SGTM - Sustainable Green Team (SGTM) Signs Memorandum of Understanding Agreement for Southeastern U.S. Waste Management Project | Benzinga
ORLANDO, Fla., March 22, 2024 (GLOBE NEWSWIRE) -- Sustainable Green Team, Inc. (OTCQX:SGTM) () ("SGTM" or "the Company"), a leading provider of sustainable waste management solutions, announced signing a Memorandum of Understanding (MOU) agreement for a waste management project in the southeastern United States. The MOU, signed on March 15, 2024, will remain in effect for 36 months, with joint commitments expected to generate sales of approximately $100 million.
The MOU agreement calls for core technologies to address several unique waste treatment processes in specific client segments as follows:
- Hog/Swine farms and pork production facilities.
- Chicken and poultry processing facilities.
- Military bases pollutants, waste, chemical by-products, and other base treatment facilities.
As per the above specific segments, SGTM has granted an exclusive distribution right to an agent in a defined territory including complete access to SGTM's products and services.
The Agreement expands SGTM's presence in the southeastern United States and will create a distribution hub to improve the overall living conditions in the region. The MOU also solidifies the partnership between SGTM and the project stakeholders, detailing both parties' collaborative commitments to design and implement SGTM's processes in the region and effectively leverage the core technologies ...
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