Glavel has filed a notice of an exempt offering of securities to raise $10,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Glavel is raising up to $10,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Robert Conboy played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Glavel
GLAVEL, INC., is a Vermont based company that specializes in manufacturing light-weight aggregate from recycled glass. Its technology will enable the construction industry to more cost effectively insulate below slab and achieve substantial reductions in the building material embedded carbon. GLAVEL is an excellent substitute for infrastructure projects that specify light-weight aggregate. Foam glass gravel is a highly stable and versatile product that has been successfully used in construction of buildings and infrastructure in Europe for over twenty-five years. Foam glass gravel is manufactured from cleaned recycled glass and is a lightweight aggregate proven to be an excellent product with multiple applications: building insulation, green roofs, bulk fill, frost heave insulation, and embankments. GLAVEL is a cost-effective alternative to sub-slab rigid foam insulation. Lighter than other fill materials, it provides significant benefit for infrastructure projects.
To learn more about Glavel, visit http://www.glavel.com/
Company Linkedin Page: https://www.linkedin.com/company/glavelinc/
Contact:
Robert Conboy, Chief Executive Officer
802-373-4606
https://www.linkedin.com/in/robconboy/
SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.