Safe & Green Holdings (formerly SG Blocks, Inc.) is a developer, designer, and fabricator of modular structures to meet the growing demand for safe and green construction. Using repurposed shipping containers, the Company transforms these modules into various forms of real estate, including homes, restaurants, retail shops, and more, worldwide. Since acquiring SG Echo in late 2020, SG Blocks’ focus has shifted into modular construction, focused on innovating and exploring the use of new materials to enhance its structures (where traditionally such building would be either with wood or light gauge steel). The Company’s products exceed many standard building code requirements and support developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value. The Company currently owns and operates its main manufacturing campus in Durant, Oklahoma (SG Echo), which provides an internal means of controlling production. It also enables SG Blocks to expand the applications for the Company’s modules and affords the ability to vertically integrate a large portion of its cost of goods sold. Additionally, it increases margins, productivity, and efficiency in areas of design, estimating, manufacturing, and delivery. SG Blocks’ current manufacturing pipeline is estimated at $750 million, largely driven by commercial clients and SGB Development Corp (SGB DevCorp), a wholly-owned subsidiary formed in February 2021 for the purpose of real property development using the Company’s technologies.
* The Corporate Snapshot was last updated on September 14, 2022.
