(New Orleans, LA, U.S.) ‒ Advanced Polymer Monitoring Technologies (APMT) co-founder and CEO, Alex Reed, was named to the Forbes 30 under 30 list in the Manufacturing/Industry category. APMT is based in New Orleans, LA and has shipped patented analytical instruments that support product development and real time monitoring of production for two major industries, polymeric materials and biotechnology. The focus of the company is to reduce production costs, improve product quality, enable more efficient use of energy, non-renewable resources, and to reduce emissions and other pollutants, while enhancing worker safety.
Dr. Bill Bottoms, APMT’s Chairman said, “Alex has led APMT since its founding, assembling a core team of engineers, completing development of initial offerings for 2 product lines and qualification of APMT’s Automatic Continuous On-line Monitoring of Polymer reactions (ACOMP) at a major polymer manufacturer. All this was accomplished with operating funds from customers and contracts. This is what entrepreneurs aspire to but few ever accomplish.”
APMT was also recently recognized as one of the 29 inaugural NOLA100 companies in 2015. This is a group of 100 companies going into the New Orleans tricentennial in 2018 considered to be leading the local entrepreneurship movement.
“Being a part of this technology spin-out of Tulane University’s Center for Polymer Reaction Monitoring and Characterization has been very interesting,” said John E. Koerner III, an emeritus member of the Board of Tulane and an early APMT investor. “Commercialization of technology discovered and developed through science and engineering is an extremely important activity for supporting economic development in New Orleans and Louisiana, especially innovation in a key sector for the State like chemical manufacturing. The team at APMT, led by Alex, has done a tremendous job in taking the company through some very solid early successes.”
Alex Reed said “This is a tremendous honor made possible by the years of hard work on the part of many extremely talented individuals, especially our team at APMT, Inc. and the very dedicated team at Prof. Wayne Reed’s laboratory at Tulane University over the years. This means a lot to all of us and is a direct tribute to what a great team, great technology and persistence can accomplish. I very much look forward to see what the future holds as we continue working together.”
About APMT
Advanced Polymer Monitoring Technologies, Inc. develops, manufactures and distributes products and services for the real time monitoring and control of polymer reactions across all synthetic and natural polymer sectors from R&D through high volume industrial production. For more information, please visit www.apmtinc.com.
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