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RenX Enterprises Expands Contracted Inbound Volumes, Advancing Biomass Processing Platform
Globenewswire· 2026-01-30 14:00
Miami, FL, Jan. 30, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: RENX) (“RenX” or the “Company”) (NASDAQ: RENX) (“RenX” or the “Company”) a sustainable infrastructure and environmental services platform, today announced that its operating subsidiary, Resource Group US LLC (“RGUS”), has entered into a new disposal services agreement with a regional commercial landscaping operator serving the Sarasota, Florida market. Under the agreement, RGUS will receive and process inbound organic material at i ...
Renx Enterprises Advances Compost Strategy with Entry into Premium Consumer End Markets
Globenewswire· 2026-01-21 14:00
Core Insights - RenX Enterprises Corp. has initiated deliveries of compost material to a new customer in the premium bagged soils and growing media market in South Florida, marking a significant operational milestone as the company aims to expand compost sales into higher-value consumer markets [1][3] Group 1: Operational Developments - The new customer relationship demonstrates RenX's advancements in processing capabilities and product consistency, achieved through recently deployed equipment [2] - Management views this development as validation of the quality of RenX's compost products and its strategy to target differentiated end-market customers [3] - The company anticipates that ongoing equipment optimization and improvements in throughput will facilitate further customer acquisition opportunities [3] Group 2: Strategic Focus - The CEO of RenX highlighted that investments in infrastructure and equipment are directly contributing to new commercial relationships, positioning the company to expand into markets that require higher quality inputs [4] - RenX is committed to disciplined operational execution, expanding its customer base, and building a scalable platform to support future growth across compost, engineered soils, and related markets [4] Group 3: Company Overview - RenX Enterprises Corp. is a technology-driven environmental processing and sustainable materials company focused on producing value-added compost, engineered soils, and specialty growing media for various end markets [5] - The company operates an 80+ acre organics processing facility in Myakka City, Florida, integrating advanced milling, blending, and logistics to produce proprietary soil substrates and potting media [6] - By optimizing products for regional feedstocks and customer needs, RenX enhances quality control and improves unit economics while serving higher-value end markets [6]
RenX Enterprises Engages Former Big Box Retail Executive Robert Jacobson as Strategic Business Development Consultant
Globenewswire· 2026-01-14 14:00
Core Insights - RenX Enterprises Corp. has appointed Bob Jacobson as Strategic Business Development Advisor to enhance its renewable materials and engineered soils product line, aiming to strengthen relationships with growers and partners across the U.S. [1][4] Group 1: Appointment and Role - Bob Jacobson brings over 50 years of experience in retail garden operations and supplier development, having spent more than 20 years at The Home Depot, where he contributed to its growth from approximately 30 stores to over 2,000 [2][5] - In his new role at RenX, Jacobson will focus on supplier alignment, grower engagement, and category development, which is expected to accelerate the company's ability to build long-term relationships with leading growers [4][5] Group 2: Strategic Importance - The appointment of Jacobson is seen as a strategic move to enhance RenX's positioning in the market, particularly in expanding its composting, soil blending, and value-added potting media capabilities [6] - Jacobson's extensive experience includes the implementation of vendor-managed inventory programs and the establishment of national programs for potting soils and growing media, which are still in place today [3][5] Group 3: Company Background - RenX Enterprises Corp. was formed in 2021 and originally focused on real estate development for green housing projects, but is now concentrating on monetizing its legacy real estate asset portfolio [7] - The company operates an environmental processing and logistics platform, including an 80+ acre organics processing facility in Florida, and is expanding into sustainable potting media production through advanced milling technology [8]