Author Archives: LRM Industries International, Inc.

LRM Industries Honored as a Class of 2013 Florida Companies to Watch Award Recipient

Florida Companies to Watch

ROCKLEDGE, Fla., Oct. 23, 2013 (SEND2PRESS NEWSWIRE) -- LRM Industries International, Inc. has been recognized as a recipient of the 2013 Florida Companies to Watch(SM) award, an honor presented by GrowFL at the University of Central Florida. In its 3rd year, Florida Companies to Watch is presented by GrowFL in association with the Edward Lowe Foundation.

Florida Companies to Watch is an awards program that celebrates privately held second-stage companies headquartered in the state. To be eligible, applicants must employ between 6 and 99 full-time equivalent employees and have between $750,000 and $50 million in annual revenue or working capital in place. Awardees are selected for demonstrating the intent and capacity to grow based on employee or sales growth, exceptional entrepreneurial leadership, sustainable competitive advantage, outstanding corporate culture, inspired community giving and other notable strengths.

From a pool of 110,000 second-stage companies in Florida, LRM Industries International, Inc. was selected as one of fifty awardees.

LRM was established to commercialize TPF ThermoPlastic Flowforming(R) technology, a radically different and award-winning process technology for producing large, feature-rich, long-fiber reinforced thermoplastic composite parts in one fully automated operation. With the patented TPF ThermoPlastic Flowforming(R) and the innovative STF Sheetless ThermoForming(TM) technology, LRM enables innovative applications and designs in the use of thermoplastics/composites to produce very large unitary structures where, to-date, it has been viewed as technically infeasible, cost prohibitive or lacking in strength and structural integrity. Visit http://lrmind.com/ .

About second-stage businesses and Florida Companies to Watch:

Florida Companies to Watch is unique because of its focus on second-stage companies and the wide-ranging industries they represent. The impact of these companies on Florida's economy is immense, and this year's honorees are examples of such companies in the state. During 2007-2009, Florida's resident companies averaged more than 110,000 second-stage establishments according to YourEconomy.org, an online resource of the Edward Lowe Foundation. Those second-stage companies employed nearly 2.5 million workers.

For more information, please visit: http://flctw.growfl.com/ .

About GrowFL:

GrowFL provides strategies, resources and support to second-stage companies for next level growth. By supporting companies with Strategic Research and peer-to-peer CEO mentoring, GrowFL helps companies overcome obstacles to growth and leads them towards prosperity. Based on the philosophy of Economic Gardening - to grow existing businesses in a community, region or state - GrowFL is the program of the Florida Economic Gardening Institute at the University of Central Florida and is a critical component to the state's economic development strategy and Florida's entrepreneurial ecosystem. During the pilot program from 2009-2011, GrowFL helped more than 400 companies create 1,400 new jobs and had an annual economic impact of $510.4 million. At the beginning of 2013, that number has grown to nearly 700 companies supported by GrowFL. For more information: http://www.growfl.com/ .

About the Edward Lowe Foundation:

The Edward Lowe Foundation inspired the creation of the Companies to Watch program to celebrate second-stage entrepreneurs and their companies. Established in 1985, the Edward Lowe Foundation is a Michigan-based nonprofit organization that supports entrepreneurship through recognition, education and research with a focus on second-stage companies - those that have moved beyond the startup phase and seek significant, steady growth. The foundation also encourages economic gardening, an entrepreneur-centered strategy providing balance to the traditional approach of business recruitment. For information, visit http://www.EdwardLowe.org/ .

Contact:
Jim Callough
of LRM Industries International, Inc.
321-794-2054

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/LRM-Industries-Honored-as-a-Class-of-2013-Florida-Companies-to-Watch-Award-Recipient_2013-10-1023-003.shtml.

NEWS SOURCE LRM Industries International, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2013 Send2Press® Newswire, a service of Neotrope®.

LRM Adds TPF Production Lines, Expands to Second Building

TPF ThermoPlastic Flowforming

ROCKLEDGE, Fla., Sept. 10, 2013 (SEND2PRESS NEWSWIRE) -- LRM Industries International, Inc., headquartered in Rockledge, Florida, has secured a second building and added two presses due to rapid growth. Operating at 24/7 since May of 2011 and processing 2 million pounds of plastic per month, LRM reached full capacity on its main TPF ThermoPlastic Flowforming(R) production line.

