Kelso councilman Mike Karnofski talks on April 1 about the "balance" needed to handle city nuisance issues Kelso spent an average of about $37,000 in construction contract changes for recent updates to the Kelso train station and Catlin Hall as well as emergency repairs on Edinburgh Court and near the Peter Crawford Bridge with the first two projects being completely covered by state or federal funds One project came in under the original contract amount Construction spending is rising across the country Census Bureau data shows construction spending in March was 2.8% higher than in March 2024 spending was also 1% above the same time period last year A report by the national trade association Associated Builders and Contractors states reasons for the increase include high interest rates and global trade uncertainty amid tariff changes City reports released earlier this month show the contract for a new roof and exterior paint for the Kelso train station on First Avenue came in $76,291.57 over the original contract Updates to the building originally constructed in 1912 was funded through the Washington State Department of Commerce, OK’d in the state Legislature in 2024 which approved about $260,000 more than the city’s original contract amount The updates to Catlin Hall, which houses the Kelso Senior Center Association came in $66,057.42 over the original contract The original contract also had to be revised because tax was inaccurately calculated at 8.2% The work was covered by federal COVID relief money from the American Rescue Plan Act and included a new restroom building for men’s as well as a utility room and spray park control room Emergency repairs to a water main on Edinburgh Court came in $75,327 under the original contract The city’s water repair and maintenance budget covered the repair of an 8-inch water main Kelso Public Works Director Michael Kardas previously told The Daily News the court’s sewer main seemed to be installed incorrectly when it was first added in the 1990s Emergency work to repair a collapsed section of a storm line under the railway and Peter Crawford Bridge came in $5,475.79 above the original contract for the project that ran from Oct Work on the area known as Basin 14 was paid out of the city’s drainage capital reserve fund Revised contract amount: $530,372.11 (corrected at 8.1% sales tax) Stay up-to-date on the latest in local and national government and political topics with our newsletter Email notifications are only sent once a day Access the latest Lower Columbia news in The Daily News app that lets you select the topics that matter most to you Get up-to-the-minute news sent straight to your device Account processing issue - the email address may already exist Invalid password or account does not exist Submitting this form below will send a message to your email with a link to change your password An email message containing instructions on how to reset your password has been sent to the email address listed on your account During his first days at the school back in 2013 Lausanne football coach Kevin Locastro lamented the fact that the school didn't have a baseball program The former Christian Brothers baseball player remembers seeing kids leave Lausanne every year to go play for his former coach Buster Kelso at CBHS "We can't continue to lose good athletes to CBHS because we don't have baseball," Locastro remembers telling then-athletic director Troy Baker Five years later, with Locastro as AD, Lausanne had a varsity TSSAA baseball program housed out at Gagliano Field, the same place Locastro remembers watching Kelso win his first TSSAA state championship with Bishop Byrne in 1980 when he was in eighth grade On May 1, Locastro was in the same stands watching Kelso and his team, only this time, Kelso was in Lausanne colors winning his 1,200th career game as the Lynx (23-12) defeated ECS 11-3 during the DII-A West Region Tournament bringing Kelso's career record to 1,200-405 "It's almost like I'm hearing him in the dugout when I played for him," Locastro said and 99% of the kids that play for him respect the fact that he's that way He's been doing it for 45 years and he's changed so many young men's lives." Kelso's win total is the most in Tennessee high school baseball history and the seventh-most nationally among active coaches in the semifinal of the double-elimination tournament "One of my favorite wins of all time was right here in this stadium in 1980 — my first state championship," Kelso said after Thursday's game one he said wasn't too different than any other "I remember (the 1980 championship) like it was yesterday (The 10 career state championships) are all good How Buster Kelso has helped grow young Lausanne programWhen Kelso was hired at Lausanne in 2022 after his exit from CBHS he reunited with another former player in coach Chris Mitchell and have blended their ranging styles of old-school baseball to build Lausanne into a winning program in just its seventh year "I always joke with him that I thought I was old school until I brought him over here," Mitchell said with a laugh We've been able to bring some things that he's done for decades and I think the players have enjoyed it." Aside from his coaching expertise and work with the team's pitchers maybe the biggest thing Kelso has done at Lausanne is share the stories — those of his winning moments and losses leaving Lausanne prepared for whatever comes it's way He's also instilled a winning mentality and belief that Lausanne can go as far as it wants "He has so much experience so we respect everything that he tells us," said Emre Roan We've started to believe that we can win." Lausanne aiming for first TSSAA baseball state championshipFrom making the program's first playoffs a few years ago they're looking to win the program's first state title We're ready to make a big jump and we have the guys to do it," said senior Caleb Doty "(Kelso) and (Mitchell) have done an awesome job in just helping us become better men we've become a lot better teammates and it's fun to be around." they'll lean on Kelso's lessons and his preaching of hard work in moments like one Roan recalled when Kelso had the team run bases in the snow "There have definitely been some times where I'm like 'I can't beleive I'm out here right now,'" Roan said "But that just creates a winning mentality so that's something we appreciate." "There's never a situation we run into that he can't relate to a former team and share with our guys," Mitchell said "It's been a special experience all the way around." Wendell Shepherd Jr. is The Commercial Appeal's high school sports beat writer. Reach Wendell at wendell.shepherd@commercialappeal.com or on X @wendellsjr_ 2025 (GLOBE NEWSWIRE) -- Kelso Technologies Inc (“Kelso” or the “Company”),(TSX: KLS) reports that the Company has released the unaudited interim consolidated financial statements and Management Discussion and Analysis for the three months ended March 31 The unaudited interim consolidated financial statements were prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”) All amounts herein are expressed in United States dollars (the Company’s functional currency) unless otherwise indicated The Company’s unaudited interim consolidated financial statements and MD&A for the three months ended March 31 2025 were approved by the Board of Directors on April 30 (*) FY2024 numbers adjusted for discontinued operations Refer to Note 16 of the Q1-2025 Financial Statements (**) Reconciliation of Net Income (Loss) to Adjusted EBITDA for the first quarter ended March 31 Readers are cautioned that Adjusted EBITDA (Loss) should not be construed as an alternative to net income (loss) as determined under IFRS Accounting Standards; nor as an indicator of financial performance as determined by IFRS Accounting Standards; nor a calculation of cash flow from operating activities as determined under IFRS Accounting Standards; nor as a measure of liquidity and cash flow under IFRS Accounting Standards The Company's method of calculating Adjusted EBITDA may differ from methods used by other issuers and the Company's Adjusted EBITDA may not be comparable to similar measures used by any other issuer 2025 the Company had cash on deposit in the amount of $417,188 accounts receivable of $1,596,583 prepaid expenses of $53,005 and