The latest update is out from Target Hospitality ( (TH) ).
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Target Hospitality Corp. has extended its Pecos Children’s Center contract, highlighting its strategic growth and reaffirmed 2024 financial outlook. This extension supports a community for up to 6,000 individuals with a minimum annual lease revenue of $168 million, enhancing the company’s revenue visibility and cash generation. Additionally, Target has engaged former U.S. Border Patrol Chief Carla L. Provost as a strategic advisor to explore government service growth opportunities.
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