SGD deploys new industrial processing equipment at Florida sites

MIAMI - Safe and Green Development Corporation (NASDAQ:SGD) has deployed new industrial processing equipment at its Resource Group operations in Southwest Florida, according to a press release issued Wednesday. The company, which has seen its stock price decline over 55% year-to-date according to InvestingPro data, is currently trading near $1.16 per share.

The company has stationed a Komptech Crambo Mobile shredder at its 15th Street Transfer Site in Sarasota and a Diamond Z DZH6000 Series grinder at its Myakka City facility. The equipment, which arrived earlier this week, has been put into immediate operation.

The dual-shaft, low-speed Komptech shredder processes organic and woody materials into consistent particle sizes for composting and mulch production. The Diamond Z grinder handles wood waste and green debris.

"Expanding our processing capabilities at the Sarasota and Myakka City sites aligns directly with our focus on scalable, revenue-generating infrastructure," said David Villarreal, President and CEO of Safe and Green Development Corporation.

SGD stated the equipment represents a capital investment intended to enhance throughput for the company’s engineered soils, composting, and green-waste recycling operations.

Safe and Green Development Corporation, formed in 2021, focuses on real estate development for green housing projects. The company owns Resource Group US Holdings LLC, which operates an 80+ acre organics processing facility in Florida that processes source-separated green waste and provides transportation services for biomass, solid waste, and recyclable materials. According to InvestingPro analysis, the company faces significant operational challenges with negative EBITDA of $9.16 million in the last twelve months. Subscribers can access 12 additional ProTips and comprehensive financial metrics to better understand the company’s position.

In other recent news, Safe and Green Development Corporation reported a remarkable 3,200% increase in revenue for the second quarter of 2025. The company achieved $1.4 million in revenue, a significant rise from $42,000 in the same period the previous year. This growth is largely attributed to the acquisition and integration of Resource Group US Holdings LLC, finalized in the second quarter, contributing to the revenue in just one month post-acquisition. Additionally, Safe and Green Development shareholders have approved a reverse stock split at a ratio between 1-for-5 and 1-for-20. The exact ratio will be determined and announced by the board of directors. These developments highlight the company’s strategic initiatives to enhance its financial standing and operational capabilities.

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