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Alpine 4 Holdings says subsidiary Morris Sheet Metal awarded $2.3M in new building projects

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Alpine 4 Holdings Inc (OTCQB:ALPP) announced that its subsidiary Morris Sheet Metal (MSM) has been awarded $2.3 million in new building projects, bringing the company’s backlog production work to $9.8 million. 

The company noted that MSM’s backlog has recently grown, thanks to its ability to deliver to its healthcare, food process industry, industrial, and educational customers. 

READ: Alpine 4 Holdings subsidiary Alternative Laboratories adds $2M in backlog nutritionals orders

MSM’s new building projects include:

  • Northeast Indiana’s largest healthcare provider recently awarded MSM several projects totaling over $500,000 in new work; 
  • An additional orthopedic healthcare project in eastern Ohio has brought in $1.3 million; 
  • MSM’s food processing industry work accounts for $450,000 in new jobs; and 
  • A number of MSMs industrial maintenance customers and educational partners have brought various new work combining roughly $100,000 in new projects.

“We are proving to our customers, employees and competitors that MSM is a top-tier contractor,” said Tom Laubhan, MSM president, in a statement.

“Our process is eliminating redundancy, maximizing our most efficient assets, increasing purchasing power and strengthening our team. Construction trades labor is still very scarce, though we are having excellent results with our new apprentices. MSM has a great culture of ‘training your replacement.’ This has served us very well and continues to create a path for advancement. I am very proud of our team at MSM for their ability to adapt to the challenges that currently exist in the fabrication and construction industry. We expect to see a very strong year and are building the foundation for continued growth.”

MSM is a full-service HVAC contractor and custom sheet metal fabricator offering design, fabrication, and installation services to its clients since 1998.

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/951568/alpine-4-holdings-says-subsidiary-morris-sheet-metal-awarded-23m-in-new-building-projects-951568.html


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