Trending...
- Ice Melts. Infrastructure Fails. What Happens to Clean Water?
- Revolutionary Data Solution Transforms Health Insurance Underwriting Accuracy
- Kilmaine Saints to Anchor St. Patrick's Day Weekend with Live Album Recording at XL Live
Innovative Environmental Technologies, Inc. (IET) has executed a "Stock Purchase Agreement" with the principals of AXXELLA, LLC. in which a minority ownership in IET was sold to the AXXELLA principals. The IET integration into the AXXELLA network will provide to AXXELLA access to the capabilities and technologies practiced by IET while providing to IET access to the Blue Ocean real estate development opportunities and the AXXELLA family of companies in teamings.
PIPERSVILLE, Pa. & BALTIMORE - PennZone -- Since 1998, IET has been recognized as a leader in technologies for the remediation of groundwaters impacted by various industrial solvents, heavy metals, petroleum hydrocarbons and pesticides,
Today, IET takes the next step in providing the direction for the environmental remediation industry, teaming with progressive real estate/brownfield developers, and a network of parallel companies. These strategic alliances will propel the maturation of the environmental contracting and remediation market into the 21st century by establishing a model of collaboration for others to follow.
Comparatively, the environmental remediation industry is in its infancy. Techniques, technologies, accepted processes and the expectations for participating companies is evolving as the industry matures. The evolution of alliances outside of the current, loose contractor/consultant/product supplier relationships, represents a natural, yet unique progression, meeting the needs of both the environmental remediation industry and the brownfield development markets.
More on The PennZone
The collaboration between these groups as equity partners is both innovative and logical.; By creating a network of synergistic companies with diverse capabilities, shared objectives and common stakeholders, collaborative projects may be undertaken.
"This is the next step in our industry" says Michael Scalzi, president of IET. "We are excited and energized by the opportunities our new alliances represent. This is an innovative and progressive approach to uniting the various contracting capabilities necessary for the economic restoration of manufacturing legacy sites. We look forward to participating in the evaluation and assessment of the economies associated with identifying underutilized properties and returning those properties to contributing elements of regional economies."
About AXXELLA, LLC. https://axxella.com/:
Founded in 2018, Axxella was born with the purpose to expand upon the already established assembly of service businesses Blue Ocean ( https://blueocean.com/) had assembled since its inception in 2004. These businesses have expanded from nurturing the specific needs of Blue Ocean to providing goods and services to many third-party partners. In addition, we have partnered or outright acquired businesses that have complimented the strengths of the legacy companies.
About Blue Ocean https://liveworktru.com/commercial-properties/:
More on The PennZone
Based in Baltimore, MD, Blue Ocean actively participates in many different real estate asset types on a management and investment level. It was founded by Jonathan Ehrenfeld in 2004. Since that time Blue Ocean has successfully syndicated purchased and managed tens of multi-million dollar multi-family and commercial assets.
About Innovative Environmental Technologies, Inc. https://www.iet-inc.net/
Formed in 1998, Innovative Environmental Technologies, Inc. (IET) is the oldest and most respected remedial contractor providing patented and licensed in-situ injection services in the United States. IET provides turn-key design and implementation services to environmental consulting companies as well as providing environmental drilling and geotechnical services.
The IET Remediation Services Division - Since 1998, IET has designed and implemented over 2,500 in-situ remediation projects. IET's remediation division is committed to providing the most appropriate and cost-effective technology based solutions for a wide variety of impacted soils and groundwater. IET's sixteen (16) in-house patented, patent pending and licensed technologies allow for the in-situ treatment of chlorinated solvents, petroleum hydrocarbons, pesticides and heavy metals.
The IET Drilling Services Division - Beginning in 2008, IET expanded its capabilities to include environmental and geotechnical drilling services to its clients. The Drilling Services Division has expanded through organic growth and strategic acquisitions resulting in one of the country's largest and most diverse environmental contractors in the United States.
Today, IET takes the next step in providing the direction for the environmental remediation industry, teaming with progressive real estate/brownfield developers, and a network of parallel companies. These strategic alliances will propel the maturation of the environmental contracting and remediation market into the 21st century by establishing a model of collaboration for others to follow.
Comparatively, the environmental remediation industry is in its infancy. Techniques, technologies, accepted processes and the expectations for participating companies is evolving as the industry matures. The evolution of alliances outside of the current, loose contractor/consultant/product supplier relationships, represents a natural, yet unique progression, meeting the needs of both the environmental remediation industry and the brownfield development markets.
More on The PennZone
- Postmortem Pathology Expands Independent Autopsy Services Across Colorado
- $38 Million in U.S. Government Contract Awards Secured Through Strategic Partner. Establishing Multi-Year Defense Revenue Platform Through 2032: $BLIS
- Mecpow M1: A Safe & Affordable Laser Engraver Built for Home DIY Beginners
- CrashStory.com Launches First Colorado Crash Data Platform Built for Victims, Not Lawyers
- Inkdnylon Earns BBB Accreditation for Verified Business Integrity
The collaboration between these groups as equity partners is both innovative and logical.; By creating a network of synergistic companies with diverse capabilities, shared objectives and common stakeholders, collaborative projects may be undertaken.
