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Stock impact report

RCM Technologies, Inc. Announces Acquisition of Thermal Kinetics

RCM Technologies, Inc. (RCMT) 
Last rcm technologies, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: rcmt.com/about-rcm/investor-relations
Company Research Source: GlobeNewswire
PENNSAUKEN, N.J., Nov. 15, 2018 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT) announced today the acquisition of Thermal Kinetics, an established Buffalo-based engineering company providing full service process equipment supply, engineering, development and design services for construction and industrial customers.  The purchase of Thermal Kinetics, structured as an asset purchase, will complement and expand RCM’s Engineering services offerings and provide all of our customers with a stronger depth of experienced engineering resources and capabilities. “We are very pleased to welcome Thermal Kinetics into the RCM family,” commented Frank Petraglia, President of Engineering Services for RCM.  “This acquisition will build and strengthen RCM’s reputation as a premier single-source provider of engineering and technology solutions, having a strong customer focus and offering an integrated suite of services.  Thermal Kinetics has built an outstanding reputation for pr Show less Read more
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