ECOX Spruce Construction Secur – GuruFocus.com
VAN NUYS, Calif., May 10, 2022 /PRNewswire/ — Eco Innovation Group, Inc. (OTC: ECOX) (“ECOX” or the “Company”), an innovative company developing green energy solutions, announces that ECOX Spruce Construction, the subsidiary of Eco Innovation Group Californiagreen construction subsidiary, obtained an official general contractor license by the state of california (License No. 1091210).
According to the California Department of Consumer Affairs Contractors State License Board (CSLB) page, businesses and individuals constructing or altering a building, highway, road, parking lot, railroad, excavation, or other structure in California must be authorized to perform work. The permit was issued on Friday, May 6, 2022. As previously announced, ECOX Spruce Construction plans to focus primarily on green infrastructure projects.
“Receiving a GC license is the first step for our ECOX Spruce Construction subsidiary established earlier this year, and it will allow us to expand our business into the rapidly growing green infrastructure space,” said Julia Otey-Raudes, CEO of Eco Innovation Group. “Our focus on environmentally sustainable infrastructure is at the heart of the ECOX business. Large chains such as Starbucks, for example, are actively building sites in California be resource positive, using solar infrastructure, additional efficiencies and reclaimed wood construction. A growing number of large organizations are moving in the same direction.”
The company expects the trend towards environmentally sustainable building to accelerate as fossil fuel prices soar and the ESG movement continues to put financial pressure on companies to switch to more sustainable infrastructure models.
The RE100 (www.there100.org) is a group of over 360 companies worth more than $2.75 billion of revenue that are committed to making a complete transition to renewable energy. Starbucks is one of many participants in the group that has already taken this step, along with Microsoft, Clif Bar & Company, and SAP.
Otey-Raudes continued, “We believe the green building trend is still in its infancy and has the potential to become one of the most powerful growth opportunities over the next few years for the application. new capital and resources. Now that we have our GC License in Californiawe can aggressively attack this market opportunity with the aim of becoming one of its true leaders in the coming decade.”
ECOX Spruce Construction, Inc., was founded as California company in January 2022. It is ECOX’s second green construction subsidiary, following the 2021 founding of the company’s Canadian construction business, Spruce Engineering and Construction of alberta.
About Eco Innovation Group
Eco Innovation Group was founded by inventors and business professionals to help develop and catalyze the most innovative and impactful products and services, and to deliver those innovations to the world, improving the quality of life in our communities and the world around us, while delivering value. to our shareholders.
At ECOX, we are dedicated to developing and marketing high-performance products. But we will never lose sight of the fact that we exist first and foremost to help people and improve life on the planet we all share. We take our social responsibility contract seriously in all of our efforts. It’s not just what we do. It’s who we are. For more information, visit www.ecoig.com.
Watch the company’s new video here.
FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may also be included in other publicly available documents issued by the Company. and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans regarding our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate”, “intend”, “plan”, “aim”, “seek”, “believe”, “project”, “estimate”, “seek”. expect”, “strategy”, “future”, “probable”, “could”, “should”, “should”, “could”, “should” and other words of similar meaning in the context of a discussion of future operational or financial performance. Examples of forward-looking statements include, but are not limited to, statements relating to future sales, earnings, cash flow, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the actual results and financial condition of the Company to differ materially from those expressed or implied by forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, economic conditions, changes in laws or regulations, demand for the company’s products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this press release should be considered in light of these factors. We assume no obligation to update any forward-looking statements contained in this report.
Eco Innovation Group, Inc.
EDM Media, LLC
View original content to download multimedia: https://www.prnewswire.com/news-releases/ecox-spruce-construction-secures-license-to-launch-green-infrastructure-operations-301543580.html
Eco Innovation SOURCE Group