"This is the next step in our industry" says Michael Scalzi, president of IET. "We are excited and energized by the opportunities our new alliances represent. This is an innovative and progressive approach to uniting the various contracting capabilities necessary for the economic restoration of manufacturing legacy sites. We look forward to participating in the evaluation and assessment of the economies associated with identifying underutilized properties and returning those properties to contributing elements of regional economies."
About AXXELLA, LLC. https://axxella.com/:
Founded in 2018, Axxella was born with the purpose to expand upon the already established assembly of service businesses Blue Ocean ( https://blueocean.com/) had assembled since its inception in 2004. These businesses have expanded from nurturing the specific needs of Blue Ocean to providing goods and services to many third-party partners. In addition, we have partnered or outright acquired businesses that have complimented the strengths of the legacy companies.
About Blue Ocean https://liveworktru.com/commercial-properties/:
More on The PennZone
- Josh Stout "The Western Project"
- Open House Momentum Builds at Heritage at South Brunswick
- A Celebration of Visibility, Voice and Excellence: The 57th NAACP Image Awards Golf Invitational, Presented by Wells Fargo, A PGD Global Production
- TopDogTours Expands Award-Winning Walking Tours in Philadelphia with Immersive Experiences
- Athens in Spring: A Culinary City Break That Rivals Paris and Copenhagen
Based in Baltimore, MD, Blue Ocean actively participates in many different real estate asset types on a management and investment level. It was founded by Jonathan Ehrenfeld in 2004. Since that time Blue Ocean has successfully syndicated purchased and managed tens of multi-million dollar multi-family and commercial assets.
About Innovative Environmental Technologies, Inc. https://www.iet-inc.net/
Formed in 1998, Innovative Environmental Technologies, Inc. (IET) is the oldest and most respected remedial contractor providing patented and licensed in-situ injection services in the United States. IET provides turn-key design and implementation services to environmental consulting companies as well as providing environmental drilling and geotechnical services.
The IET Remediation Services Division - Since 1998, IET has designed and implemented over 2,500 in-situ remediation projects. IET's remediation division is committed to providing the most appropriate and cost-effective technology based solutions for a wide variety of impacted soils and groundwater. IET's sixteen (16) in-house patented, patent pending and licensed technologies allow for the in-situ treatment of chlorinated solvents, petroleum hydrocarbons, pesticides and heavy metals.
The IET Drilling Services Division - Beginning in 2008, IET expanded its capabilities to include environmental and geotechnical drilling services to its clients. The Drilling Services Division has expanded through organic growth and strategic acquisitions resulting in one of the country's largest and most diverse environmental contractors in the United States.
Media Contact
Michael Scalzi, President
Innovative Environmental Technologies, Inc.
mikescalz@iet-inc.net
8887218283
Michael Scalzi, President
Innovative Environmental Technologies, Inc.
mikescalz@iet-inc.net
8887218283
Source: Innovative Environmental Technologies, Inc.
0 Comments
Latest on The PennZone
- Workplace safety ideas from the front lines to highlight Applied Ergonomics Conference in Arlington, Texas
- ThoroughCare Appoints New Chief Executive Officer & Chief Growth Officer to Accelerate Expansion
- OpenSSL Corporation Advisory Committees' Elections 2026: Results Announcement
- Zarova Vodka Expands Its Ultra-Premium Spirits Portfolio Through Strategic Acquisitions
- The Legal AI Showdown: Westlaw, Lexis, ChatGPT… or EvenSteven?
- François Arnaud, star of Heated Rivalry, is the real-life inspiration behind Christopher Stoddard's novel At Night Only
- UK Financial Ltd Sets February 27 CATEX Debut for VENUS Coin, Opening Limited Early Access Through MayaPro Wallet
- Ice Melts. Infrastructure Fails. What Happens to Clean Water?
- Delay In Federal Disaster Assistance Causing Failure Of Small Business In Disaster Areas
- Capsadyn® Launches on Amazon, Offering Non-Burning Capsaicin Pain Relief
- Pita Chip Celebrates One Year at The Concourse at Comcast Center with Free Entrees for the Community
- When Representation No Longer Reflects the District — Why I'm Voting for Pete Verbica
- How Direct Home Buyers Are Simplifying the Selling Process for Philadelphia Homeowners
- Off The Hook YS (NY SE: OTH) Executes Transformational Apex Acquisition, Creating Vertically Integrated Marine Powerhouse with $60M Inventory Capacity
- Tri-State Area Entrepreneur Launches K-Chris: A Premium Digital Destination for Luxury Fragrances
- Why One American Manufacturer Builds BBQ Smokers to Aerospace Standards
- Diversified Roofing Solutions Strengthens Industry Leadership With Expanded Roofing Services Across South Florida
- ZRCalc™ Cinema Card Calculator Now Available for Nikon ZR Shooters
- Revolutionary Data Solution Transforms Health Insurance Underwriting Accuracy
- $36 Million LOI to Acquire High Value Assets from Vivakor Inc in Oklahoma's STACK Play — Building Cash Flow and Scalable Power Infrastructure; $OLOX