inventory of $2,617,988 compared to cash on deposit in the amount of $153,147 accounts receivable of $1,091,304 prepaid expenses of $30,876 and inventory of $3,042,749 as at December 31 The Company had income tax payable of $68,024 at March 31 The working capital position of the Company as at March 31 2025 was $2,570,415 compared to $2,125,386 as at December 31 The Company anticipates that its capital resources and operations will enable it to continue conducting business as planned for the foreseeable future Total assets of the Company were $6,877,978 as at March 31 2025 compared to $6,570,345 as at December 31 Net assets of the Company were $4,641,365 as at March 31 2025 compared to $4,229,030 as at December 31 the Company also obtained a line of credit of $500,000 Amounts drawn on the line of credit bear interest at the Wall Street Journal prime rate (WSJ Prime Rate) plus 1.00% The line of credit is secured by a general security agreement over the Company’s assets the company had drawn down $250,000 on the line of credit the Company paid down $50,000 and has $300,000 available on the line of credit as of April 30 Management takes all necessary precautions to minimize risks however additional risks could affect the future performance of the Company Business risks are detailed in the Risks and Uncertainties section of this MD&A OUTLOOKThe company is emerging from a challenging financial landscape influenced by market dynamics and strategic initiatives in 2024 The improvements to operational efficiency and reduction of overhead costs undertaken by the new management team are beginning to bear fruit with positive earnings anticipates sales growth to be flat to slightly positive A primary emphasis for the fiscal year 2025 will be to uphold cost management as the company gears up for the expected rise in new tank car production anticipated to commence in 2026 This strategic plan will enable the company to take advantage of the growing demand and enhance profitability Kelso is currently seeking full approval from the Association of American Railroads (AAR) for its Bottom Outlet Valve (BOV) and Angle Valve (AV) both of which are progressing through their required service trial periods This pending approval is anticipated to create new revenue opportunities particularly due to the increased value of comprehensive package offerings for both general purpose and pressure tank cars The forecast for tank car deliveries has shown a slight improvement compared to recent trends After averaging just over 8,700 cars annually from 2021 to 2023 actual deliveries for 2024 exceeded 10,000 cars with FTR predicting a modest rise to 10,325 in 2025 This production level indicates a 15.8% increase over the average from 2021 to 2023 presenting an opportunity for better outcomes Industry forecasts for 2026 and beyond indicate a positive trajectory with expected growth reaching 13,000 units by 2027 Kelso’s strategic emphasis on securing AAR approvals is in line with this anticipated market growth positioning the company to take advantage of future demand increases The Company is confident in its ability to generate new value and expects continued success in its established rail markets With no long-term debt that accrues interest and optimistic sales outlooks from larger Kelso can focus on increasing its equity value through financial performance supported by a wider array of new proprietary products Kelso is a diverse transportation equipment company that specializes in the creation sales and distribution of proprietary products used in rail and automotive transportation The Company’s rail equipment business has been developed as a designer and reliable domestic supplier of unique high- quality rail tank car valves that provide for the safe handling and containment of commodities during rail transport Kelso products are specifically designed to address the challenging issues of public safety worker well-being and potential environmental harm while providing effective and efficient operational advantages to customers   Kelso’s innovation objectives are to create products that diminish the potentially dangerous effects of human and technology error through the use of the Company’s portfolio of proprietary products Legal Notice Regarding Forward-Looking Statements: This news release contains “forward-looking statements” within the meaning of applicable securities legislation Forward-looking statements indicate expectations or intentions Forward-looking statements in this news release include that our new rail products will sell once AAR approvals are secured; and that current working capital and anticipated sales activity are expected to protect the Company’s ability to conduct ongoing business operations for the foreseeable future Although Kelso believes the Company’s anticipated future results performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations they can give no assurance that such expectations will prove to be correct The reader should not place undue reliance on forward-looking statements and information as such statements and information involve known and unknown risks uncertainties and other factors which may cause the actual results performance or achievements of Kelso to differ materially from anticipated future results performance or achievement expressed or implied by such forward-looking statements and information including without limitation that the risk on the rail industry including tariffs inflation and short supply chain issues may reduce or delay business orders from customers; that the development of new products may proceed slower than expected cost more or may not result in a saleable product; that tank car producers may produce or retrofit fewer than cars than expected and even if they meet expectations the Company does not intend to update the forward-looking information and forward-looking statements contained in this news release The project will boost the local economy and support Meta's regional operations Arevon Energy has commenced the construction of its Kelso solar project in Scott County in the US state of Missouri in a significant step forward for renewable energy in the region with a combined capacity of 430 megawatts defined conditions is expected to bolster local economies and support Meta’s regional operations through long-term environmental attributes purchase agreements Arevon and Meta entered two long-term environmental attributes purchase agreements for the Kelso solar project which is Arevon Energy’s first utility-scale renewable venture in Missouri is now underway with the ground-breaking of its two phases The first phase is set for completion by the end of 2025 Arevon chief executive officer Kevin Smith stated: “Kelso Solar marks Arevon’s entrance into Missouri and when operational will boost the state’s installed solar capacity by almost 50% This major project furthers Arevon’s growing presence in the Midwest region of the US which is a priority market for our company’s development activities Don’t let policy changes catch you off guard Stay proactive with real-time data and expert analysis “Celebrating the project’s construction alongside our partners and stakeholders also gives us the opportunity to recognise the immense economic benefits the project provides I am grateful to Scott County for its partnership as well as its leadership in expanding homegrown and cost-effective energy in the state.” The project’s development has already spurred economic growth in the area with over 450 local workers expected to be employed at the peak of construction Primoris Services Corporation’s Renewable Energy business is tasked with the engineering procurement and construction of both phases Kelso is projected to contribute more than $34m to local government Arevon Energy achieved financial close for the project in March 2025 a $172m construction loan and $92m in credit assistance with the Canadian Imperial Bank of Commerce serving as the administrative agent Give your business an edge with our leading industry insights View all newsletters from across the GlobalData Media network Arevon Energy has begun construction on the 430-megawatt Kelso Solar Project in Missouri, set to boost the state’s solar capacity by nearly 50% and generate $34 million for local communities.Christopher BorroThe groundbreaking