Molding very large products, among them a challenging 420 pound structural panel with high demand, has driven this growth. LRM's TPF process technology enabled the development and production of this product.

Due to the global uniqueness of LRM's patented TPF ThermoPlastic Flowforming(R) process, the new presses are designed and custom built by LRM.

"Buying 'off-the-shelf' presses requires extensive re-engineering on our part," said Richard Cochrane, President & CEO of LRM, "This time, we decided to build our own and fully maximize the versatility and capabilities of TPF."

To make room for this new capacity, the STF Sheetless ThermoForming(TM) production line (LRM's other unique technology) will be moved to a second nearby building, increasing facility space by 70 percent. The STF line has been upgraded to enable the production of products as wide as 14 ft. and moving it to the new building will allow products longer than the current 25 ft. limitation due to space.

With this expansion, LRM has increased its employment by over 50 percent.

Company Information:

LRM Industries International, Inc. was established to commercialize TPF ThermoPlastic Flowforming(R) technology, a radically different and award-winning process technology for producing large, feature-rich, long-fiber reinforced thermoplastic composite parts in one fully automated operation. With the patented TPF ThermoPlastic Flowforming(R) and STF Sheetless ThermoForming(TM) technologies, LRM enables innovative applications and designs in the use of thermoplastics/composites to produce very large unitary structures where, to-date, it has been viewed as cost prohibitive or lacking in strength and structural integrity. For more information, visit http://www.lrmind.com/ .

Contact:
Jim Callough
of LRM Industries International, Inc.
321-794-2054.

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/LRM-Adds-TPF-Production-Lines-Expands-to-Second-Building_2013-09-0910-001.shtml.

NEWS SOURCE LRM Industries International, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2013 Send2Press® Newswire, a service of Neotrope®.

HydroDome Stormwater Chambers Certified for Load Bearing

HydroDome stormwater chambers

ROCKLEDGE, Fla., Aug. 31, 2011 (SEND2PRESS NEWSWIRE) -- LRM Industries International, Inc., headquartered in Rockledge, Florida, announces ASSHTO H-25 load certification for its two unique, high-efficiency HydroDome(TM) stormwater chambers.

Concurrently, LRM introduces the new HydroDome(TM) 300, a low profile complement to the original HydroDome(TM) 610 with the same unique cellular, nesting design. At less than 23 inches tall, this new chamber is ideal for shallow applications in high ground water areas, while still providing a high chamber capacity of 37.8 cubic feet.

Both the HydroDome(TM) 610 and the new HydroDome(TM) 300 exceeded ASSHTO H-25 load-bearing requirements in testing certified by independent engineering firms. LRM's HydroDome(TM) chambers are uniquely manufactured using its proprietary patented STF Sheetless ThermoForming(TM) technology, and are a reinforced composite material structure, providing unmatched strength and stiffness.

As with all of LRM's products, no VOCs are emitted during manufacturing and all trim is recycled back into the process on-site. LRM uses only thermoplastic resins for closed-loop recycling.

Company Information:

LRM Industries International, Inc. was established to commercialize TPF ThermoPlastic Flowforming(TM) technology, a radically different and award-winning process technology for producing large, feature-rich, long-fiber reinforced thermoplastic composite parts in one fully automated operation. With the TPF ThermoPlastic Flowforming(TM) and the new STF Sheetless ThermoForming(TM) technologies, LRM enables innovative applications and designs in the use of thermoplastics/composites to produce very large unitary structures where, to-date, it has been viewed as cost prohibitive or lacking in strength and structural integrity. Visit www.lrmind.com .

Contact:
Jim Callough
of LRM Industries International, Inc.
321-635-9797

- RSS News feed for LRM: http://send2pressnewswire.com/author/lrm-industries-international-inc/feed .

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/2011-08-0831-001.shtml.

NEWS SOURCE LRM Industries International, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2011 Send2Press® Newswire, a service of Neotrope®.