Metal Fabricator, Safe & Green Holdings Corp. (SGBX), announced Monday that its SG Echo subsidiary has executed a master purchase agreement with its real estate development subsidiary, Safe and Green Development Corp. to generate gross revenue of over $800 million.
The company expects that this agreement will generate an initial value of more than $140 million in net revenue for Safe and Green Development Corp. over a long period.
Also, it seems that the future expansion of the agreement will increase factory utilization to nearly 100%.
In pre-market activity, shares of Safe & Green Holdings Corp. are climbing 11.13%, to $0.5701 on the Nasdaq.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.