Olenox Industries Inc (SGBX) News & EventsSGBXNews & EventsOlenox Industries Inc

Safe & Green Holdings Begins Manufacturing Modular Enclosure Systems

Safe & Green Holdings announced that its wholly owned subsidiary, Giant Containers, has commenced manufacturing modular enclosure systems under a previously awarded contract from a world-leading global industrial equipment manufacturer. The project is now in active production, with final fabrication and completion scheduled at the Company's new manufacturing facility in Conroe, Texas. The contract covers the design and manufacture of custom-engineered modular enclosures developed to meet rigorous technical, operational, and environmental specifications. The systems will support critical equipment deployments in demanding industrial environments where reliability, precision manufacturing, and accelerated deployment timelines are essential. In accordance with confidentiality obligations, the customer's identity is not being disclosed. Manufacturing activities began following the contract award and will transition through full production and final assembly at Safe & Green's Conroe facility. The project contributes to the Company's contracted backlog and reflects the Company's continued expansion across industrial, energy, and infrastructure markets.

Safe & Green Holdings Rebrands to Olenox Industries Inc.

Safe & Green Holdings has begun executing a comprehensive corporate rebranding initiative, including a planned name change to Olenox Industries Inc. and a corresponding update to its trading symbol, reflecting the company's transformation into a fully integrated energy and infrastructure solutions platform. The rebrand is designed to align the company's market identity with its operating strategy, following a year of significant operational and strategic restructuring. As part of the initiative, the company will consolidate its existing subsidiaries into a unified operating structure while actively promoting its core commercial brands to the market, including Giant Containers, which anchors the company's containerized infrastructure and modular systems platform, and Machfu Monitoring, which supports its expanding technology and industrial monitoring offerings. This unified structure is intended to enhance execution efficiency, strengthen brand visibility and support scalable growth across the company's expanding portfolio of infrastructure and energy-focused solutions. Looking ahead, Olenox Industries plans to continue executing its acquire-and-integrate strategy, expanding both organically and through targeted acquisitions across key internal divisions including energy, technology, construction, water systems and related infrastructure markets, positioning the company to capture growing global demand for resilient, sustainable and technology-enabled industrial solutions.

Safe & Green Completes Acquisition of Giant Containers

Safe & Green announced that it has successfully closed the acquisition of Giant Containers, a leading manufacturer of custom modular shipping container solutions for residential, commercial, industrial, and institutional applications. The transaction was completed through a combination of cash and stock consideration. The acquisition of Giant Containers represents a key milestone in Safe & Green's long-term strategy to become a value-added infrastructure solutions provider, strengthening its capabilities across design, engineering, sales, and project execution. At the time of acquisition, Giant Containers has over $5 million in projects under contract, with an additional $22.5 million in its pipeline.