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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 TMG12FORWRDon Feb 07, 2022 12:01pm
115 Views
Post# 34404996

re:"...do better in their own backyard...."

re:"...do better in their own backyard...."Once they decide to complete the vertical integration of TMG technologies at the new expanded
design and fabrication site in the U.S.A., they will IMO "change their backyard", i.e.,move HQ as well.  Sooner the better  IMO.

I feel that TMG has used the COVID as a learning experience , hence now have ways to approach clients with safety as a major concern.  Not that all clients are yet willing to open up, but being able to approach and capture some can grow and develop as restrictions come down here and elsewhere.  Have to hope for no more setbacks, which can come in forms other than covid.

Near to mid term may be looking good.  

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