BlueInGreen Trending For Record Revenue Year
by June 3, 2014 2:50 pm 163 views
A Fayetteville-based technology startup is on pace to shatter its annual sales record.
BlueInGreen LLC, which develops products to improve and maintain water quality for industrial, municipal and ecological customers, has reached agreements with water providers in three states to help them more effectively and efficiently produce clean drinking water.
BlueInGreen will install its patented dissolved carbon dioxide solutions system at water treatment facilities in Omaha, Nebraska; Bismarck, North Dakota; and in the Antelope Valley, located 60 miles north of Los Angeles.
The purchase orders for the system, which the firm has trademarked CDOX, totaled $756,000 in those three areas.
Clete Brewer, chief executive officer of BlueInGreen, declined to discuss the company’s specific revenue totals, but did allow that 2014 is shaping up to be “three to four times” better than 2013.
“This is exciting news,” Brewer said. “It looks to be a breakout year for us. We are more efficient than any other company in dissolving gas into liquid for water and wastewater treatment. Our technology and our people make a difference.”
In addition to the purchase orders for the CDOX systems, BlueInGreen recently sold a supersaturated dissolved-oxygen system for corrosion and odor issues, trademarked as SDOX-CS, for $60,000 for use at a water collection facility in Arizona. It marks the company’s first sale of its SDOX-CS system.
“We have had some great breakthroughs by my team here who have worked very hard to get us through the commercialization hurdle in the water industry,” Brewer said.
BlueInGreen — a portfolio company of the Arkansas-based VIC Technology Venture Development, a private technology venture development firm based at the Arkansas Research and Technology Park — was formed in 2004 and has 11 employees.