Business
RenX Enterprises Renews Major Organic Waste Transport Partnership Responsible For More Than $3 Million in Revenue in 2025
MIAMI, FL, April 06, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: RENX) (“RenX” or the “Company”) today announced that Zimmer Equipment Inc.
About this update from Renx Enterprises Corp.
[{"type":"text","content":"MIAMI, FL, April 06, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: RENX) (“RenX” or the “Company”) today announced that Zimmer Equipment Inc. (“ZEI”), its wholly-owned organic waste transport subsidiary, has renewed a service agreement with one of the largest waste management companies in North America. The renewed contract spans the Tampa Bay metropolitan area, covering service to transfer stations and material recovery facilities across the region. Under the terms of the renewed agreement, ZEI will continue providing organic waste transportation services through 2028 that incorporates rate adjustments and a fuel surcharge mechanism indexed to published energy pricing benchmarks. The contract is also subject to annual consumer price index adjustments, establishing a structured framework for rate alignment with market conditions over the life of the agreement. The counterparty generated more than $3 million in revenue for ZEI during calendar year 2025, making it one of the largest contributors to the ZEI revenue base. The Tampa Bay region has emerged as one of the more active markets for organic waste diversion from landfills, driven in part by regulatory pressure on waste-to-landfill volumes and growing demand for locally sourced substrate from composting and agricultural end users. ZEI’s transport network is positioned to serve as a consistent supply link between waste generation points and downstream processing capacity, including the Microtec organic waste processing unit that RenX is currently commissioning for expected operation in the second half of 2026. About RenX Enterprises Corp. RenX Enterprises Corp. is a biomass recycling, logistics, and real estate company operating a vertically integrated environmental services platform focused on the engineered soils, organic recycling, and bulk materials logistics industries. The Company’s platform is designed to be differentiated by its use of advanced milling and material-processing technology, including a planned deployment of a licensed Microtec system, to precisely size, refine, and condition organic inputs into consistent, high-performance soil substrates. This technology-enabled approach will allow RenX to move beyond traditional waste-to-value operations and manufacture engineered growing media with repeatable quality and defined specifications. RenX’s core o...