for Arevon Energy's Kelso Solar Project commenced Wednesday Arevon vice president of development; Bradley Kolwyck Scott County School District superintendent; Marcie Lawson Sikeston Regional Chamber and Economic Development Corp Arevon chief executive officer; Michelle Fayette Kenny Rogers Children's Center executive director; and Jim Simmons mayor of Benton.Courtesy of Arevon EnergyShovels have hit the dirt as renewable energy developer Arevon Energy broke ground on the 430-megawatt Kelso Solar Project on Wednesday local municipalities and economic development groups assembled at the 2,500-acre site north of Blodgett to break ground “Kelso Solar marks Arevon’s entrance into Missouri and when operational will boost the state’s installed solar capacity by almost 50 percent This major project furthers Arevon’s growing presence in the Midwest region of the United States which is a priority market for our company’s development activities,” said Kevin Smith the project will disburse some $34 million to local governments in support of schools “Arevon’s Kelso Solar has already provided substantial economic benefits to our community,” said Marcie Lawson president of Sikeston Regional Chamber and Economic Development Corp “Projects like these not only ensure affordable but also create jobs and boost revenue streams We appreciate the partnership with Arevon and look forward to Kelso Solar advancing toward operations.” A second phase will begin the first quarter of 2026 which at its peak will employ 450 personnel Technology company Meta signed two long-term purchase agreements for Kelso Solar to support its operations in the region It owns and operates energy facilities producing more than 4.5 gigawatts across 17 states with nearly 2 gigawatts in additional projects under construction the company announced a $509 million financial package to fund the Kelso Solar Project with several international banks serving as arrangers and coordinators Go to www.semissourian.com/newsletters to find out more Connect with the Southeast Missourian Newsroom: were hurt in a drive-by shooting at a South Seattle park Thursday night A Kelso woman is facing arson and animal cruelty charges for allegedly setting fire to her own home and killing two pet birds Celeste Guadalupe Hollis, 33, of Kelso, appeared in Cowlitz County Superior Court room at the county jail this week. A public defender was assigned to her case She faces one count of first-degree arson and another count of first-degree animal cruelty officers from the Kelso Police Department responded at about 6:41 p.m to a single-story structure fire in the 800 block of Kiltie Place Cowlitz 2 Fire & Rescue later told police that the fire appeared to have started in one of the bedrooms and a possible accelerant was used to ignite the blaze officers obtained surveillance footage from a neighboring residence showing Hollis walking around the home while a fire alarm was blaring She was reportedly seen walking past her home’s front door and continuing down the street toward Lord Street a neighbor ran towards the fire to help anyone inside Hollis returned to the scene wearing the same clothes as seen in the video and tried to enter her home She allegedly admitted to starting the fire “Cuz I don’t want to f**king be here anyway.” Hollis reportedly provided a cigarette lighter she said was used to ignite the blaze Two small birds died while they were in their cages during the fire and Hollis told authorities she knew the birds were inside the home She has a hearing scheduled for Wednesday to enter a guilty or not guilty plea Matt Esnayra covers public safety in Cowlitz County Support local news coverage and the people who report it by subscribing to The Daily News Ghana's economy has been hit by brutal inflation for years Would you like to receive our daily news? Signup today there are no recent results for popular commented articles Your browser is out of date and potentially vulnerable to security risks.We recommend switching to one of the following browsers: hosted a construction groundbreaking event for its 430 megawatt (MWdc) Kelso 1 & 2 Solar Projects in Scott County Inc. hosted a construction groundbreaking event for its 430 megawatt (MWdc) Kelso 1 & 2 Solar Projects in Scott County Missouri.Arevon will own and operate the project on a long-term basis with the first phase anticipated to achieve commercial operations by the end of 2025 and the second phase estimated to start operations in the first quarter of 2026 Kelso Solar is Arevon's first utility-scale renewable energy project in Missouri The development and construction of the more than USD 500 million project have resulted in a significant increase in economic activity in Scott County and the surrounding areas During peak construction, Kelso Solar will employ more than 450 personnel primarily sourced from local labor to build the project.Both phases are being constructed by Primoris Services Corporation's Renewable Energy business and construction services to the power generation industry and shops have positively benefitted from the construction activities in the area.Throughout its multidecade operations, Kelso Solar is estimated to disburse more than USD 34 million to local governments "Kelso Solar marks Arevon's entrance into Missouri and when operational will boost the state's installed solar capacity by almost 50 percent This major project furthers Arevon's growing presence in the Midwest region of the United States which is a priority market for our company's development activities," said Smith "Celebrating the project's construction alongside our partners and stakeholders also gives us the opportunity to recognize the immense economic benefits the project provides I am grateful to Scott County for its partnership as well as its leadership in expanding homegrown and cost-effective energy in the state." "Arevon has been very generous to Benton's local businesses and our surrounding area," said Mayor Simmons "I am excited to see the positive impact Kelso Solar will have on our community." "Arevon's Kelso Solar has already provided substantial economic benefits to our community," said Lawson "Projects like these not only ensure affordable We appreciate the partnership with Arevon and look forward to Kelso Solar advancing toward operations." Please select what you would like included for printing: Copy the text below and then paste that into your favorite email application Enter your phone number above to have directions sent via text This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply Service map data © OpenStreetMap contributors Kelso Technologies reports its first profitable quarter since Q1-2020 with Q1-2025 net income of $412,337 ($0.01 per share) The company's revenue increased 19.06% year-over-year to $3.16 million with improved gross profit margins of 44.6% Management expects flat to 5% sales growth for FY2025 The company is preparing for increased tank car builds in 2026/2027 with industry forecasts predicting growth to 13,000 units by 2027 Leadership changes include COO Tony Andrukaitis's retirement and Amanda Smith's promotion to COO effective July 2025 Kelso maintains a strong position with no long-term interest-bearing debt and is pursuing AAR approvals for its Bottom Outlet Valve and Angle Valve products Kelso Technologies registra il suo primo trimestre in utile dal primo trimestre del 2020 con un utile netto di $412.337 ($0,01 per azione) nel primo trimestre del 2025 I ricavi della società sono aumentati del 19,06% rispetto all'anno precedente con un miglioramento del margine lordo al 44,6% La direzione prevede una crescita delle vendite tra lo 0% e il 5% per l'anno fiscale 2025 L'azienda si sta preparando a un aumento della produzione di carri serbatoio nel 2026/2027 con previsioni di settore che stimano una crescita fino a 13.000 unità entro il 2027 il COO Tony Andrukaitis andrà in pensione e Amanda Smith sarà promossa a COO a partire da luglio 2025 Kelso mantiene una posizione solida senza debiti a lungo termine con interessi e sta perseguendo le approvazioni AAR per i suoi prodotti Bottom Outlet Valve e Angle Valve Kelso Technologies reporta su primer trimestre rentable desde el primer trimestre de 2020 con un ingreso neto en el primer trimestre de 2025 de $412,337 ($0.01 por acción) Los ingresos de la compañía