Cemtrex's Advanced Industrial Services Awarded Two Contracts Totaling $6.7 Million From Derry Township Municipal Authority
Cemtrex's Advanced Industrial Services Awarded Two Contracts Totaling $6.7 Million From Derry Township Municipal Authority
Project Supports Innovative Biosolids Management Program to Generate Sustainable Fertilizer
项目支持创新的污泥管理计划以生成可持续的肥料
Brooklyn, NY, Dec. 09, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced it has been awarded two project contracts totaling $6.7 million through its Advanced Industrial Services ("AIS") subsidiary. The contracts are for upgrades at the Clearwater Road Wastewater Treatment Facility in Derry Township, Pennsylvania, managed through the Derry Township Municipal Authority (DTMA).
纽约布鲁克林,2024年12月9日(GLOBE NEWSWIRE)-- Cemtrex Inc.(纳斯达克:CETX,CETXP),一家先进的安防科技和工业服务公司,今天宣布已通过其先进工业服务("AIS")子公司获得两个项目合同,总额为670万美元。合同涉及对宾夕法尼亚州德里镇清水路污水处理设施的升级,由德里镇市政管理局(DTMA)管理。
The Clearwater Road Wastewater Treatment Facility, operational since 1977, has a treatment capacity of 5.02 million gallons per day. The AIS contracts encompass a general contract and HVAC contract for the addition of a new owner-supplied gasification-drying process and ancillary processes to support the new gasification-drying process. This process is integral to the facility's innovative biosolids management program, which converts residual solids from wastewater into an exceptional quality granular fertilizer.
清水路污水处理设施自1977年投入运营,日处理能力为502万加仑。AIS合同包括一个总承包合同和一个HVAC合同,负责增加新的业主提供的气化干燥过程和辅助过程,以支持新的气化干燥过程。该过程是设施创新污泥管理计划的核心,该计划将污水中残留的固体物质转化为优质颗粒肥料。
The project is expected to be completed by the calendar year end of 2025.
项目预计将在2025年年末完成。
"Across the country, more than 16,000 wastewater treatment plants are approaching the end of their lifespans and in need of upgrades," said Saagar Govil, Chairman and CEO of Cemtrex. "Furthermore, many municipalities are implementing biosolids programs that recycle nutrients from wastewater into a high-quality fertilizer, providing environmental benefits such as reduced water use, capturing carbon dioxide, improving farm soil health – all while producing additional revenue. Taken together, cities and municipalities are primed for capital investments that replace and innovate on their current wastewater facilities. With AIS's expertise and capabilities, we believe it is well positioned to build on its pipeline of opportunities in the wastewater market and attract additional multi-million-dollar infrastructure projects that build revenue growth."
Cemtrex的董事长兼首席执行官Saagar Govil表示:“在全国范围内,超过16,000个污水处理厂正接近其使用寿命的终点,急需升级。此外,许多市政当局正在实施污泥计划,将污水中的营养物质回收成高质量肥料,提供环境效益,如减少水的使用、捕获二氧化碳、改善农田土壤健康,同时带来额外收入。综合来看,城市和市政当局正准备进行资本投资,以替换和创新他们现有的污水设施。凭借AIS的专业知识和能力,我们相信它在污水市场的机会管道中处于良好位置,并能够吸引额外的数百万美元的基础设施项目,以推动收入增长。”
"This $6.7 million contract also highlights the success of AIS's strategic entry into the wastewater infrastructure market through its acquisition of Heisey Mechanical in 2023," Govil continued. "This acquisition significantly broadened AIS's capabilities and expanded the markets we serve. It's a testament to the value of the acquisition and AIS's ability to leverage those strengths to drive growth. As we move forward, we continue to explore new acquisition opportunities that will enable us to expand into additional markets and further accelerate our growth trajectory."
"这份670万美元的合同突显了AIS通过收购Heisey Mechanical进入废水基础设施市场的战略成功," Govil继续说道。"这项收购显著拓宽了AIS的能力,扩展了我们服务的市场。这是收购价值的证明,也是AIS利用这些优势推动增长的能力的体现。随着我们向前发展,我们将继续探索新的收购机会,使我们能够扩展到其他市场,并进一步加速我们的增长轨迹。"
About Cemtrex
关于Cemtrex
Cemtrex Inc. (CETX) is a company that owns two operating subsidiaries: Vicon Industries Inc and Advanced Industrial Services Inc.
Cemtrex Inc.(CETX)是一家拥有两个运营子公司的公司:Vicon Industries Inc和爱文思控股。
Vicon Industries, a subsidiary of Cemtrex Inc., is a global leader in advanced security and surveillance technology to safeguard businesses, schools, municipalities, hospitals and cities. Since 1967, Vicon delivers mission-critical security surveillance systems, specializing in engineering complete security solutions that simplify deployment, operation and ongoing maintenance. Vicon provides security solutions for some of the largest municipalities and businesses in the U.S. and around the world, offering a wide range of cutting-edge and compliant security technologies, from AI-driven video analytics to fully integrated access control solutions. For more information visit
Vicon Industries是Cemtrex Inc.的子公司,是全球领先的先进安防和监控技术提供商,旨在保护企业、学校、市政机构、医院和城市。自1967年以来,Vicon提供关键任务的安防监控系统,专注于工程全面的安防解决方案,以简化部署、事件;事件控件和持续维护。Vicon为美国和世界各地的一些大型市政和企业提供安防解决方案,提供从人工智能驱动的视频分析到全面集成的访问控制解决方案等广泛的前沿合规安防技术。有关更多信息,请访问
AIS – Advanced Industrial Services, a subsidiary of Cemtrex, Inc., is a premier provider of industrial contracting services including millwrighting, rigging, piping, electrical, welding. AIS Installs high precision equipment in a wide variety of industrial markets including automotive, printing & graphics, industrial automation, packaging, and chemicals. AIS owns and operates a modern fleet of custom designed specialty equipment to assure safe and quick installation of your production equipment. Our talented staff participates in recurring instructional training, provided to ensure that the most current industry methods are being utilized to provide an efficient and safe working environment. For more information visit
AIS – 爱文思控股的子公司Cemtrex Inc, 是一家顶尖的工业承包服务提供商,提供包括机械安装、吊装、管道、电气和焊接在内的服务。AIS在汽车、印刷与图形、工业自动化、包装和化学品等多种工业市场中安装高精度设备。AIS拥有并运营一支现代化的定制专业设备 fleet,以确保您的生产设备的安全和快速安装。我们的优秀员工定期参与培训,以确保采用最新的行业方法,提供高效安全的工作环境。欲了解更多信息,请访问
For more information visit .
欲了解更多信息,请访问。
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前瞻性声明
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the closing of the offering, gross proceeds from the offering, our new product offerings, expected use of proceeds, or any proposed fundraising activities. These forward-looking statements are based on management's current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. These risks and uncertainties are discussed under the heading "Risk Factors" contained in our Form 10-K filed with the Securities and Exchange Commission. All information in this press release is as of the date of the release and we undertake no duty to update this information unless required by law.
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