Sg Blocks, Inc. (SGBX) in Collaborative Process With the Teamsters Union 848

2022-07-29 14:17:11 By : Ms. Vivian Wang

FREE Breaking News Alerts from StreetInsider.com!

SG Blocks, Inc. (NASDAQ: SGBX) announced today that the Company is currently in the discovery and research phase with Teamsters Union 848, the local Teamsters union in Long Beach, California, for a point-of-care COVID-19 testing module as well as an overarching wellness center for union members.

The Teamsters, or the International Brotherhood of Teamsters (IBT), is a labor union in both the U.S. and Canada which represents professional workers in public and private sectors alike. According to the Teamsters website, the group is known as “the champion of freight drivers and warehouse workers but have organized workers in virtually every occupation imaginable.” According to the U.S. Department of Labor, the union had roughly 1.3 million members as of 2015.

The goal of the project will be to increase diagnostic and general medical and wellness services for the union members. Eric Tate, Principal Officer and Secretary-Treasurer of Teamsters Local 848, currently sits on the board of SGB Development Corp.

“We greatly respect the values of the Teamsters, who have worked tirelessly with team SG to find a way to improve health outcomes and lives for Local 848 members and their families,” Paul Galvin, Chairman and CEO of SG Blocks explained. “We really see a fit here with our modular capabilities to deliver the Teamsters something efficiently, cost-effectively, and sustainably.”

“We’re excited to work with SG Blocks to give our members the opportunity for point-of-care diagnostic testing, as well as a wellness center,” Eric Tate, Principal Officer of Teamsters Local 848 noted. “I’ve always been passionate about representing our members and providing them with services wherever I can, because these are hardworking people who deserve it. SG Blocks understands that.”

The Company will provide further updates as the two organizations continue to finalize plans regarding how the testing center will come to fruition.

Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!