aumentaron un 19.06% interanual hasta $3.16 millones La gerencia espera un crecimiento de ventas plano a 5% para el año fiscal 2025 La empresa se está preparando para un aumento en la fabricación de vagones tanque en 2026/2027 con pronósticos de la industria que predicen un crecimiento hasta 13,000 unidades para 2027 Los cambios en el liderazgo incluyen la jubilación del COO Tony Andrukaitis y el ascenso de Amanda Smith a COO a partir de julio de 2025 Kelso mantiene una posición sólida sin deuda a largo plazo con intereses y está buscando aprobaciones de AAR para sus productos Bottom Outlet Valve y Angle Valve Kelso Technologies는 2020년 1분기 이후 처음으로 수익성 있는 분기를 기록했으며 회사의 매출은 전년 동기 대비 19.06% 증가한 316만 달러를 기록했으며 경영진 변경 사항으로는 COO 토니 안드루카이티스의 은퇴와 아만다 스미스의 2025년 7월부터 COO 승진이 포함됩니다 Bottom Outlet Valve 및 Angle Valve 제품에 대한 AAR 승인을 추진 중입니다 Kelso Technologies annonce son premier trimestre bénéficiaire depuis le premier trimestre 2020 avec un bénéfice net de 412 337 $ (0,01 $ par action) au premier trimestre 2025 Le chiffre d'affaires de la société a augmenté de 19,06% en glissement annuel pour atteindre 3,16 millions de dollars Les principaux points financiers incluent : La direction prévoit une croissance des ventes stable à 5 % pour l'exercice 2025 L'entreprise se prépare à une augmentation de la production de wagons-citernes en 2026/2027 avec des prévisions industrielles anticipant une croissance jusqu'à 13 000 unités d'ici 2027 Les changements de direction incluent le départ à la retraite du COO Tony Andrukaitis et la promotion d'Amanda Smith au poste de COO à compter de juillet 2025 Kelso conserve une position solide sans dette à long terme portant intérêt et poursuit les approbations AAR pour ses produits Bottom Outlet Valve et Angle Valve Kelso Technologies meldet sein erstes profitables Quartal seit dem ersten Quartal 2020 mit einem Nettogewinn von 412.337 USD (0,01 USD je Aktie) im ersten Quartal 2025 Der Umsatz des Unternehmens stieg im Jahresvergleich um 19,06% auf 3,16 Millionen USD mit verbesserten Bruttogewinnmargen von 44,6% Das Management erwartet ein Umsatzwachstum von 0 bis 5% für das Geschäftsjahr 2025 Das Unternehmen bereitet sich auf eine erhöhte Produktion von Tankwagen in 2026/2027 vor wobei Branchenprognosen bis 2027 ein Wachstum auf 13.000 Einheiten vorhersagen Führungswechsel umfassen den Ruhestand von COO Tony Andrukaitis und die Beförderung von Amanda Smith zur COO ab Juli 2025 Kelso hält eine starke Position ohne langfristige zinstragende Schulden und strebt AAR-Zulassungen für seine Produkte Bottom Outlet Valve und Angle Valve an Kelso reports first profitable quarter since Q1-2020 with 19.06% revenue growth and improved margins signaling operational turnaround despite conservative outlook Kelso Technologies' Q1-2025 results mark a significant financial turnaround reporting the company's first profitable quarter since Q1-2020 The net income of $412,337 ($0.01 per share) represents a dramatic improvement compared to the $698,759 loss in Q1-2024 core business performance is even stronger at $504,982 Revenue increased by 19.06% year-over-year to $3.16 million while gross profit margins expanded to 44.6% from 41.8% demonstrating improved operational efficiency through favorable sales mix and expense optimization strategies The company's liquidity position shows some concerns with cash decreasing to $417,188 from $1,066,089 year-over-year while accounts receivable nearly doubled to $1,596,583 Working capital remains positive at $2.57 million though lower than the $4.02 million in the comparable period The company has drawn $250,000 on its $500,000 line of credit but importantly maintains no long-term interest-accruing debt Management's conservative outlook of 0-5% growth for FY2025 reflects market uncertainties but positions the company for anticipated industry expansion with tank car deliveries projected to reach 13,000 units by 2027 Pending AAR approvals for its Bottom Outlet Valve and Angle Valve products should create new revenue opportunities particularly for comprehensive tank car package offerings The well-managed leadership transition with Amanda Smith succeeding retiring COO Anthony Andrukaitis suggests operational continuity while supporting ongoing cost reduction initiatives 19.06% YoY to $3.16 million compared to $2.70 million in Q1-2024 Kelso increased its gross profit to 44.6% up from 41.8% in Q1-2024 primarily due to the sales mix and ongoing expense optimization strategies.The first quarter of 2025 brought both challenges and opportunities for the Company Despite uncertainties surrounding international trade and tariffs affecting the demand for tank cars the Company remains optimistic and dedicated to achieving sustainable revenue growth the Company’s commitment to strategic planning and innovation positions it well to navigate these complexities and capitalize on emerging opportunities.For FY2025 the company continues to believe that sales growth will be flat to slightly positive The primary objective in 2025 will be to uphold cost discipline as the company prepares for the expected increase in new tank car builds commencing in 2026/2027 This strategy is designed to position the company to capitalize on the anticipated demand and enhance profitability.Announcing the retirement of Anthony “Tony” Andrukaitis as Director effective June 3 2025 and as Chief Operating Officer June 30 2025.Executive Vice President of Operations Amanda Smith will succeed Tony as COO effective July 1 The EVP position will be eliminated as part of management’s ongoing cost reduction strategy.The Corporate Governance and Nominating Committee appoints Mark Temen of Phoenix and equipment$9,243 $0 Adjusted EBITDA$412,172 $99,720  (*) FY2024 numbers adjusted for discontinued operations Already have an account? 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Click here to register Please check your spam or junk folder just in case Get the latest in local public safety news with this weekly email Independent power producer (IPP) Arevon Energy has begun construction of its 430MW solar PV project in the US state of Missouri Arevon expects to commission the Kelso 1 project by the end of 2026 and begin commercial operations at Kelso 2 in the first quarter of 2026 Both phases are built by contracting specialist Primoris Services Corporation’s Renewable Energy business This is the IPP’s first utility-scale renewable energy project in the state of Missouri which it will own and operate on a long-term basis “Kelso Solar marks Arevon’s entrance into Missouri and when operational will boost the state’s installed solar capacity by almost 50% This major project furthers Arevon’s growing presence in the Midwest region of the United States which is a priority market for our company’s development activities,” said Kevin Smith Solar PV penetration in Missouri is among the lowest in the country according to data from trade body the Solar Energy Industries Association (SEIA) the state had its best year in over a decade with more than 250MW of solar PV additions SEIA forecasts 3.5GW of solar PV additions in the next five years in Missouri Arevon continues to expand its presence in the Midwest with the construction of four solar PV plants in Indiana with a combined capacity of 744MW the company has an operational portfolio of more than 4.5GW across 17 states the IPP has a 1.9GW pipeline of projects under construction and 6GW in the development phase we have upgraded our product offerings and features to bring you the best experience please check your email inbox for password reset message from PV Tech and follow the instructions Can\'t find the email? Try to sign in again and use the "Forgot Password" button If you have any questions please contact us (TSX: KLS) (“Kelso” or “the Company”) announces that Anthony (Tony) Andrukaitis will retire from the Board of Directors effective June 3rd and as Chief Operating Officer effective June 30th Executive Vice President Amanda Smith will assume the role of COO starting July 1 The company and the board are pleased to welcome Mark Temen of Phoenix Andrukaitis has diligently served in his role effectively building a strong team in Bonham and mentoring Ms Smith to assume his roles and responsibilities “It has been a pleasure working with Tony over the last five years,” says Frank Busch “Tony was