Applied UV announces that it is receiving over $2M cash deposits on a significant $4M order from hotel and multi-family developers for interior furnishings. This latest success showcases Applied UV’s expanding leadership in the hospitality and leisure sector. Importantly, this follows the Company’s disclosure on July 11, 2023, of its record backlog of $22 million, powered by significant investments in its 150,000 square feet of domestic production facilities. “Our growth trajectory in the hospitality and leisure division remains robust. This significant cash from notable developers emphasizes our strategy’s validity and the importance of our domestic production capabilities,” said Max Munn, CEO of Applied UV.
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