SG ECHO Selected as Exclusive Manufacturer for Street Food USA
September 10 2021 - 8:30AM
Business Wire
Initial design build contract will employ 35 SG
Blocks Modules
SG Blocks, Inc. (NASDAQ: SGBX) (“SG Blocks” or the “Company”), a
leading designer, innovator and fabricator of modular structures,
announced today that SG ECHO has been selected as Street Food USA’s
exclusive manufacturer in the United States for its national
modular rollout of food halls.
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the full release here:
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SG ECHO Selected as Exclusive
Manufacturer for Street Food USA (Photo: Business Wire)
Street Food’s expertise lies within defining concepts and
locations for new, permanent food markets, with one of its original
and most popular being in Europe, Aarhus Street Food, in
Denmark.
Street Food USA establishes and manages street food markets that
focus on local entrepreneurship, sustainable economic growth, and
small business by bringing together independent owner-operated
kitchens.
“After two and a half years of market research and dialogue with
a handful of the leading experts within modular-construction, SG
Blocks proved to be the perfect match for Street Food USA,” Thomas
Bendtsen, Founder & CEO of Street Food USA noted. “We are
excited that we are going to work side by side with SG Blocks in
the years to come. Partners such as SG Blocks are the cornerstone
of our strategy when rolling out our concept in the U.S.”
“We have a special soft spot for small and innovative businesses
at SG Blocks. We couldn’t be happier to team up with Street Food
USA to empower small kitchen owners and local business,” Paul
Galvin, Chairman and CEO of SG Blocks explained. “SG Blocks’
capabilities truly allow for the kind of creative freedom that
Street Food USA is looking for.”
While Street Food USA’s model can be deployed anywhere, its
mission is locally anchored to contribute to gender, ethnic, and
cultural diversity on the local level through food and unique
dining experiences.
SG Blocks will provide architectural design, consulting, and
engineering services for the project. The initial design build
contract will employ 35 SG Blocks Modules. The first location
planned is in the Southern United States. Updates are to follow as
further details become available.
About SG Blocks, Inc. SG Blocks, Inc. is a premier
innovator in advancing and promoting the use of code-engineered
cargo shipping containers for safe and sustainable construction.
The firm offers a product that exceeds many standard building code
requirements, and also supports developers, architects, builders
and owners in achieving greener construction, faster execution, and
stronger buildings of higher value. Each project starts with
GreenSteel™, the structural core and shell of an SG Blocks
building, and then customized to client specifications. For more
information, visit www.sgblocks.com.
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 plans to roll out modular food halls
for Street Food USA, with SG Blocks as designer, engineer, and
architectural consultant. While SG Blocks 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 provide Street Food
USA with modular units as planned, the Company’s ability to
position itself for future profitability, 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, 2020 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210910005029/en/
Investors: Stephen Swett (203) 682-8377
investors@sgblocks.com
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