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Stock impact report

JFB Construction Holdings Executes $18.8 Million Contract as General Contractor for Public High School in DeSoto County, Florida

JFB Construction Holdings - Class A (JFB) 
Company Research Source: GlobeNewswire
Construction of Phase 1 of Three Phases to Begin in mid-October 2025; Total Contract Valued at $100 million Lantana, Fla., Oct. 15, 2025 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a real estate development and construction company focused on hospitality, commercial, industrial, and residential property development, today announced that it has executed a $18.8 million contract to act as general contractor for the first phase of construction of a public high school in DeSoto County, Florida. “This contract is for the first of three phases of the construction and continuation of the existing campus of the high school of [a total of] approximately 100,000 square feet, over 40 acres, for an additional 1379 students,” said CEO, Joseph F. Basile, III. “This project is one of the most important contract wins for our company and the educational contracting segment of JFB, with a total project value of $100 million. It is a tremendous accomplishment for our company as it d Show less Read more
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