Over its 35-year history, NRI has evolved from a small developer of pipe repair systems to a “one-stop-shop” innovative provider of a wide array of composite solutions.
NRI is established.
NRI secures its first contract with the U.S. government, requiring NRI’s Syntho-Glass system to be carried aboard all Navy vessels.
Syntho-Glass XT product is released and awarded as Product of the Year by Plant Engineering.
Viper-Skin product suite is released.
NRI expands its operations to Oklahoma, Texas and Europe.
Scar-Guard product is released.
NRI moves headquarters to its current facility in Riviera Beach, FL.
NRI University is launched to expand NRI’s engineering and installation capabilities. Thermo-Wrap product is released and NRI expands operations to Malaysia.
NRI launches Middle East growth initiative, opens office in Middle East.
Steel-Wrap product suite is launched to meet growing demand for civil infrastructure M&R solutions.
NRI Europe opens in Manchester, UK providing expert installation, repairs and training for customers throughout Europe, Asia and Africa.
Further expanding its ability to provide fast response and custom solutions, NRI closed on the acquisition of IMG Composites/CompoSol International.
2018 – 2019
NRI expects annual revenue growth of ~18%, driven by acquisitions and organic growth.