July 14, 2011
Northwest renews CIE lease agreement with CMC
MARYVILLE, Mo. - Northwest Missouri State University and Carbolytic Materials Company, the Maryville-based manufacturer of ApexCMTM carbon black replacement material, are continuing their partnership as the University this week renewed a lease agreement allowing the manufacturer to use space in Northwest's Center for Innovation and Entrepreneurship.
The agreement extends CMC's tenant occupancy in the CIE for another year. CMC uses the center as a base for research and development operations.
"We are pleased that Carbolytic Materials Company wished to renew its lease," said Dr. Charles A. McAdams, dean of Northwest's College of Arts and Sciences and chair of the CIE Advisory Board. "While Northwest is committed to the economic development of our region, CMC has made an important investment in the Maryville community with the building of its $19 million dollar plant. CMC continues to use the CIE for laboratory analysis and research and development. As their business grows it is anticipated that CMC's footprint and use of the CIE will expand as well."
Dr. Frank Gerberich, senior vice president of CMC, said, "The CIE continues to be a large enabler for the development of our business and technology. It provides access to laboratory facilities and analytical capabilities that we could not otherwise afford as a small company. We are delighted in continuing our relationship with Northwest Missouri State University."
CMC is the first company to successfully recover a carbon black alternative suitable for commercial use from existing rubber products. CMC's approach to carbon black production relies on discarded tires as the raw material. The process reduces the amount of used tires going to landfills, while simultaneously recovering carbon black and oil. The resulting product, ApexCMTM, comes in pellets or powder and has applications in the plastics and rubber industry, along with combustible oil and gas.
CMC became the first tenant at Northwest's CIE in spring 2008. A year later, the manufacturer began production at a new 20,000 square-foot facility in Maryville that employs 25 people. CMC and about 20 other Missouri firms were recognized by state officials in 2009 as Rising Stars of Innovation and Entrepreneurship.
The CIE is a mixed-use incubator with emphasis on technology-based, start-up companies. It also provides assistance to existing small businesses and encourages development of new small businesses. The 46,679 square-foot facility includes three lab analysis research areas, a shared scientific instrument room and 9,000 square feet of tenant office space. The academic wing contains more than 16,000 square feet of highly specialized teaching and research labs and offices.
For more information about opportunities to lease space or utilize the services of the CIE's contract analysis lab, contact Dr. Frank Veeman, CIE manager, at 660.562.0823 or go to www.nwmissouri.edu/cie/.
For more information about Carbolytic Materials Company go to www.carbolytic.com.
For more information, please contact:
Mark Hornickel, Media Relations Specialist
email@example.com | 660.562.1704 | Fax: 660.562.1900
Northwest Missouri State University
215 Administration Building | 800 University Drive | Maryville, MO 64468