Star Equity Holdings' KBS Builders Wins $1.9M Initial Contract For A Multi-Phase Affordable Housing Project In Maine
Portfolio Pulse from Benzinga Newsdesk
Star Equity Holdings' subsidiary, KBS Builders, has won a $1.9 million initial contract to manufacture 12 modules for an affordable housing project in rural Maine. The first phase of the project will provide 18 affordable rental units, expected to be ready by early spring 2024. The project is part of a wider acceptance of modular manufacturing in local government organizations.
November 01, 2023 | 12:41 pm
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Star Equity Holdings' KBS Builders has secured a $1.9 million contract for an affordable housing project in Maine. This could potentially boost Star Equity's revenues and reputation in the modular manufacturing sector.
The contract win is a positive development for Star Equity Holdings as it could lead to increased revenues and further contracts in the future. The news also highlights the company's capabilities in the modular manufacturing sector, which could enhance its reputation and attract more business.
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