infrastructure, risks associated with climate change and ESG matters, our ability to maintain effective internal controls, our ability to execute on our strategic plans, our ability to achieve and maintain cost savings, the sufficiency of our liquidity and capital resources, and our ability to achieve our key initiatives for 2023, particularly our growth initiatives. A more detailed description of these and certain other factors that could affect actual results is included in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date hereof, except as may be required by law. Investor Contacts: Jeff Sonnek - ICR, Inc. (720) 730-8160 [email protected] Media Contact: Barbara Graham - urban-gro, Inc. (720) 903-1139 [email protected] SOURCE: urban-gro, Inc. press release
Associated Press
20-03-2025
- Business
- Associated Press
urban-gro Awarded $1.2M Contract for K-12 Architectural Design with Muscogee County School District
LAFAYETTE, CO / ACCESS Newswire / March 20, 2025 / urban-gro, Inc. (NASDAQ:UGRO) ('urban-gro' or the 'Company'), an integrated professional services and Design-Build firm offering solutions to multiple commercial sectors, today announced that its architectural division has signed a professional services agreement valued at approximately $1.2 million to provide architectural design services for campus enclosures with the Muscogee County School District in Georgia. The enclosures are a part of the district's initiative to enhance student safety and security throughout all its 53 schools. Many older campuses in the district feature open-air breezeways, and the goal is to enclose those pathways wherever feasible, creating a more cohesive, modern campus design that mirrors the functionality of a single building. The Company anticipates recognizing the majority of the project's revenue over the next three quarters of 2025. 'We are proud to strengthen our partnership with the Muscogee County School District and contribute to their mission of creating safe, modern, and functional learning environments,' said Bradley Nattrass, Chairman and CEO of urban-gro. 'As members of the Columbus, Georgia community, it is especially meaningful to play a role in enhancing campus infrastructure. By improving cohesion and security, these upgrades will provide lasting benefits for students and educators for years to come.' About urban-gro, Inc. urban-gro, Inc.® (NASDAQ:UGRO) is an integrated professional services and Design-Build firm. We offer value-added architectural, engineering, and construction management solutions to the Controlled Environment Agriculture ('CEA'), industrial, healthcare, and other commercial sectors. Innovation, collaboration, and creativity drive our team to provide exceptional customer experiences. With offices across North America and in Europe, we deliver Your Vision - Built. Learn more by visiting Safe Harbor Statement This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this release, terms such as 'will,' 'aims,' 'anticipates,' 'may,' 'look forward,' 'projects' and similar expressions and variations as they relate to the Company or its management are intended to identify forward-looking statements. The forward-looking statements in this press release include, without limitation, the expected magnitude and timing of revenue to be recognized from the design project described herein, the anticipated design and safety elements of the project, and the lasting benefits to students and educators. These and other forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including, among others, our ability to accurately forecast revenues and costs, our ability to predict and respond to new laws and governmental regulatory actions, including delays granting licenses to clients or potential clients and delays in passage of legislation expected to benefit our clients or potential clients, risks related to adverse weather conditions, supply chain issues, rising interest rates, economic downturn or other factors that could cause delays or the cancellation of projects in our backlog or our ability to secure future projects, our ability to maintain favorable relationships with suppliers, risks associated with reliance on key customers and suppliers, our ability to attract and retain key personnel, and risks related to our information technology systems and infrastructure. A more detailed description of these and certain other factors that could affect actual results is included in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date hereof, except as may be required by law. Investor Contact: Jeff Sonnek - ICR, Inc. Barbara Graham - urban-gro, Inc. (720) 903-1139 SOURCE: urban-gro, Inc.
