Most small companies salivate over jobs that are related to the government. Landing one of any magnitude through any means can open a door to opportunities and validate the company like nothing else can. It is common knowledge that providing a solid, reliable service or product can lead to additional contracts. GreenHouse Holdings is a company with a history of performance as a government contractor, supplying the U.S. military with a wide range of products from rapidly deployable and ballistically protected buildings to sustainable, environmentally safe targeting systems and live fire training facilities.
Today the Company has taken another major step in solidifying its name as a repetitive performer with projects for and/or relating to the U.S. government. Greenhouse announced this morning that its wholly-owned subsidiary, Life Protection, Inc., has been awarded a $151 million contract for the design, development and construction of the Carlstrom National Security Training Center in Central Florida. The contract was granted to Life Protection by the Pinnacle Performance Group, the executive director for the development team. The project, which is slated to begin design and pre-construction forthwith, is the largest single contract in the four-year history of Greenhouse Holdings.
The U.S. Marine Corps, U.S. Navy SEALs, U.S. Army, Federal Air Marshall Service, U.S. Coast Guard, Border Patrol, Tactical Forces (SWAT and Anti-Terrorism), Customs Enforcement, FEMA, and First Responders (Fire, Police, EMS) will use the Carlstrom facility. Carlstrom will be equipped with a military style urban training facility, tactical driving course, obstacle-training course, shooting range, advanced computers and technology laboratories. Taking approximately three years to complete, the facility will be designed to provide both simulated training scenarios and classroom-based learning.
Commenting on the new project, Billy Jones, VP of Government Services of GreenHouse Holdings, stated, “We are extremely pleased to have been awarded the $151 million contract for construction of the Calstrom Facility for the training of essential U.S. security personnel. GreenHouse’s expertise in environmentally friendly contracting made us an ideal fit to complete this large scale project. We look forward to working with local, state and federal law enforcement to create a state-of-the-art facility that is completed on time, on budget, and utilizes sustainable energy solutions. The winning of this marquee contract positions GreenHouse as a market leader in the governmental construction arena and will lead to future contracts creating strong revenue growth and improved profitability.”
GreenHouse is aggressively growing their relationship with the government. It was only a couple of weeks ago that they announced a partnership with Seychelle Environmental Technologies, Inc. (OTCQB: SYEV), a worldwide leader in the development, assembly and sale of proprietary portable water filtration products. Together, the companies will offer a variety of innovative water filtration and conservation technologies to the Department of Defense.
A thinly traded stock with only 25 million shares outstanding, GRHU is trading at above average volume today with investors apparently embracing the news of the new contract.
More information on Greenhouse Holdings and its business strategies can be found on the Company’s website at www.greenhouseintl.com