particularly helpful through the management changes during summer and autumn of 2024 Tony’s guidance with corporate and industry knowledge helped the new management team get up to speed quickly Andrukaitis oversaw the operations of the Bonham Texas facilities as well as the development and production of the Company’s rail product line Tony’s retirement was previously delayed due to the difficult period of the COVID 19 pandemic and related rail recession Tony used some of that time to mentor EVP Amanda Smith to assume his duties as COO kindness and leadership guided Kelso through extreme business challenges market fluctuations and economic uncertainties while maintaining a positive culture,” says incoming COO support and invest in me and my personal development as his successor.” The Company anticipates a seamless transfer to Ms at which time she will fully assume the role of COO As part of management’s ongoing efforts to reduce expenses the position of Executive Vice President of Operations will be eliminated The Corporate Governance and Nominating Committee is pleased to announce the appointment of Mark Temen to fill the vacant seat on Kelso Technologies Inc’s Board of Directors Temen was nominated by shareholders and brings years of finance and business experience to the Board "Mark Temen’s appointment contributes financial expertise to the board," says Laura Roach Chair of the Corporate Governance and Nominating Committee and business experience will complement the existing members and enhance board governance." The Board and Management of Kelso Technologies Inc welcome the addition of Mark Temen to the board loyal and diligent service to the company and its stakeholders and we wish him a very happy and well-deserved retirement The Company’s rail equipment business has been developed as a designer and reliable domestic supplier of unique high-quality tank car valves that provide for the safe handling and containment of commodities during rail transport Kelso’s innovation objectives are to create products that diminish the potentially dangerous effects of human and technology error through the use of the Company’s portfolio of proprietary products Forward-looking statements in this news release include that our new Chief Operating Officer will seamlessly transition into the new role; and that our new director will enhance governance of the board of directors through his finance and business experience including without limitation that the risk that the longer-term effects on the rail industry including high interest rates inflation and supply chain issues may reduce postpone or cancel business orders from customers; that the development of new products may proceed slower than expected SPLC and Florida Decides Healthcare File Lawsuit Challenging DeSantis’ Attack on Direct Democracy — Read More where he is a key behind-the-scenes operative I had long known that I possessed an incredible mind I knew I was more intelligent than any of the teachers at Palisades [High School] I suffered enormous stress trying to make sense of the nonsense peddled at that government brainwashing pen.” — Interview with Michael Medved and David Wallechinsky published in the 1975 book “[If] I were part-White or fully non-White I would not reproduce my racial type … I would be doubly and quadruply [sic] sure not to finagle a gullible White person into permanently cancelling [sic] the White genotype of their White genes by breeding mixed-race children with me That would be a crime against that White person and against every other member of the White race.” — Stormfront.org posting some other easily observable sociobiological aspects of our Nature appear to be our undoing now which was a great survival trait when we evolved in lands that were all White is always damaging to our own kind’s survival … The non-Whites must be doubled-over with laughter at times as they watch as we help them in every way we can to give away our lands and our lives for their benefit.” — Stormfront.org posting where he attended Palisades High School near Los Angeles Classmates describe him as a very bright loner who was young for his year: he had skipped two grades in elementary school Kelso was profiled in a Time Magazine article on the class of 1965 at Palisades High School Although Kelso was at one point a member of MENSA having briefly attended the University of California Kelso became deeply involved in a number of religious sects he was a devoted practitioner of transcendental meditation He then moved on to a Japanese religion called Nichiren Shoshu Buddhism While proselytizing for Nichiren Shoshu Buddhism he ran into a Scientologist who convinced him to join them Kelso was a member of the “Sea Organization,” a group of elite Scientologists who devoted all of their time and energy to working for the organization and recruiting new members Kelso lived in a house with dozens of other co-religionists and was paid nothing for his work a conspiracy-minded outfit that has been around for decades and is perhaps best known for accusing President Eisenhower of being a secret communist the group worked to oppose the Civil Rights Movement JBS ran two campaigns against the movement: “Support Your Local Police” and “Expose The ‘Civil Rights’ Fraud.” Kelso was convinced that the JBS had all of the answers Kelso was sharing a house with his brother Kelso made etchings and sold them to support himself he ran for a Missouri House of Representatives seat as an independent Kelso campaigned on the following positions: abolishing the income tax and ending government control of education Kelso did some minor organizing for the JBS He lived in Missouri for several years and then moved back to California sometime in the 1980s Kelso ran into a book called The Dispossessed Majority which argued that minorities and multiculturalism were insidiously undermining the power of white Americans This book led him to conclude that the JBS lacked a proper focus on race and he sought out extreme white nationalist groups But it was ultimately the Web that launched Kelso into the white nationalist movement Kelso found likeminded people online who reinforced his racist worldview Kelso told the Southern Poverty Law Center (SPLC) “What happened to me … is that I found my family In 2002, Kelso became a moderator at the online hate forum Stormfront a white supremacist and longtime David Duke associate Stormfront was a fairly small forum when Kelso joined it in February 2002 But Kelso brought a relentless energy and enthusiasm to his position and took to posting on the forum several times a day He tried to make Stormfront more friendly and accessible by changing the site to show members’ birthdays and encouraging new members to contribute Not all of these members regularly post on Stormfront but the numbers are a good indicator of interest in the site Since signing on with the white nationalist movement Kelso has been a full-time racial activist working in various capacities for prominent white nationalists like former Klan leader David Duke “The Jamie Kelso Show,” which runs on the Voice of Reason Broadcast Network and for a time Kelso had a show on Stormfront Radio In October 2003, Kelso joined the neo-Nazi group National Alliance just as it was beginning to fall apart, attending the group’s leadership conference that same month. For years, the National Alliance was the most important neo-Nazi group in America. That all ended when the group’s leader, William Pierce suffering several splits and attempted coups Duke had taken note of Kelso’s proactive organizing of the conference in Sacramento calling him afterwards and offering him a position as his assistant Kelso moved from California to David Duke’s house in Louisiana Kelso also organized the same group’s 2005 conference which also featured a full roster of racists and white supremacists Kelso became an active devotee of Ron Paul He traveled to eleven different cities during this time to see Paul speak One of the reasons why Kelso was so attracted to Ron Paul is that he felt Paul’s fans could be susceptible to his white supremacist views Kelso described Ron Paul rallies as “implicitly white,” that is but not explicitly committed to any racial ideology or involved in discussions of race and participated very actively at those events “Let’s appreciate this