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RENX ENTERPRISES CONFIRMS MICROTEC UTM 1200 TURBO MILL COMPLETED AND READY FOR SHIPMENT; APRIL DELIVERY EXPECTED AS SITE PREPARATION ADVANCES
MIAMI, FL , March 26, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. “RenX” (NASDAQ: RENX), a biomass recycling, logistics, and real estate company, today
About this update from Renx Enterprises Corp.
[{"type":"text","content":"MIAMI, FL , March 26, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. “RenX” (NASDAQ: RENX), a biomass recycling, logistics, and real estate company, today announced that it has received written confirmation from MTDH Germany GmbH (“Microtec”) that the UTM 1200 Turbo Mill ordered by the Company has been completed at the Microtec manufacturing facility and is being prepared for shipment from Germany to RenX’s Myakka City, Florida facility. Delivery to the site is expected in April 2026, as the Company works to finalize site preparation and coordinate installation logistics. The Microtec UTM 1200 is the primary size-reduction component of the Microtec milling system, a 12-step engineered processing circuit designed to process up to 10 tons per hour of woody biomass screened from compost and produce three specification-defined particle cuts through a closed-loop pneumatic recirculation process. Upon commissioning, the Microtec system is expected to enable the Company to convert a significant volume of screened woody biomass into finished, high-value wood fiber substrates and engineered growing media. In anticipation of the mill’s arrival, the Company has been executing across all pre-installation workstreams. RenX has finalized a comprehensive process flow and site engineering design, executed a turnkey equipment manufacturing and installation proposal with Met-L-Tec LLC covering fabrication, delivery, and mechanical integration of the processing line, and secured vendor commitments for the Allgaier TSM 2000 three-deck tumbler screener and Sesotec RAPID PRO SENSE free-fall metal rejection system. The Company has also contracted for a reinforced concrete pad installation and procured eight shipping containers to serve as on-site office and operational support infrastructure. The Microtec system will be deployed in phases. The initial phase, centered on the UTM 1200 milling line, is the subject of the current installation effort and is expected to be operational in 2026. Downstream components, including an automated bagging line and a soil blending line capable of metering and combining wood substrate fractions with compost and specialty inputs, are planned for a subsequent phase projected to begin no earlier than 2027. “Our team has been executing across every aspect of the pre-installation program, from engineering and vendor contr...