Morris Sheet Metal, a Subsidiary of Alpine 4 Holdings, Inc. (ALPP), Awarded $7.2 Million in New Contracts for Beacon Health’s Hospital Expansion Project

PHOENIX, AZ / ACCESSWIRE / September 13, 2023 / Alpine 4 Holdings, Inc. (Nasdaq:ALPP), a leading operator and owner of small market businesses and its Subsidiary, Morris Sheet Metal (MSM), are pleased to announce $7.2M in new work for Beacon Health's $232M Memorial Hospital tower project. This is the largest construction project in the 129-year history of Memorial Hospital and will comprise of 300,000 square feet and will expand adult acute care beds to 302 from 249.

Contract Details:

This contract is for the fabrication and installation of the HVAC ductwork, in addition to providing ventilation equipment for the hospital tower.

Tom Laubhan, President of MSM commented: "Being awarded this contract allows us to continue building upon our previous successes with improved margins and a steady pipeline of work for our skilled team. This new contract further demonstrates MSM's ability to fulfill the infrastructure needs of our growing local communities."

About Morris Sheet Metal: As a subsidiary of Alpine 4 Holdings, Morris Sheet Metal has established itself as an industry leader in mechanical & industrial fabrication and construction, focusing on innovation, quality, and sustainability.

About Alpine 4 Holdings: Alpine 4 Holdings, Inc. is a Nasdaq traded Holding Company (trading symbol: ALPP) that acquires businesses, wholly, that fit under one of several portfolios: Aerospace, Defense Services, Technology, Manufacturing or Construction Services as either a Driver, Stabilizer or Facilitator from Alpine 4's disruptive DSF business model. Alpine 4 works to vertically integrate the various subsidiaries with one another even if from different industries. Alpine 4 understands the nature of how technology and innovation can accentuate a business, focusing on how the adaptation of new technologies, even in brick-and-mortar businesses, can drive innovation. Alpine 4 also believes that its holdings should benefit synergistically from each other, have the ability to collaborate across varying industries, spawn new ideas, and create fertile ground for competitive advantages.

Four principles at the core of our business are Synergy. Innovation. Drive. Excellence. At Alpine 4, we believe synergistic innovation drives excellence. By anchoring these words to our combined experience and capabilities, we can aggressively pursue opportunities within and across vertical markets. We deliver solutions that not only drive industry standards, but also increase value for our shareholders.