- NSRI
2020 season looking solid with three major contracts already awarded
- The
contracts were awarded in 2019 in preparation for 2020 storm season
- The
company’s Sustainable Green Team offers more than 40 years of next-level
experience with mulch manufacturing, tree care and treatment
National Storm Recovery Inc. (OTC: NSRI) is
well-positioned in 2020 for providing a first-rate solution for the treatment
and handling of tree debris. The company already has three substantial agreements
in place as it prepares for this year’s storm season. These agreements, and
others the company will sign in coming weeks, encompass contracts regarding
biomass recycling, emergency debris and tree-removal services, and tree
trimming and removal services.
NSRI is at the vanguard of providing solutions for
storm-recovery issues. The company’s three contracts will help mitigate the
stress and clean-up required after major damaging weather events necessitate
emergency debris and tree removal. Of course, the contracts also provide for
regular quality tree service year-round as well, leveraging the company’s
expertise in providing an environmentally friendly solution for the treatment
and handling of tree debris, which is traditionally sent to local landfills and
disposal sites.
Of note is that 2019 was a distressing year for tornado
deaths, along with associated property and other asset damage, including tree
destruction. Forbes reported that “tornado activity in 2019 was among the
highest all decade, with the year’s tornado count ranking in the 75th
percentile compared to normal” (http://ibn.fm/YjfDs). Moreover, another article reports
that the Congressional Budget Office (CBO) estimates that government costs for
hurricane damage are $28 billion a year and that these average annual damage
costs will increase to $39 billion by 2075 (http://ibn.fm/icUPZ). Thus, NSRI has the protocols and
solutions in place to provide its essential services in these times of great
need when storm-recovery services are of paramount importance.
In an industry where need for essential services is rising,
the contracts NSRI already has in place is a strong indication of the company’s
value and credibility. On July 1, 2019, NSRI entered into a three-year
agreement with one of the largest waste disposal companies. This agreement
allows NSRI to lease the disposal company’s yard-waste facility to operate
NSRI’s biomass recycling facility in Apopka, Florida. The facility’s grand
opening took place on October 2, 2019 (http://ibn.fm/VNhaa).
Furthermore, NSRI was awarded a three-year contract with two
one-year renewals from the town of Oakland, Florida, on August 14, 2019. This
contract calls for emergency debris and tree-removal services.
In addition, NSRI was awarded a contract on September 10,
2019, as the primary contractor for the Orange County [Florida] Public Schools
Tree Trimming and Removal Services. This contract is for a three-year term,
also with two one-year renewals. The agreement encompasses 267 properties.
These properties include schools, administrative sites and technical colleges
as well as maintenance facilities.
Headquartered in Jacksonville, Florida, NSRI is a provider
of storm/disaster recovery services. By way of its subsidiaries, the company
provides tree services, debris hauling, biomass recycling and
mulch-manufacturing services to governmental, residential and commercial customers.
NSRI’s solutions, provided by its Sustainable Green Team, are based on
sustainability.
NSRI’s commitment is to environmentally beneficial solutions
to tree and storm-waste disposal (http://ibn.fm/drBRU). For investors, the company plans to
expand its operations through a combination of organic growth, including its
partnership with a nationally recognized waste disposal company and via
strategic acquisitions. NSRI’s next-level experience with mulch manufacturing,
treatment and caring for trees sets it on the right course for sustained
growth.
For more information, visit the company’s website at www.NationalArborCare.com
NOTE TO INVESTORS: The latest news and updates
relating to NSRI are available in the company’s newsroom at http://ibn.fm/NSRI
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