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Quarter Ended Jun 30, 2020
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Nasdaq: SGBXSG Blocks, Inc.
SG Blocks, Inc. is the premier innovator in providing industry approved, code engineered cargo shipping containers to meet the growing demand for safe and green construction. Rather than consuming new steel and lumber, SG Blocks capitalizes on the structural engineering and design parameters a shipping container must meet and repurposes them for use in building. Offering a product that typically exceeds building code requirements, SG Blocks enables developers, architects, builders and owners to achieve greener construction, faster execution and stronger buildings of higher value and extended life.SG Blocks has an application in meeting safe and sustainable housing needs, particularly in hurricane and earthquake prone areas. Since its inception in 2007, SG Blocks has developed and implemented the technology to break away from standardized container construction at reduced costs and is committed to providing a construction methodology that will lessen the global carbon footprint.
Each container is a building block module that can be arranged in virtually any stacking configuration to create the spaces and volumes needed. Architectural creativity combined with engineering expertise is used in stacking and arranging the blocks, which can be interconnected and modified to suit the specific building space requirements.
SG Blocks' products have been featured in several media outlets including Fortune, NY Times, NY Post, USA Today, CNN, Washington Post and more. The company has completed projects for US Army and Navy, US Department of Veteran Affairs, The City of Santa Monica, Port of Houston Authority, Aman Resorts, BareBurger, Equinox, HGTV, Lacoste, Marriott Hotels & Resorts, Mini Cooper, Starbucks and more.
SG Blocks has an exclusive collaboration and supply contract with ConGlobal Industries Inc., the largest shipping container depot operator in the United States and an affiliation with PVE Sheffler, a prominent architectural and engineering services firm.