RCM Thermal Kinetics Announces Grand Opening of its New Innovation and Test Center
28 Septiembre 2022 - 3:12PM
RCM Technologies, Inc. (NasdaqGM: RCMT), a premier provider of
business and technology solutions designed to enhance and maximize
the operational performance of its customers through the adaptation
and deployment of advanced engineering, specialty health care, and
information technology services, today provided an update on
Thermal Kinetics, a group within the Process & Industrial
business unit of RCM’s Engineering Services division.
RCM Technologies is proud to announce the grand opening of the
RCM Thermal Kinetics Innovation Center scheduled for November 2022.
The future-friendly Innovation Center is designed to support our
clients in maintaining their competitive advantages and to assist
them in bringing projects to market more efficiently, with less
risk, and an enhanced ability to demonstrate process output
results. The Innovation Center will house the state-of-the-art Test
Center where customers will be able to witness their feed material
being separated in the latest distillation, evaporation,
crystallization, and specialty process lab equipment. We expect the
Innovation Center to be integral in supporting carbon-reduction and
net-zero emission goals for rapidly evolving renewable technologies
within the Bioeconomy, Sustainable Aviation Fuel (SAF),
Pharmaceutical, Heavy Chemical, Food and Beverage markets, and the
ultra-efficient Thermal Kinetics Low Energy Ethanol Process
(LEEP).
“Increasing demand has continually tested the engineering
capacity of the RCM Thermal Kinetics organization,” according to
David Loschiavo, General Manager of RCM Thermal Kinetics. “To meet
our customer needs, we have doubled our workforce over the past
twelve months. The other customer need that is addressed in the
move to the new Innovation Center is the addition of a
state-of-the-art testing facility. Many new ‘green technologies’
benefit from the availability of pilot testing to confirm process
development, de-risk project investment, and improve speed to
market.”
Since 1999, Thermal Kinetics has been providing full-service
process equipment supply, engineering, development, and design
services. RCM Thermal Kinetics offers advanced energy-saving
solutions, patented technological integration, and sophisticated
process plant development – proudly matching each of their
customers’ specific needs with optimal productivity and
profitability.
RCM completed the acquisition of Thermal Kinetics in November
2018. “Since the 2018 acquisition, RCM Thermal Kinetics has
experienced a continual increase in its volume of
business. Growth has been realized in traditional sustainable
fuel and chemical markets along with emerging markets, many of
which are leveraging innovative technologies for environmental
sustainability and net zero emissions,” explains RCM Process &
Industrial Senior Vice President Rick Boyd. “It is extremely
exciting to watch this culture-driven organization evolve into an
enhanced state capable to accelerate proof of concept and
ultimately large-scale implementation of world changing
technologies.”
Test Center with Distillation System in the Background.
Test Center with Customer Conference Room to the right.
About RCM
RCM Technologies, Inc. is a premier provider of business and
technology solutions designed to enhance and maximize the
operational performance of its customers through the adaptation and
deployment of advanced information technology and engineering
services. RCM is an innovative leader in the delivery of these
solutions to commercial and government sectors. RCM is also a
provider of specialty healthcare services to major health care
institutions and educational facilities. RCM’s offices are located
in major metropolitan centers throughout North America and Serbia.
Additional information can be found at www.rcmt.com.
The Statements contained in this release that are not purely
historical are forward-looking statements within the Private
Securities Litigation Reform Act of 1995 and are subject to various
risks, uncertainties and other factors that could cause the
Company's actual results, performance, or achievements to differ
materially from those expressed or implied by such forward-looking
statements. These statements often include words such as “may,”
“will,” “expect,” “anticipate,” “continue,” “estimate,” “project,”
“intend,” “believe,” “plan,” “seek,” “could,” “can,” “should,” “are
confident” or similar expressions. In addition, statements that are
not historical should also be considered forward-looking
statements. These statements are based on assumptions that we have
made in light of our experience in the industry, as well as our
perceptions of historical trends, current conditions, expected
future developments and other factors we believe are appropriate in
these circumstances. Forward-looking statements include, but are
not limited to, those relating to the impact of our new facilities,
demand for the Company’s services, expectations regarding our
future revenues and other financial results, our pipeline and
potential project wins and our expectations for growth in our
business. Such statements are based on current expectations that
involve a number of known and unknown risks, uncertainties and
other factors, which may cause actual events to be materially
different from those expressed or implied by such forward-looking
statements. Risk, uncertainties and other factors may emerge from
time to time that could cause the Company’s actual results to
differ from those indicated by the forward-looking statements.
Investors are directed to consider such risks, uncertainties and
other factors described in documents filed by the Company with the
Securities and Exchange Commission, including our most recent
Annual Report on Form 10-K and subsequent Quarterly Reports on Form
10-Q. The Company assumes no obligation (and expressly disclaims
any such obligation) to update any forward-looking statements
contained in this release as a result of new information or future
events or developments, except as may be required by law.
RCM Technologies, Inc. |
Tel: 856.356.4500 |
Corporate Contacts: |
2500 McClellan Avenue |
Fax: 856.356.4600 |
Bradley S.
Vizi |
Pennsauken, NJ 08109 |
info@rcmt.com |
Executive Chairman |
|
www.rcmt.com |
Kevin D.
Miller |
|
|
Chief Financial Officer |
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/512251fd-2974-4c86-bd87-a4f0a4276e87
https://www.globenewswire.com/NewsRoom/AttachmentNg/9808e3cc-bf8f-467a-9e4f-53ab53a640bf
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