RenX Enterprises Corp. (NASDAQ: RENX), a Miami-based biomass recycling, logistics, and real estate company operating a vertically integrated environmental services platform, has launched a Florida-focused land clearing division.
According to the company, the division has already received its inaugural purchase order from a regional land development company that covers land clearing services at a project site. The company will clear and remove vegetation, stumps, and woody debris, which is then transported to its 80-acre processing facility in Myakka City, Florida, where it becomes feedstock for mulch and compost production.
The company added that its new division is equipped with the proprietary Komptech Crambo 6000, a high-capacity dual-shaft industrial shredder that reduces cleared vegetation, stumps, and woody debris on site, allowing the division to process material where it is cleared rather than hauling it away whole.
“Every acre we clear pays us twice,” said David Villarreal, CEO of RenX Enterprises Corp. “The customer pays for the service, and the material we haul off that site goes straight into our Myakka City platform as feedstock instead of into a landfill. Just as important, this work follows construction calendars, not planting calendars. It earns in the months when soil products are quiet. This division was a natural extension of equipment we operate and own and the personnel we already employ.”
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