Latest news with #Safe&Green
Business Insider
13 hours ago
- Business
- Business Insider
Bringing American-made containment solutions back with Safe & Green
Mobile containment systems have been necessary in certain industries for a long time. This is especially true for heavily regulated industries that include energy production, medical facilities, and waste management. Safe & Green Holdings, which builds modular containerized systems, understands that sustainability and cost efficiency are important in the American manufacturing market, especially during times when they are needed most. Invaluable During Crisis Scenarios If the COVID-19 pandemic taught the world anything, it's that solutions during crises are required as quickly as possible. With their modular systems, Safe & Green was able to rapidly deploy mobile medical labs and walk-in clinics to help during the COVID-19 pandemic. Their testing centers across the United States were invaluable to relief efforts throughout this tumultuous time in world history, when medical facilities were overwhelmed with patients. A Leader at the Helm CEO Michael McLaren leads Safe & Green with what has been described as a 'pragmatic and scientifically rigorous approach.' By drawing from his background in high-energy and plasma physics, McLaren advocates for balanced strategies that combine innovation with environmental responsibility. However, McLaren isn't just about innovation. Under his leadership, Safe & Green is committed to providing American-made, Texas-based solutions that help businesses not only meet their regulatory standards but also cut costs and reduce environmental impact in the process. Innovation in Energy and the Environment One of Safe & Green's core offerings is the company's multi-functional service rigs, which have been dubbed the 'Swiss Army knife of the oil patch.' These rigs are capable of consolidating numerous functions to help reduce the number of diesel engines that are needed on drilling sites. This not only helps lower emissions but also reduces operational costs. Safe & Green's containment technology also helps clients avoid the high costs and environmental risks of transporting hazardous or contaminated materials and enables safer on-site processing for those working at their locations. Safe & Green's Philosophy Safe & Green has aligned itself with the growing national sentiment that favors energy independence and onshoring of production. McLaren, its CEO, believes that America has enough resources to meet its own energy demands, particularly through the responsible revitalization of oil and natural gas reserves. He also emphasizes that cleaner production methods can mitigate the heavy environmental footprint of traditional energy sources, which often leave large carbon footprints that can be damaging to the environment. The company's overall mission is to enable sustainable solutions within industries that both align with regulatory demands and environmental goals, all while boosting American jobs and reducing reliance upon foreign imports. Combining Rigor With Responsibility Safe & Green Holdings works to combine scientific vigor and environmental responsibility, alongside economic efficiency, to deliver cutting-edge solutions for major industries. Their keen eye on the future of American energy, as well as a commitment to sustainable growth, gives the company a forward-thinking stance, not just a push for domestic innovation, but for energy independence. When things get tough, Safe & Green Holdings can be depended upon to help industries build containment systems that not only make work more productive, but also safer.
Associated Press
02-06-2025
- Business
- Associated Press
Safe & Green Holdings Corp. Signs Letter of Intent to Acquire Giant Containers Inc.
MIAMI, FL, June 02, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) ('Safe & Green Holdings' or the 'Company'), a leading designer and fabricator of modular structures, and a developer of diversified platforms that advance critical infrastructure through sustainable innovation, announces the signing of a non-binding Letter of Intent ('LOI') to acquire Giant Containers Inc., a recognized leader in modular, container-based infrastructure solutions. Under the terms of the LOI, Safe & Green will acquire 100% of the issued and outstanding shares of Giant Containers. The transaction also includes the appointment of Giant's CEO, Daniel Kroft, as Vice President of Business Development at Safe & Green. Giant Containers is a global developer of custom modular shipping container structures, trusted by some of the world's most iconic brands and institutions including Tesla, Nike, General Motors, and Yale University. With years of experience serving the residential, commercial, industrial, and government sectors, Giant Containers has earned a reputation for award-winning, high-quality craftsmanship, cutting-edge design, and sustainable construction practices. Giant currently has more than $6.8 million in active projects under contract. As part of the transaction, Safe & Green will assume these projects and client relationships, and will serve as the primary manufacturing arm for these and future projects post-closing. Giant's pipeline of projects includes commercial, residential, and industrial builds across North America, with clients such as Live Nation, Houston Airport, and GCT Deltaport, among others. Safe & Green Chairman and CEO, Mike McLaren commented, 'This strategic acquisition directly supports our mission to transform critical infrastructure through modular, ESG-aligned solutions. Giant brings a robust portfolio of current and upcoming projects, a strong pipeline of repeat clients, and deep expertise in modular construction. Additionally, bolstering our executive team with Daniel Kroft with his industry experience and entrepreneurial leadership will be instrumental in driving future growth as we strengthen our commitment to building long-term shareholder value.' The proposed acquisition remains subject to customary conditions, including satisfactory due diligence, final negotiation and execution of definitive agreements, board approvals, and any necessary regulatory approvals. Final terms in the definitive agreements are subject to change from the LOI, closing is anticipated on or before June 15, 2025. About Safe & Green Holdings Corp. Safe & Green Holdings Corp., a leading modular solutions company, operates under core capabilities which include the development, design, and fabrication of modular structures, meeting the demand for safe and green solutions across various industries. The firm supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value. For more information, visit and follow us at @SGHcorp on Twitter. Safe Harbor Statement Certain statements in this press release constitute 'forward-looking statements' within the meaning of the federal securities laws. Words such as 'may,' 'might,' 'will,' 'should,' 'believe,' 'expect,' 'anticipate,' 'estimate,' 'continue,' 'predict,' 'forecast,' 'project,' 'plan,' 'intend' or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions and include statements regarding the execution of the non-binding letter of intent with Giant Containers, Inc. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company's ability to successfully negotiate and execute definitive documents for the acquisition of Giant Containers, Inc., the Company's ability to successfully fulfill the manufacturing of Giant Container's projects, the Company's ability to maintain compliance with the NASDAQ listing requirements, and the other factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law. Investor Relations: CORE IR 516 222 2560 [email protected]
