BluMetric Announces Wastewater Treatment System for Caribbean Private Island Development and New Lease to Expand U.S. Manufacturing
February 05, 2025 5:30 PM EST | Source: BluMetric Environmental Inc.
Ottawa, Ontario--(Newsfile Corp. - February 5, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm, announced it has signed a follow-on contract to supply a Membrane Bioreactor (MBR) wastewater treatment system to the Exumas in the Bahamas for a private island development. The Company has also signed a new lease for a larger U.S. manufacturing facility in Gainesville, Florida.
The contract, valued at approximately CA$1.2 million (US$0.9 million), will treat 60,000 gallons per day (GPD) of wastewater. This order follows a previous 750,000 GPD Sea Water Reverse Osmosis (SWRO) system for the same island, valued at approximately CA$3.6 million (US$2.5 million), which is in the final stages of installation and commissioning.
These systems showcase BluMetric's unique capabilities and offerings that provide a complete water and wastewater treatment solution. By deploying the most advanced technologies, customers can receive a cost-efficient and user-friendly potable water and wastewater treatment solution.
"We continue our sales traction with this most recent wastewater treatment plant contract," said Scott MacFabe, CEO of BluMetric. "It is an important distinction that we can offer a full portfolio of water treatment solutions for remote settings. Customers recognize this expertise, and we look forward to utilizing our expanded team and U.S. manufacturing footprint to support delivering systems with capacities of up to three million gallons per day."
It is expected that this project will be delivered and commissioned within the next twelve months. This order highlights the increasing need for improved water infrastructure in the Caribbean as the region sees increased development and groundwater scarcity.
In addition, BluMetric has signed a new lease for a larger, 25,000 square foot manufacturing facility in Gainesville, Florida to increase its capacity to service existing and potentially new contracts that are beyond the capacity of the current 10,000 square foot manufacturing space. This new space will also help accommodate the approximate doubling of the workforce since acquiring Gemini Water approximately four months ago.
BluMetric believes this will be an important part of Gemini Water's continued integration and ability to achieve growth targets. The existing facility in Gainesville, Florida will remain in operation until the end of its lease (in June 2025) to ensure continuity and a seamless transition.
About BluMetric Environmental Inc.
BluMetric Environmental Inc. is a publicly traded environmental consulting and engineering company with expertise across professional and trade disciplines and technologies that allow for the design, fabrication and delivery of sustainable solutions to environmental and water challenges. BluMetric has more than 220 employees operating in ten offices and over 45 years of expertise. Headquartered in Ottawa, Ontario, BluMetric's team of industry experts serves Commercial and Industrial, Military, Mining and Government clients.
For more information, visit www.blumetric.ca or please contact:
Forward-Looking Statements
Some of the statements in this press release, including those relating to the Company's quarterly and annual results, future products, opportunities and cost initiatives, strategies, and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, are forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates, and projections regarding future events. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution readers of this news release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's most recent annual MD&A and the Company's continuous disclosure documents that can be found on SEDAR+ at www.sedarplus.ca. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
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