AMIH Subsidiary, Capitol City Solutions USA, Inc., Executes Construction Contract with Multi-Family Complex in Beaumont, TX


ADDISON, TX, Jan. 09, 2020 (GLOBE NEWSWIRE) -- American International Holdings Corp. (OTC Pink: AMIH, the “Company”) is pleased to announce that its wholly-owned subsidiary, Capitol City Solutions USA, Inc. (“CCS”), has executed a construction contract with a multi-family apartment investment and management company to provide water mitigation, demolition, interior finish out and remodeling, and flooring repairs for a multi-family apartment complex located in Beaumont, Texas. The construction contract has a value of over $6,690,000, subject to adjustment and subject to draws being made under the agreement, over time, and subject to completion of demolition and construction services milestones. The project is anticipated to be completed by no later than June 1, 2020.

“We are very fortunate to have been awarded this construction contract to completely rebuild and remodel this very large apartment complex located in Beaumont, Texas,” commented JJ Dickens, CEO of CCS. “This is now the second project that we have been awarded by this investment group, which owns over 100 multi-family properties across the United States and is valued at approximately $2.5 billion. Through these projects, CCS is establishing an excellent working relationship with this investment group allowing us to bid on additional construction projects in their current and future pipeline,” further commented Mr. Dickens.

CCS was formed to act as a general contracting and construction company focused on the remodeling, general construction and interior finish of both the Company’s newly established Novopelle branded med spa locations, as well as to market to other commercial real estate projects within the United States.

About The Company

American International Holdings Corp. (OTC Pink:AMIH) is a diversified holding company dedicated to (a) acquiring, managing and operating health, wellness, beauty, and lifestyle companies, businesses and/or brands located both in the United States and abroad; and (b) general contracting and construction. The Company seeks opportunities to acquire and grow businesses that possess strong brand values and that can generate long-term sustainable free cash flow and attractive returns in order to maximize value for the Company and its stakeholders.

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SOURCE: American International Holdings Corp.

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