big audience that’s overwhelmingly white If we can’t persuade these people of the rightness of our cause then we’re finished!,” Kelso told the SPLC Called “White News Now,” it aims to create an environment free of the infighting that has characterized similar websites and groups White News Now’s forum was the second most popular white supremacist forum which ranks the popularity of websites and forums leading the group to put Wassall in that position in May 2010 Kelso claimed that he did some work every day for the A3P He described A3P with the same word he used to describe himself: as a “bridge” between the white supremacist movement and more mainstream conservative groups who posted as “Sigrid” and served as a senior moderator of White News Now Kelso’s wife has posted statements on White News Now such as “blacks hate most things that they can’t relate to even on the most basic level” and “Jews have always been extortionists since the dawn of time.” In a July 2010 interview with another prominent racist Kelso reflected on the perks of a white nationalist marriage saying: “a white patriot marriage has this entire additional layer which gives resilience to the marriage … the wife isn’t looking at the husband like a cash cow Early in February 2012, A3P was targeted in an anti-racist hacking sweep dubbed “Operation Blitzkrieg,” conducted by the hacktivist collective Anonymous Several white supremacist and neo-Nazi sites in Europe and the U.S. and personal emails and forum messages were released In a statement Anonymous posted on the A3P website the collective had put “extra effort” into targeting Kelso including the acquisition of his credit card number with which they claim they made some “lulzy” (laughable) purchases and donations He is listed as a director and the membership coordinator on the group’s site “The American Freedom Party Report,” launched on the Patriot-steeped Republic Broadcasting which is the former venue for James Edwards’ white nationalist “Political Cesspool” radio show The AFP Report’s description says it brings the latest news from AFP leaders and candidates and calls the party “unique as the only national political party explicitly working for the preservation of European American heritage.” tax-exempt 501(c)(3) organization (EIN: 63-0598743) The Southern Poverty Law Center400 Washington AvenueMontgomery View Ricarda's obituary on Interra by Mueller Memorial: https://www.interraburial.com/obituaries/ricarda-kelso passed away at Community Memorial Health Care in Marysville on Monday His time prior to passing away was spent surrounded by his loving family and friends who will miss him dearly He moved to Waterville in 2004 from Moreno Valley California when he lived for a number of years Bryan worked as a carpenter for many years He loved spending time with his grandchildren and siblings He would have done anything for his family they would tell you he was the kindest and goofiest man When he wasn’t spending his time hanging out with his family or helping others his daughters Jennifer Beard and Heather (Steven) Hager-Moctezuma Lennex Moctezuma and three great grandchildren Cremation is planned with a Celebration of Life to be held at a later date Solar Power World By | May 1 Arevon Energy hosted a groundbreaking event for its 430-MWDC Kelso 1 & 2 Solar Projects in Scott County Arevon will own and operate the projects on a long-term basis Kelso Solar is Arevon’s first utility-scale renewable energy project in Missouri The development and construction of the more than $500 million project have resulted in a significant increase in economic activity in Scott County and the surrounding areas Kelso Solar will employ more than 450 personnel primarily sourced from local labor to build the project Both phases are being constructed by Primoris Services Corporation The groundbreaking at the project site brought together state officials project partners and the Arevon team to celebrate the construction progression and advancement of domestic energy in Missouri Arevon has been actively engaged with the Scott County community throughout Kelso Solar’s development and is contributing to a number of charitable initiatives Arevon and Meta signed two long-term Environmental Attributes Purchase Agreements for the Kelso Solar Project which will help support Meta’s operations in the region Kelsey Misbrener is currently managing editor of Solar Power World and has been reporting on policy Δdocument.getElementById( "ak_js_1" ).setAttribute( "value" Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media Privacy Policy | RSS Learn how to describe the purpose of the image (opens in a new tab) Leave empty if the image is purely decorative We're working on a visual shortcode editor until then please follow these instructions Email us to support@plugin.builders for any problems 1953 to the late Arnold and Dorothy (Haynie) Kelso in Council Bluffs Steve was very proud that he was sober for the last 9 years He enjoyed a good game of pitch with the family but most of all enjoyed spending time with his children and grandchildren nephews and a host of other family and friends Any friends or family with memories to share you can write memories in the Guestbook Section to be shared at the service on Saturday Jacob and Annabelle and great grandfather of Carson Funeral service in Sandholes Presbyterian Church on Monday 5th May 2025 followed by private family burial in the adjoining churchyard donations may be made in Roy’s memory to Cancer Research UK payable F Dungannon BT70 1RY Sadly missed and lovingly remembered by his sorrowing wife Share this sad news with friends and loved ones [email protected] Link Kelso Planning Manager and Building Official Mike Murray said Tuesday that Chick-fil-A has filed a pre-application with the city for a location "somewhere near the mall," before tempering that the project is still in early stages "so nothing guaranteed." KLTV Chick-fil-A, the fast-growing chain known for its chicken sandwiches served six days a week, is exploring a location near Three Rivers Crossing, formerly known as the Three Rivers Mall in Kelso The Atlanta-based chain has a pre-application filed with the city for a location “somewhere near the mall,” Kelso Building and Planning Services Manager Mike Murray told the City Council as an aside during a presentation Tuesday night “That’s exciting,” Murray said before tempering that the project is “still in pre-app a Chick-fil-A spokesperson emailed a  statement that the company "hope(s) to serve the Kelso community in the future," but does not have "any locations to confirm." "We are always evaluating potential new locations in the hopes of serving existing and new guests great food with remarkable service While we hope to serve the Kelso community in the future we do not currently have any locations to confirm Visit the Chick-fil-A Press Room to learn more about our food our people and the latest Chick-fil-A news." Chick-fil-A typically announces new restaurants closer to their opening date, the chain's website shows The chain is separately looking to open a location in Centralia. Port of Centralia commissioners approved a purchase and sale agreement on March 5 for a location near its Centralia Station shopping development according to an earlier news report issued by The Chronicle Groundbreaking on the Centralia location is slated to begin in late 2025 The news of the Kelso Chick-fil-A application comes on the same day that the mall announced a new addition coming to its food court later this summer with a local restauranteur The mall teased on its official Facebook page that “your taste buds are most likely familiar with this local burger legend .. With 50+ years of family heritage in this industry we are proud to be the home of Colby’s Burgers & Fries.” who bought the mall last November with co-owner Eric Pucci described plans for with a local restauranteur to create a restaurant “kind of like a local Johnny Rockets.” The new burger restaurant is slated to open in June It will occupy space in the mall food court that used to be a Dairy Queen but had to limit hours over the last year due to the lack of mall traffic South Kelso Neighborhood Association is also leaving the mall, and the Christmas Corner has already left Davis previously said the mall is requiring all businesses