Trending...
- Bethany Nikitenko Appointed to Philadelphia Trial Lawyers Association Board of Directors
- Racquet Club of Philadelphia appoints Michael J. Sofia as new General Manager
- Portalz Publishes FES World First Architecture Introducing a New Cryptographic Platform
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
- Michael Maertens Hired as Century Fasteners Corp. – Chief Financial Officer
- LATO AI Software Innovations Expedite Inspections & Repair of Parking Lots for The Pavement Group
- Built to Last: Why BSI Is Among the Nation's Fastest-Growing Companies, and One of Its Best Places to Work
- Bent Danholm's The Architecture of Demand Reaches No. 2 in Amazon Real Estate Sales
- Contracting Resources Group Named to Inc. 5000 for the Ninth Time
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
- Nola Blue Records to Release John Németh's Illinois Central in March 2027
- ImagineX Named to 2026 Inc. 5000 List of America's Fastest-Growing Private Companies
- ASSIST Software Becomes One of the First European Companies Certified to ISO/IEC 42001
- The World's No.1 Superstar® Enters the Occult with New Track and Cinematic Visual "Under Your Spell"
- PricZone Launches Online Shopping Platform Offering Electronics, Gaming, and More
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
- Insurance for Braces Helps Make Treatment More Manageable for Pennsylvania Families
- Black Ribbon Productions Launches With Fearless 2026 Horror Slate
- Actor Dominic Pace Returns to Television and Film
- Opteamix welcomes Girish Ramachandra to its leadership team as Senior Vice President of Client Services
- Silicon Box Ships 500M Units at High Yield, Expands Production Capacity for Panel-Level Packaging
- Bethany Nikitenko Appointed to Philadelphia Trial Lawyers Association Board of Directors
- Why Baton Rouge's Humid Climate Can Contribute to Carpenter Ant Damage — J&J Exterminating Explains How to Protect Your Home
- Meals on Wheels of the Greater Lehigh Valley Awarded $50,000 Grant from Harry C. Trexler Trust
- RPR Promotes Emily Line to Chief Strategy Officer and Janine Sieja to Chief Product Officer
- Kellyn Hosts Fourth Lehigh Valley Lifestyle Medicine Symposium
- Expanding Beyond Space as New Drone Market Opportunities Accelerate Growth: Ascent Solar Technologies (N A S D A Q: ASTI)
- Lauren Merrell, Dale Sorensen Real Estate, announces price improvement for an extraordinary island retreat
- Portalz Publishes FES World First Architecture Introducing a New Cryptographic Platform
- Racquet Club of Philadelphia appoints Michael J. Sofia as new General Manager
- Cellofest Brings Free Cello Concerts and Community Events to Bethany Beach August 5–16
- Blue Sky Capital Strategies, LLC awarded Leasing and Financial Services agreement with Premier Inc
- Michael M. Thomas Expands Executive Leadership Across Central India Outreach and Royal Trinity School
- Porter's Day Care Opens Doors to Brighter Futures
- Northeast Airlines and Travel, Inc. Initiates FAA Part 121 Certification for Boeing 737-800 Freighter Cargo Operations
- RevOtter Names Levi Bilbrey CEO, as Company Expands Fractional CMO, RevOps and Web Design Services