Thermal Energy International Inc V.TMG

10,000 to 25,000 sq. ft increase in manufacturing space

[Bookworm28]

Looks good. More news to come?

[PuerSimia]

Just like bldp. Patience bw. They obviously have a reason for the additional space.

[canyousayiii]

Something like this could usually imply a couple of things. The first one is needing more space to satisfy a larger demand. That is the revenue side. Potentially producing more of all the products in-house as opposed to subcontracting will hopefully offset the costs of more equipment and larger space and contribute to lowering manufacturing costs i.e. increasing our own gross margin. So

[PuerSimia]

BW, call Bill Crossland and have a chat. Lots of balls in the air at the moment.