to standardize their minimum hours and meet certain appearance standards Editor’s note: This story has been updated to include a statement from Chick-fil-A Nick Morgan is a news reporter for The Daily News covering business, real estate and the city of Longview. Reach him with story ideas at nmorgan@tdn.com Get the latest local business news delivered FREE to your inbox weekly Kelso Planning Manager and Building Official Mike Murray said Tuesday that Chick-fil-A has filed a pre-application with the city for a locatio… The Kelso C-7 School District is partnering with Southeast Missouri State University (SEMO) through the innovative SEMO Educators Advantage program This collaboration opens new doors for Kelso faculty and staff by providing access to academic growth and professional development opportunities while reaffirming SEMO’s dedication to strengthening educational opportunities across Southeast Missouri and supporting local school districts Through the SEMO Educators Advantage program Kelso faculty and staff will benefit from a tuition discount on SEMO’s online programs and pathways for paraprofessionals programs This support enables educators to elevate their qualifications affordably and conveniently ultimately benefiting the district’s students and broader community Apply to SEMO (KATU) — Firefighters found a man dead in a detached garage after a house fire spread to it Thursday morning Firefighters were called at about 10:40 a.m they found a single-story home and a small Neighbors told firefighters there was someone trapped inside the garage Firefighters got the fire under control in about 15 minutes They then searched the garage and found the man dead Kelso police and the Cowlitz County Coroner’s Office are investigating the man’s death Fire investigators said the fire’s cause was a portable electric heater and was accidental Three adults and two children were displaced The American Red Cross is assisting them with temporary housing The fire incurred about $175,000 in damage (“Kelso” or the “Company”),(TSX: KLS) reports that the Company has released the audited consolidated financial statements and Management Discussion and Analysis for the year ended December 31 The audited year-end financial statements were prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”) The Company’s audited consolidated financial statements and MD&A for the year ended December 31 2024 were approved by the Board of Directors on March 25 Adjusted EBITDA (loss) represents net earnings or loss for the year ended December 31 non-cash share-based expenses (Black-Scholes option pricing model) and write-off of assets Adjusted EBITDA (loss) removes the effects of items that do not reflect the Company’s underlying operating performance and are not necessarily indicative of future operating results Adjusted EBITDA (loss) is not an earnings measure recognized by IFRS and does not have a standardized meaning prescribed by IFRS Management believes that Adjusted EBITDA (loss) is an alternative measure in evaluating the Company's operational performance and its ability to generate cash to finance business operations Readers are cautioned that Adjusted EBITDA should not be construed as an alternative to net income as determined under IFRS; nor as an indicator of financial performance as determined by IFRS; nor a calculation of cash flow from operating activities as determined under IFRS; nor as a measure of liquidity and cash flow under IFRS 2024 the Company had cash on deposit in the amount of $153,147 prepaid expenses of $30,876 and inventory of $3,042,749 compared to cash on deposit in the amount of $1,433,838 accounts receivable of $1,065,411 prepaid expenses of $134,349 and inventory of $3,376,005 at December 31 The Company had income tax payable of $68,024 at December 31 The working capital position of the Company as at December 31 2024 was $2,125,386 compared to $5,026,580 as at December 31 Total assets of the Company were $6,570,345 as at December 31 2024 compared to $9,703,271 as at December 31 Net assets of the Company were $4,229,030 as at December 31 2024 compared to $8,720,248 as at December 31 The Company had no interest-bearing long-term liabilities or debt as at December 31 Amounts drawn on the line of credit bear interest at the Wall Street Journal primate rate (WSJ Prime Rate) plus 1.00% no amounts had been drawn on the line of credit the Company has drawn down $250,000 and has $250,000 available on the line of credit as of March 25 Business risks are detailed in the Risks and Uncertainties section of the MD&A The company is emerging from a challenging financial landscape The new management team has focused on improving operational efficiency and reducing overhead costs anticipating a positive impact on profitability for 2025 A key focus for FY2025 will be maintaining cost discipline as the company prepares for the anticipated upswing in new tank car builds expected to begin starting 2026 This strategic approach will position the company to capitalize on the increased demand and maximize profitability Kelso is actively pursuing full Association of American Railroads (AAR) approval for its Bottom Outlet Valve (BOV) and Angle Valve (AV) both of which are well into their required service trial periods This approval is expected to open new revenue streams especially given the higher value of complete package offerings for both the general purpose and pressure cars The outlook for tank car deliveries has improved slightly from recent history After averaging just over 8,700 cars per year from 2021 to 2023 actual tank car deliveries for 2024 reached just over 10,000 cars and FTR projects a slight improvement to 10,325 in 2025 This level of production represents a 15.8% increase over the 2021-2023 average and an opportunity for improved results Industry projections for 2026 and beyond show a positive trend with anticipated growth to 13,000 units in 2027 Kelso’s strategic focus on obtaining AAR approvals aligns with this projected market upturn positioning the company to capitalize on future demand increases the Company considered its KXI project (KIQ X Industries Inc.) to have met the definition of discontinued operations and as such and results of operations that can be distinguished operationally and for financial reporting purposes from the rest of the Company have been terminated and reported separately in the consolidated financial statements conducted in accordance with accounting standards has provided valuable insights into its current status and potential future pathways This review has highlighted some key challenges in securing funding for continued development leading to a prudent adjustment in the project's carrying value we recognize the potential value of the underlying technology and are actively exploring strategic options to maximize its future we are pursuing potential joint venture partnerships and assessing the value of the project's core technology the capitalized research and development (R&D) was lowered to a nominal $1 as well as the prototype costs were also lowered to $1 the loss from discontinued operations relate to the following: The Company believes it is positioned for new value creation and anticipates further success in established rail markets With no interest-bearing long-term debt and improved sales prospects from larger Kelso can concentrate on enhancing its equity value through financial performance driven by a broader range of new proprietary products For a more complete business and financial profile of the Company, please view the Company's website at www.kelsotech.com and public documents posted under the Company’s profile on SEDAR in Canada and on EDGAR in the United States cost more or may not result in a saleable product; that tank car producers may produce or retrofit fewer cars than expected and even if they meet expectations Transaction marks the company's eighth financial close in the last 18 months, totaling more than $3.7 billion SCOTTSDALE, Ariz. and SCOTT COUNTY, Mo., March 11, 2025 /PRNewswire/ -- Arevon Energy, Inc. announced it completed a $509 million financial close for the 430 megawatt (MWdc) Kelso 1 & 2 Solar Projects in Scott County This transaction represents Arevon's eighth project financing in the last 18 months totaling more than $3.7 billion of funding Arevon developed