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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

Comment by Mostlyseriouson Sep 17, 2024 2:54pm
97 Views
Post# 36227673

RE:RE:Just out - with "link" ..............

RE:RE:Just out - with "link" ..............Interesting participation at the RTC event where one of the presenters includes Armstrong International.  They carry products from about 80 companies/Brands.  They have their own steam traps but also carry steam traps from Spirax Sarco.

A bit of.a head scratcher why Thermal is not there when they carry other competing products to their own brand.

The other nitpicky comment on the materials presented, I wished they wouldn't call any kind of an increase in positive metrics at a % scale of single digits "impressive".  At least not when our revenues are in the low to mid $20 million scale.
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