Caloris Engineering Forms Strategic Partnership, Makes Plans to Expand

Easton, Md. – Caloris Engineering, LLC, a provider of advanced evaporation systems to the food, chemical and wastewater industries, has entered into a strategic partnership with a group of investors that will allow the company to expand its capabilities and product offerings in the near future.

The co-founders of Caloris agreed earlier this year to sell an equity stake to 3A Ventures, a consortium of five individual investors based in Minnesota, following a strategic partner search process in which a number of prospective buyers participated.

The founding partners of Caloris will retain a significant ownership stake. Co-founder Art Zimmer will continue to lead the company as the CEO. Jim Peterson, a member of 3A Ventures, became President of Caloris Engineering. The additional co-founders, Linda Zimmer, Daniel Neth and Barry McFarland, will continue to hold active management roles within the company.

All Caloris employees have been retained and select positions have been created to be filled with qualified candidates as they become available.

“Caloris has invested in the necessary personnel resources and in the development of innovative evaporation technology that will enable the company to continue its impressive growth trajectory into the future,” says Jim Peterson.

“And this is exactly what we will continue to do with our new partners, who will help us expand our technology base and markets, while we maintain strong financial performance, to the benefit of every stakeholder involved,” adds Art Zimmer. “While Caloris has already established its position as an evaporation technology leader, this partnership assures that the company will continue to provide innovative solutions to its customers going forward.”

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Missy Corley
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About Caloris

Caloris transforms process systems design for the better with unexpected, future-focused solutions that solve real operational problems. We engineer efficient, dependable and productive solutions that also improve environmental sustainability where practical. Designed with the end user in mind to drive plant productivity. Caloris offers evaporation, membrane filtration and spray drying process systems for food and dairy industries, as well as for water reuse and wastewater treatment applications. Both Caloris’ custom and pre-engineered packaged systems are designed to meet our customers’ specific concentration/purification needs utilizing the most cost effective and energy efficient technologies available. Whether concentrating dairy, food or juice products at a high-volume production facility, or processing industrial wastewaters to reduce transportation and treatment costs and recover re-usable water, Caloris provides a range of options and technologies.