Carbon Cycle Investments recently announced the completion of a stock purchase agreement with publicly traded company MPM Technologies, Inc., (MPML). MPM Technologies, based in Spokane, Wash., is a leading global manufacturer of environmental control equipment and a developer of waste-to-value solutions. AirPol, Inc. a wholly owned subsidiary of MPM since 1998, is a leader in the air pollution control industry. AirPol provides an array of systems including scrubbers, absorbers and wet electrostatic precipitators to eliminate particulate materials and acid gases (SOx, HCl & HF) from industrial exhaust streams. Through the stock purchase, CCI now controls the development and commercialization of a waste gasification technology that transforms carbon-based materials into clean-burning gas for electric power generation or chemical conversion.
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Peter Colella has been active in corporate finance activities on a national and international level over the course of his 32-year career. In addition to over 300 successful investment banking transactions, Mr. Colella has also built a stellar performance record with turnarounds and profit improvement services over the past twenty years. He is active in a number of civic, social and business organizations and has served as vice president, president and board chairman of the Philadelphia Chapter of the Association for Corporate Growth as well as national vice president. Previously, Mr. Colella was a Board member of Italy America Chamber of Commerce from 2008-2012, ImCure therapeutics from 2009-2012, CEO Think Tank from 2007-2012, and Tridon Industries from 2005-2012. Mr. Colella holds an MBA from St. John’s University and BS degree in Business Administration from LaSalle College.
Brian Burrow brings 15 years of business and entrepreneurial experience to the company. For the past five years, Mr. Burrow has worked as an economist and project manager for several organizations, including City of Spokane, the Spokane Area Workforce Development Council and Spokane Community College and has worked on projects for companies including Haskins Steel, Moss Adams and The Boeing Company. During this time, he played a leadership role in receiving a Governor’s Best Practice Award for integrating economic and workforce development which led to him designing an aerospace training program at eleven community and technical colleges as part of the Air Washington project. Mr. Burrow holds a BA in Finance and a BA in Economics from Eastern Washington University and is currently conducting research for his thesis on regional economics for an interdisciplinary studies Master of Economics degree also from Eastern Washington University.