AGORACOM Small Cap TV - December 28th- Highlights
posted on
Dec 28, 2011 09:04AM
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s December 28th, 2011, and we’ve found 3 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
ThermoEnergy Completes Facility Expansion to Support Significant Revenue Growth in 2012
ThermoEnergy Corp.(OTCBB: TMEN), a diversified technologies company engaged in development and sales of municipal and industrial wastewater recovery and clean power generation technologies, has announced that it has completed a 28,000 square foot expansion that more than doubles the manufacturing space at the company's Worcester, Massachusetts corporate headquarters.
The manufacturing stage of the contract is valued at $13.7M and the Company expects much of that to be earned in 2012.
ThermoEnergy announced the completion the engineering design phase of the NYC project in August and has now moved to procurement, fabrication and construction of the system components. Once in full operation, the company's Ammonia Recovery Process (ARP) will have the potential to prevent as much as 2.4 million pounds of ammonia from entering Jamaica Bay each year, helping the City to achieve its goal of improving the health of Jamaica Bay as outlined under Mayor Bloomberg's Jamaica Bay Watershed Protection Plan.
About ThermoEnergy
Founded in 1988, ThermoEnergy is a diversified technologies company engaged in the worldwide development, sales and commercialization of patented and/or proprietary municipal and industrial wastewater treatment and power generation technologies.
Last Trade: 0.1852 Week: 0.35 – 0.11Market Cap: 10.34 Million