Bruce Lounsbury talks about water technology, reducing risk, traditional infrastructure and the role of government in helping stimulate innovation
Brockville, ON – (October 28, 2014) In advance of his speaking engagement at the World Water-Tech North American Summit in Toronto, Bruce Lounsbury, CEO of newterra, was interviewed about some of the key issues facing technology companies in the water sector. newterra, the company Lounsbury co-founded in 1992, is a global leader in designing and manufacturing modular, scalable water treatment systems.
The interview touches on a number of key issues facing companies like newterra that are driving change in a market long dominated by traditional technologies and large, centralized infrastructure. Lounsbury cites the tremendous opportunities as well as the challenges facing the industry. “Traditional funding is based on large-scale capital projects that inherently rule out the adoption of new technologies. Smaller, incremental approaches, such as decentralized sewage treatment, offer lower risk opportunities to incorporate progressive technologies. They also open the door to other sources of funding.”
To read the full interview, click here.
The World Water-Tech North America Summit takes place in Toronto from November 12-14, 2014. For more information on the summit, visit: www.worldwatertechnorthamerica.com
newterra is a leading provider of decentralized water and wastewater treatment solutions to the resource, private development and municipal markets. With its suite of patented and proprietary technologies, newterra offers a broad range of solutions to the world’s most demanding industrial end users including mining, and oil & gas. newterra’s capabilities newterra’s capabilities – from design & engineering to manufacturing in its own facilities – allow the company to maintain full control over the quality and on-time delivery of its systems. With operations in Canada, the United States, Germany and Chile, newterra can address its customers’ needs on a global basis. newterra has achieved Platinum status as a distinguished recipient of Deloitte’s 50 Best Managed Companies Award for the past seven consecutive years. The company was also selected from over 9,000 firms as a 2013 Global Cleantech Top 100 Company.
For further information, please contact: