Thermal Energy International Inc V.TMG

Alternate Symbol(s): TMGEF

Industrials Pollution & Treatment Controls

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.

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Thermal Energy International Inc

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Comment by Stocktreeon Nov 24, 2016 8:45pm

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Post# 25511582

RE:RE:RE:RE:Interview transcript

For me, the 20% growth applies the all the company's business, and he sounds like he is being conservative about it. However, much of his enthusiasm is based on the COP21 agreement hype. As long as they insist a lot on the efficiency gain, though, there's no clear reason why they could not continue to grow with the added sales staff.

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