Alpine 4 Holdings subsidiary Excel Fabrication wins $1.3M in construction services contracts in NW US

Alpine 4 Holdings Inc (OTCQB:ALPP) announced Thursday that its subsidiary Excel Fabrication was awarded $1.3 million in new contracts during the month of March to close out the first quarter.

These new projects, in the states of Idaho, Oregon and Washington, are for clients in the food processing industry, a major discount retailer and a state government agency, among others.

The new work has led to the company hiring in several areas to fulfill the exponential growth currently being experienced, the company said.

READ: Alpine 4 Holdings says subsidiary Quality Circuit Assembly delivered record $1.3 million in revenue over the month of March

Excel has also received its General Contractors license in the state of Washington, giving it the green light in four of its eight target states thus far.

“As seen throughout many parts of the country where Alpine 4 has a presence, Excel is also seeing demand spikes in Idaho and the NW region as COVID restrictions are lifting,” COO Jeff Hail said in a statement. “The ample positive feedback from various, recently built relationships between regional and national contractors has resulted in more diversified construction services opportunities. We will continue to acquire General Contractor licenses, expanding our footprint as we move into Q2.”

Excel Fabrication has been providing fabrication, design-build, installation, repairs, service, maintenance and turnarounds since 2008.

Contact Andrew Kessel at [email protected]

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Story by ProactiveInvestors