Associated Press
26-02-2025
- Business
- Associated Press
urban-gro Secures $4M Contract as Lead Design Firm for Medical Center
LAFAYETTE, CO / ACCESS Newswire / February 26, 2025 / urban-gro, Inc. (NASDAQ:UGRO) ('urban-gro' or the 'Company'), an integrated professional services and Design-Build firm offering solutions to multiple sectors, today announced that its architectural division has signed the first phase of a professional services agreement valued at approximately $4 million to serve as the lead designer for a new hospital located in the southeastern U.S. The project aims to bring heightened access to state-of-the-art medical care closer to home for members of the community. With an anticipated phase one project construction value of $80 million, urban-gro will provide architectural, interior design, and project management services to the longstanding regional healthcare client. The Company anticipates recognizing the majority of the project's revenue this year. In future phases, urban-gro will also provide this client with master planning and design services for an additional eighty acres of development. 'We look forward to utilizing our deep knowledge and understanding of the intricacies that come with healthcare design to help shape this new medical center,' said Bradley Nattrass, Chairman and CEO of urban-gro. 'Our team's innovative approach thoughtfully integrates functionality with a human-centered focus, ensuring a high quality and compassionate healthcare experience for all who interact with the space.' About urban-gro, Inc. urban-gro, Inc.® (NASDAQ:UGRO) is an integrated professional services and Design-Build firm. We offer value-added architectural, engineering, and construction management solutions to the Controlled Environment Agriculture ('CEA'), industrial, healthcare, and other commercial sectors. Innovation, collaboration, and creativity drive our team to provide exceptional customer experiences. With offices across North America and in Europe, we deliver Your Vision - Built. Learn more by visiting Safe Harbor Statement This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this release, terms such as 'will,' 'aims,' 'anticipates,' 'may,' 'look forward,' 'projects' and similar expressions and variations as they relate to the Company or its management are intended to identify forward-looking statements. The forward-looking statements in this press release include, without limitation, the expected magnitude and timing of revenue to be recognized from the design project described herein. These and other forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including, among others, our ability to accurately forecast revenues and costs, our ability to predict and respond to new laws and governmental regulatory actions, including delays granting licenses to clients or potential clients and delays in passage of legislation expected to benefit our clients or potential clients, risks related to adverse weather conditions, supply chain issues, rising interest rates, economic downturn or other factors that could cause delays or the cancellation of projects in our backlog or our ability to secure future projects, our ability to maintain favorable relationships with suppliers, risks associated with reliance on key customers and suppliers, our ability to attract and retain key personnel, and risks related to our information technology systems and infrastructure. A more detailed description of these and certain other factors that could affect actual results is included in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date hereof, except as may be required by law. Jeff Sonnek - ICR, Inc. Media Contact: Barbara Graham - urban-gro, Inc. (720) 903-1139
Associated Press
06-02-2025
- Business
- Associated Press
urban-gro, Inc. Signs $24 Million Construction Contract With Leading Midwest MSO
LAFAYETTE, COLORADO / ACCESS Newswire / February 6, 2025 / urban-gro, Inc. (Nasdaq:UGRO) ('urban-gro' or the 'Company'), an integrated professional services and Design-Build firm offering solutions to the Controlled Environment Agriculture ('CEA') and commercial sectors, today announced the signing of the construction phase of a significant Design-Build contract with a leading Midwest-based Multi-State Operator ('MSO') to build their state-of-the-art vertically integrated cannabis facility. Valued at close to $24 million, this contract milestone follows the successful completion of the facility design and preconstruction phases. The Company anticipates recognizing the project's revenue this calendar year. 'We are excited to deepen our partnership with this client through the execution of the next phase of our Design-Build contract. Our collaboration with this MSO highlights our strategic focus and extensive industry expertise, where the demand for innovative and efficient facilities is paramount,' said Bradley Nattrass, Chairman and CEO of urban-gro. About urban-gro, Inc. urban-gro, Inc.® (Nasdaq:UGRO) is an integrated professional services and Design-Build firm. We offer value-added architectural, engineering, and construction management solutions to the Controlled Environment Agriculture ('CEA'), industrial, healthcare, and other commercial sectors. Innovation, collaboration, and creativity drive our team to provide exceptional customer experiences. With offices across North America and in Europe, we deliver Your Vision - Built. Learn more by visiting Safe Harbor Statement This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this release, terms such as 'believes,' 'will,' 'expects,' 'anticipates,' 'may,' 'projects' and similar expressions and variations as they relate to the Company or its management are intended to identify forward-looking statements. The forward-looking statements in this press release include, without limitation, the expected magnitude and timing of revenue to be recognized from the Design-Build project described herein, demand for design-build services in the cannabis industry, and future collaborations with the client. These and other forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including, among others, our ability to accurately forecast revenues and costs, our ability to predict and respond to new laws and governmental regulatory actions, including delays granting licenses to clients or potential clients and delays in passage of legislation expected to benefit our clients or potential clients, risks related to adverse weather conditions, supply chain issues, rising interest rates, economic downturn or other factors that could cause delays or the cancellation of projects in our backlog or our ability to secure future projects, our ability to maintain favorable relationships with suppliers, risks associated with reliance on key customers and suppliers, our ability to attract and retain key personnel, and risks related to our information technology systems and infrastructure. A more detailed description of these and certain other factors that could affect actual results is included in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date hereof, except as may be required by law. Jeff Sonnek - ICR, Inc. (720) 730-8160 Media Contact: Barbara Graham - urban-gro, Inc. (720) 903-1139 SOURCE: urban-gro, Inc.
