Neuvokas Awarded MIEIBC Emerging Company of the Year

Ahmeek, MI – November 11, 2015 – Last night the Michigan Energy Innovation Business Council, Michigan’s leading advanced energy business association honored Neuvokas Corporation with its Emerging Business of the Year award at its annual gala. At scale Neuvokas’ FRP rebar manufacturing process enjoys a 6.6:1 cost of energy advantage over its steel counterpart. The process allows Neuvokas to compete head-to-head with steel rebar being imported from China.

“We are very honored to receive this award,” said company Chief Operating Officer Ken Keranen, “its rewarding to see that all our hard work is being recognized state wide.”

About Neuvokas Corporation. Founded in 2012, Neuvokas Corporation is an Ahmeek, MI based company that manufactures and distributes FRP rebar made from basalt fiber (BFRP). Distributed under the GatorBar™ brand Neuvokas’ BFRP is seven times lighter than steel, is non-corrosive and sells for the same price as its steel counterpart.

About the Michigan Energy Innovation Business Council. The Michigan Energy Innovation Business Council is the only trade association dedicated to and focused on companies doing business in Michigan’s burgeoning advanced energy economy. Michigan EIBC’s mission is to grow Michigan’s advanced energy economy by fostering opportunities for innovation and business growth and offering a unified voice in creating a business-friendly environment for the advanced energy industry in Michigan.

Randy Oja

MJO Contracting

I wanted to drop a line and comment on your GatorBar product. This is the second project we’ve used it on and the first one that we used a power rake with. We placed the bar 18” OCBW and chaired it to 2 1/2” for a 5” slab. The GatorBar worked well, in particular we noticed how it rebounded back to the center of the slab after we drove over it, with steel rebar the rebar would often end up bent and left at the bottom of the slab, where it does nothing for crack control. Also, the labor savings on rebar placement was significant and I know the crew appreciated not having to wrestle with the heavy steel. We look forward to using it again on future projects.