Global Technologies Group, Inc. President Forms J3 Advanced Engineering Technologies, Inc.
March 11 2013 - 9:19AM
Marketwired
Global Technologies Group, Inc. (PINKSHEETS: GTGP) James Fallacaro,
President of GTGP, announced that he has formed a new company, J3
Advanced Engineering Technologies, Inc. (J3) in Butte, Montana to
ensure the continuation of working with the same chemists,
engineers, scientists and support staff. They will be handling all
the needed bench scale and prototype treatability demonstrations,
on site supervision, project management and marketing for the
various uses of the MBS chemical process for bonding heavy metals
in the field of remediation for GTGP.
J3 signed a multi-year lease on February 1st consisting of 8,800
square feet from Montana Tech of The University of Montana. The
buildings, which are known as the Mt. Tech Research Facility,
consist of 4,500 square feet of offices with a bench scale lab and
a 4,300 square foot high test bay. The high test bay is for
advanced pilot projects, a fabrication shop and space for the
incubator companies that will be joining us. J3 has completely
renovated the office building and the bench-scale laboratory.
The professionals that worked for MSE on previous GTGP metals
treatment projects using MBS are at the new facility. Projects they
conducted include the treatability studies for Waste Lock 770/MBS
combination of materials to treat and dewater soils and sediments
simultaneously, and the presentation of that work by J3 at the
Waste Management Symposium 2013 in Phoenix. The team participated
in meetings at Oak Ridge National Laboratory for mercury treatment
and performed bench-scale mercury testing that lead to a full-scale
implementation of the MBS technology for mercury treatment of flue
gas at a cement plant. The depth of their talents and skill sets is
well known for their work with the DOE, the EPA, and the Military
as well as many large corporations within the industry.
This gives GTGP the ability to follow through on Mr. Fallacaro's
original plans to have a presence in Butte, Montana, which, in his
opinion, has some of the best talent in the fields of engineering
and chemistry. Mt. Tech is one of the leading institutions in those
fields and a broad range of new talent coming into the workplace
yearly. J3 will be handling all future testing for various
technology uses not only for MBS but for other technologies which
will give GTGP the ability to assess and potentially license or
form joint ventures with other interested parties. J3 will also
handle all marketing for GTGP.
"In November, after we walked from the deal in Butte, nothing
was going to change my mind about the people, the talent and the
sincere interest by all involved in creating an engineering company
as well as a company for incubator startups to interact with the
talent on board at J3. In the end, I believe now we have all the
benefits of the experience, talent and integrity of those that have
come on board and others to follow as well," stated James
Fallacaro.
Global Technologies Group, Inc. (GLOBAL) is a company that is in
the business of acquiring exclusive licenses and distribution and
reseller contracts on proven technologies in the environmental,
green and war fighter industries. The criteria for the licensing or
distribution agreements of the technologies are: they must be
proven, validated and in use. The business plan of Global is to
sublicense the technologies it acquires to companies in Countries
covered under the original license grants and for its own use. For
our exclusive distribution and reseller agreements, we partner with
appropriate representatives in the covered countries for resale of
turn key projects. Solucorp Industries is the patent holder and
licensor of the MBS technology.
Contact: James Fallacaro Email Contact 941-685-1616
www.glbtech.com
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