RenX’s Zimmer Equipment Inc. Wins New Florida Hauling Contract
Rhea-AI Summary
RenX Enterprises (NASDAQ: RENX) announced on Feb 10, 2026 that its subsidiary Zimmer Equipment secured a new hauling services contract with a Florida waste transfer operator.
The agreement covers dedicated hauling of construction and demolition materials, is expected to generate recurring revenue, improve fleet utilization, and aligns with RenX's waste-to-value strategy and planned Microtec milling deployment.
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Market Reality Check
Peers on Argus
SGD gained 42.26%, while key peers like XIN, LRE, GBR, and JFB showed modest single‑digit moves and AEI declined 5.63%. With only one peer in the momentum scanner and mixed peer performance, today’s strength appears stock‑specific rather than sector‑driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 18 | Name and ticker change | Positive | +42.3% | Corporate rebrand to RenX and new ticker to reflect strategic focus. |
| Dec 16 | Pricing increase | Positive | -6.3% | 25% price increase on recurring compost orders at Myakka facility. |
| Dec 09 | Tech deployment | Positive | -57.3% | Secured Micotec Mill delivery and ramped grinding systems to boost throughput. |
| Nov 25 | New purchase orders | Positive | +4.2% | New wood fines orders from large agricultural inputs distributor at Myakka site. |
| Nov 14 | Earnings growth | Positive | -9.8% | Reported 4,200% YoY Q3 revenue growth and improved gross margins. |
Recent positive operational and financial updates often met with mixed or negative price reactions, indicating volatile and sometimes contrarian trading around good news.
Over the past few months, the company reported record Q3 2025 revenue of $3.5 million, significant year‑over‑year growth, and new commercial wins at its Myakka, Florida site. It also announced a new agricultural distributor customer, a 25% compost price increase, and secured Micotec milling technology to scale higher‑margin products. A later rebrand to RenX and ticker change to RENX signaled strategic focus on engineered soils and renewable materials. Today’s Florida hauling contract adds another recurring-revenue stream within that same waste-to-value strategy.
Regulatory & Risk Context
An active Form S-3 filed on 2025-10-31 registers 91,115,703 shares for resale by selling stockholders. The company will not receive proceeds from these resales and may receive up to $9.0 million only if associated warrants are exercised for cash. The prospectus highlights potential substantial dilution from conversions and anti‑dilution features.
Market Pulse Summary
This announcement adds a contracted Florida hauling services agreement that supports RenX’s waste‑to‑value model, emphasizing recurring revenue and fleet utilization. It complements prior steps such as Micotec milling deployment and new compost and wood‑fines customers at the Myakka site. Investors may track execution on this contract, additional customer wins, and utilization of the existing S‑3 resale registration for 91,115,703 shares as key context for balancing growth against dilution risk.
Key Terms
waste transfer operator technical
construction and demolition materials technical
organics recycling technical
AI-generated analysis. Not financial advice.
Miami, FL, Feb. 10, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: RENX) (“RenX” or the “Company”) (NASDAQ: RENX) (“RenX” or the “Company”), a technology-driven environmental processing and sustainable materials company focused on producing value-added compost, engineered soils, and specialty growing media for agricultural, commercial, and consumer end markets, today announced that its wholly owned subsidiary, Zimmer Equipment, Inc. (“Zimmer”), has secured a new hauling services contract with a Florida waste transfer operator.
Under the agreement, Zimmer will provide dedicated hauling services supporting the transportation of construction and demolition materials from a high-volume transfer facility to downstream disposal and processing sites. The contract is expected to result in recurring revenue from the waste transfer operator and improve fleet utilization.
“This contract reflects continued progress in expanding our contracted hauling base and executing on our operating strategy,” said David Villarreal, Chief Executive Officer of RenX Enterprises. “Zimmer continues to demonstrate disciplined execution and reliable service for its customers.”
The contract supports RenX’s broader waste-to-value strategy, which includes hauling and logistics, organics recycling, engineered soils, and the planned deployment of proprietary Microtec milling technology.
Zimmer Equipment operates a fleet of trucks and heavy equipment across Florida, serving municipal, commercial, and industrial customers. For more information about Zimmer Equipment, visit www.equipmentzimmer.com.
About RenX Enterprises Corp.
RenX Enterprises Corp. is a technology-driven environmental processing and sustainable materials company focused on producing value-added compost, engineered soils, and specialty growing media for agricultural, commercial, and consumer end markets. The Company’s platform is differentiated by its use of advanced milling and material-processing technology, including the planned deployment of a proprietary licensed Microtec system, to precisely size, refine, and condition organic inputs into consistent, high-performance soil substrates. This technology-enabled approach allows RenX to move beyond traditional waste-to-value operations and manufacture engineered growing media with repeatable quality and defined specifications.
RenX’s core operations are anchored by a permitted 80+ acre organics processing facility in Myakka City, Florida, where the Company integrates organics processing, advanced milling, blending, and in-house logistics to support the localized production of proprietary soil substrates and potting media. By optimizing products for regional feedstocks and customer requirements, RenX is able to shorten supply chains, enhance quality control, and improve unit economics while serving higher-value end markets. The Company also owns a portfolio of legacy real estate assets acquired prior to its strategic transformation, which it intends to monetize over time and redeploy toward its technology-driven environmental processing platform.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are or may be deemed to be forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions. These forward-looking statements include, without limitation, statements regarding generating recurring revenue and improving fleet utilization; RenX’s broader waste-to-value strategy, which includes hauling and logistics, organics recycling, engineered soils, and the planned deployment of proprietary Microtec milling technology; moving beyond traditional waste-to-value operations and manufacturing engineered growing media with repeatable quality and defined specifications; and monetizing over time and redeploying the Company’s portfolio of legacy real estate assets.
These forward-looking statements are based on certain assumptions and analyses made by the Company in light of its experience, perception of historical trends, current conditions, and expected future developments, as well as other factors the Company believes are appropriate under the circumstances. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to generate recurring revenue and improve fleet utilization; the Company’s ability to continue to expand its contracted hauling base and execute on its waste-to-value strategy, including hauling and logistics, organics recycling, engineered soils, and the deployment of proprietary Microtec milling technology; the Company’s ability to achieve cash flow positivity; the Company’s ability to advance monetization initiatives across its real estate and legacy asset portfolio; the Company’s ability to maintain adequate liquidity and working capital; the Company’s reliance on third-party technologies and partners; the availability and cost of feedstock and other inputs; market acceptance of engineered growing media products; general economic and market conditions; and other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, and its subsequent filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof, except as required by law.
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FAQ
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