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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

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.


TSXV:TMG - Post by User

Post by proneon Mar 18, 2021 12:19pm
103 Views
Post# 32826332

There are plenty of contracts to pick from...

There are plenty of contracts to pick from...Early projects were well described and the client was identified.

Due to less competition, and TMG-Gem wanted to advertise the types of customers to potential customers.

Laundry applications were repeated within Hospitals.

Heavy industry applications, like steel production, were repeated in other steel plants, tire plants, cement plants, food and drug manufactureing..

Oil and gas plants are expanding usage of Steam traps.

Along comes the FluAce and the Super FluAce, and more industires adopt TMG's products.  Biomass, and sustainability uses are being installed.

BEI acquisition provided products for smaller facilities, like the diverse small businesses in Europe.

--> and - BEI keeps the door open in the USA.

GLTA and I am waiting for the next NR. !             .......

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