SGTM - Sustainable Green Team Ltd. (SGTM) Positioned to Benefit from Expected 65% Lumber Price Rally
- U.S. government infrastructure plans, rising housing demand, seasonal trends pointing to potential 65% increase in lumber prices by end of 2021
- SGTM transforms storm waste into gardening mulch, playground surfacing material, specialty cypress lumber
- Clients include Circle K, The Kroger Company, 7-Eleven, Old Castle Lawn & Garden
- Company completed two-year audit, commenced FORM-10 process in preparation for NASDAQ uplist
Biden’s infrastructure plans, seasonal trends and an expected increase in housing demand are setting the stage for a potential 65% increase in the cost of lumber, according to experts (https://ibn.fm/K3vD5). Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, is positioned to benefit from rising prices through the manufacture of specialty cypress lumber via the company’s sawmill operations.
Lumber prices may have taken a fall from their 2020 peak, but analysts are expecting a sharp rebound by the end of 2021. The nearly $1 trillion bipartisan infrastructure deal, combined with the continued rise of housing prices and seasonal trends, is setting the stage for...
NOTE TO INVESTORS: The latest news and updates relating to SGTM are available in the company’s newsroom at http://ibn.fm/SGTM
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