- 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