Alpine 4 Holdings says subsidiary Thermal Dynamics International now holds $14.6 million in backlog orders
Alpine 4 Holdings Inc’s (OTCQB:ALPP) subsidiary Thermal Dynamics International Inc (TDII) has secured several new production orders, growing its backlog of orders to more than $14.6 million.
Leveraging technology and innovation to accentuate business, Phoenix-based Alpine 4 acquires businesses that fit it into its disruptive business model.
The group’s subsidiary TDII specializes in managing complex project assets and infrastructure, including support services for the thermal engineering and design of Embassies and Consulates outside the United States. Clients include the US Department of Defense and the Department of State.
READ: Alpine 4 Holdings says subsidiary Morris Sheet Metal awarded $2.3M in new building projects
Over the next year Alpine 4 plans to complete several international building projects with the US Department of State, as well as a number of other private companies around the globe.
“With the international markets lifting their COVID-19 restrictions, TDII is set to have a busy 2021 and 2022,” said Kent Wilson, CEO of Alpine 4. “The expertise on hand at TDII makes them abundantly capable of taking on these very technical and critical projects.”
TDII, which boasts annual average sales of $9 million to $13 million, was acquired by Alpine 4 in May 2021.
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Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/951850/alpine-4-holdings-says-subsidiary-thermal-dynamics-international-now-holds-146-million-in-backlog-orders-951850.html
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