Safe & Green Purchases Waldron Manufacturing Facility In Durant, Oklahoma, Which Subsidiary SG Echo Has Been Leasing
Portfolio Pulse from Benzinga Newsdesk
Safe & Green (SGBX) has purchased the Waldron Manufacturing Facility in Durant, Oklahoma, which its subsidiary SG Echo has been leasing.

June 12, 2023 | 12:43 pm
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SGBX acquires the Waldron Manufacturing Facility, which its subsidiary SG Echo has been leasing, potentially leading to cost savings and increased control.
The acquisition of the Waldron Manufacturing Facility by SGBX directly affects the company as it eliminates leasing costs for its subsidiary SG Echo. This could lead to cost savings and increased control over the facility, positively impacting SGBX's stock price in the short term.
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