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0 0 0.0782396088019558 0.0782396088019558 0.0782396088019558 0.0782396088019558 0.0782396088019558 0.0782396088019558
Stock impact report

KBS Builders Wins Two Maine Projects Totaling $4.6 Million

Star Equity Holdings, Inc. (STRR) 
Company Research Source: GlobeNewswire
OLD GREENWICH, Conn., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Old Greenwich, CT – October 2, 2024 - Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star” or the “Company”), a diversified holding company, announced today that its wholly owned subsidiary, KBS Builders, Inc. (“KBS”), has signed two contracts totaling $4.6 million to manufacture 40 modules for the construction of cottages and affordable housing units in Maine. Contract details are as follows: $3.0 million contract to manufacture 32 modules for the construction of 15 one- and two-story cottages in Northeast Harbor, Maine. Manufacturing of these modules commenced in September, with delivery to be completed by December; the cottages are expected to be ready for occupancy by Spring 2025.$1.6 million contract to manufacture 8 modules for the construction of two multi-story buildings comprising 16 affordable housing units in Newcastle, Maine. Manufacturing of these modules is expected to commence in October, with delivery to b Show less Read more
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