RenX Enterprises Corp. (NASDAQ: RENX) (“RenX” or the “Company”) today announced that a Komptech XL3 trommel screener integrated with an automated three-stacker conveyor system was deployed at its permitted 80+ acre organics processing facility in Myakka City, Florida as of March 10, 2025. The equipment has been brought on site under a rental agreement as the Company evaluates operational efficiency gains.
The XL3 and automated stacker configuration will replace the facility’s previous screener and the two-operator model it requires, a setup in which a dedicated loader and separate operator are needed to continuously reposition and stage material as it exits the screening circuit. The new system integrates three 80-foot automated stacking conveyors directly into the XL3’s discharge, eliminating the need for the second operator and loader while simultaneously expanding throughput capacity. The upgrade is expected to deliver a meaningful increase in the volume of processed green waste, including compost, mulch, and other finished products, available for sale each operating day.
“Myakka is our core production site, and every operational decision we make there is aimed at processing more material, more efficiently, and at a lower cost per yard,” said David Villarreal, Chief Executive Officer of RenX Enterprises Corp. “Replacing a manual two-operator staging setup with an integrated stacking system is exactly the kind of targeted improvement that should result in significant, measurable impact with more throughput, lower variable cost, and a cleaner flow of finished product to market. This is the operating model we are building toward.”
The XL3-stacker deployment also lays the groundwork for a fully integrated processing circuit at Myakka. As the Company seeks to advance its broader technology platform, including the planned deployment of the Microtec UTM 1200 Turbo Mill, the combination of high-capacity screening and precision milling is designed to establish a continuous flow from organics intake through finished-product dispatch. Management believes this integrated platform, once fully operational, will represent a meaningful step forward in the Company’s ability to convert a greater share of processed material into higher-value engineered soil substrates across the Company’s core operations at Resource Group US (RGUS).
