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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 May 02, 2024 10:32am
96 Views
Post# 36019421

In-person AGMs - better for investor information exchange

In-person AGMs - better for investor information exchange

When Vince Sands came on board as President of BEI - In his presentation, and after, "He stated he wanted the link-up with TMG in order to give BEI more creditability.  He also stated that it gave BEI access to the 'extensive' small steam usage businesses in France, and the EU in general".


Since expanding the BEI site in the US, Vince has inked 3 US supply pipelines for his products, and BEI sales contiue to grow grow.  Small steam sites abound in the US, as well.

In Europe, Gem trap sales have rocketed upward to represent a strong/growing core business, that pays more than the rent.   TEI has expanded their Gem trap manufacturing/sales site in the UK

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