and will build and operate the two-phase Kelso Solar facilities which are the company's first utility-scale renewable energy projects in Missouri Kelso Solar will generate a host of economic benefits in Scott County and surrounding parts including the creation of an estimated 450 jobs during peak construction to build the project This surge in activity will positively contribute to the local economy with increased spending at area stores Kelso Solar will disburse more than $34 million to local governments over its multi-decade lifespan Kelso 1 & 2 Solar's $509 million financing package is comprised of a $245 million bridge loan Canadian Imperial Bank of Commerce (CIBC) was the Administrative Agent and National Bank of Canada served as the projects' lenders and Green Loan Coordinators while BNY acted as the Collateral Agent "Kelso Solar's financing is a testament to the close collaboration among all of our financing counterparties for whom I am grateful for their confidence and trust in Arevon to deliver on our first-class projects," said Denise Tait "Arevon's expanding presence as a top American independent power producer would not be possible without the support of our financial and commercial partners and I am excited to continue to work together to build a better future through homegrown "CIBC is proud to act as Left Lead Arranger and Administrative Agent for the financing of the Kelso Solar Projects," said Ines Serrao underscores CIBC's ongoing commitment to the U.S as we work toward enabling a more sustainable economy." Arevon is expanding its presence in the Midwestern region of the United States In addition to the Kelso 1 & 2 Solar Projects the company is currently constructing four solar projects totaling 744 megawatts in Indiana with capital costs of more than $1.1 billion and has a robust development portfolio of assets in this key market "Utility-scale solar projects are essential contributors in strengthening the American economy through the creation of competitive-wage jobs reliable benefits that enhance communities," said Kevin Smith "Kelso Solar will add resilience and security to America's energy infrastructure and Arevon looks forward to advancing our development activities in America's Heartland."   hosted a construction groundbreaking event for its 430 megawatt (MWdc) .. has completed financing on a $258 million package for the company's.. Utilities Oil & Energy Environmental Products & Services Alternative Energies Do not sell or share my personal information: Kelso Technologies (TSX: KLS) announced key leadership changes with COO Anthony Andrukaitis retiring from the Board of Directors on June 3rd Executive Vice President Amanda Smith will take over as COO starting July 1 The company is also welcoming Mark Temen as the sixth board member was instrumental in building the Bonham team and mentoring Smith Texas facilities operations and the company's rail product line development His retirement was previously delayed due to COVID-19 pandemic challenges the Executive Vice President of Operations position will be eliminated with Smith fully assuming COO responsibilities in July 2025 Kelso Technologies (TSX: KLS) ha annunciato importanti cambiamenti nella leadership: il COO Anthony Andrukaitis si ritirerà dal Consiglio di Amministrazione il 3 giugno 2025 e lascerà il ruolo di COO il 30 giugno 2025 La Vicepresidente Esecutiva Amanda Smith assumerà la carica di COO a partire dal 1° luglio 2025 L'azienda accoglie inoltre Mark Temen come sesto membro del consiglio è stato fondamentale nella formazione del team di Bonham e nel mentoring di Smith Ha supervisionato le operazioni degli stabilimenti di Bonham e lo sviluppo della linea di prodotti ferroviari dell’azienda Il suo ritiro era stato precedentemente posticipato a causa delle difficoltà legate alla pandemia di COVID-19 Come parte di una razionalizzazione operativa la posizione di Vicepresidente Esecutivo delle Operazioni sarà eliminata La transizione dovrebbe avvenire senza intoppi con Smith che assumerà pienamente le responsabilità di COO a luglio 2025 Kelso Technologies (TSX: KLS) anunció cambios clave en su liderazgo: el COO Anthony Andrukaitis se retirará del Consejo de Administración el 3 de junio de 2025 y dejará su puesto de COO el 30 de junio de 2025 La Vicepresidenta Ejecutiva Amanda Smith asumirá el cargo de COO a partir del 1 de julio de 2025 La empresa también da la bienvenida a Mark Temen como el sexto miembro del consejo que ha estado en el cargo desde octubre de 2011 fue fundamental en la formación del equipo de Bonham y en la mentoría de Smith Supervisó las operaciones de las instalaciones en Bonham y el desarrollo de la línea de productos ferroviarios de la compañía Su retiro se había pospuesto anteriormente debido a los desafíos de la pandemia de COVID-19 se eliminará el puesto de Vicepresidente Ejecutivo de Operaciones con Smith asumiendo plenamente las responsabilidades de COO en julio de 2025 Kelso Technologies (TSX: KLS)는 주요 경영진 변동을 발표했습니다 COO인 Anthony Andrukaitis는 2025년 6월 3일 이사회에서 퇴임하며 전무이사 Amanda Smith가 2025년 7월 1일부터 COO 직책을 맡게 됩니다 2011년 10월부터 근무한 Andrukaitis는 본햄 팀 구축과 Smith 멘토링에 중요한 역할을 했습니다 그의 퇴임은 COVID-19 팬데믹으로 인한 어려움 때문에 이전에 연기된 바 있습니다 Smith가 2025년 7월에 COO 업무를 완전히 인수하며 원활한 전환이 기대됩니다 Kelso Technologies (TSX : KLS) a annoncé des changements majeurs dans sa direction : le COO Anthony Andrukaitis prendra sa retraite du conseil d'administration le 3 juin 2025 et quittera son poste de COO le 30 juin 2025 La vice-présidente exécutive Amanda Smith prendra la relève en tant que COO à partir du 1er juillet 2025 L’entreprise accueille également Mark Temen en tant que sixième membre du conseil a joué un rôle clé dans la constitution de l’équipe de Bonham et le mentorat de Smith Il supervisait les opérations des installations de Bonham ainsi que le développement de la gamme de produits ferroviaires de la société Son départ avait été retardé en raison des difficultés liées à la pandémie de COVID-19 Dans le cadre d’une simplification opérationnelle le poste de vice-président exécutif des opérations sera supprimé La transition devrait se faire sans accroc Smith assumant pleinement les responsabilités de COO en juillet 2025 Kelso Technologies (TSX: KLS) gab bedeutende Führungsänderungen bekannt: COO Anthony Andrukaitis wird am 3 Juni 2025 aus dem Vorstand ausscheiden und seine COO-Position zum 30 Die Executive Vice President Amanda Smith wird ab dem 1 Das Unternehmen begrüßt außerdem Mark Temen als sechstes Vorstandsmitglied spielte eine entscheidende Rolle beim Aufbau des Bonham-Teams und der Betreuung von Smith Er leitete den Betrieb der Einrichtungen in Bonham sowie die Entwicklung der Schienenproduktlinie des Unternehmens Sein Ruhestand wurde zuvor aufgrund der Herausforderungen der COVID-19-Pandemie verschoben Im Rahmen einer operativen Straffung wird die Position des Executive Vice President of Operations gestrichen wobei Smith im Juli 2025 die COO-Verantwortung vollständig übernimmt 2025 (GLOBE NEWSWIRE) -- Kelso Technologies Inc (TSX: KLS) today announced that its Board of Directors has approved the budget for fiscal year 2025 The company anticipates sales growth to be flat to slightly positive the Company expects to report revenue of $10.7 million "We are pleased to have reached a consensus on a budget that supports our strategic objectives for 2025," said Paul Cass we are confident in our ability to navigate the current economic environment particularly as we look ahead to the increased tank car build cycle." Kelso Technologies Inc is emerging from a challenging financial landscape The new management team has focused on improving operational efficiency and reducing overhead costs and anticipate a positive impact on profitability for 2025 the Company intends to optimize its balance sheet by reassessing inventory levels and the carrying value of KXI Kelso anticipates a significant loss in FY2024 due to one-time expenses and write-offs especially given the higher unit value of pressure car packages “2025 will be a re-building year for Kelso,” says Frank Busch our shareholders’ concerns and are acting upon fundamental business principles of increasing top-line revenue and reducing expenditures to maximize EBITDA.” the company is undergoing a strategic reorganization to enhance financial stability without compromising production capabilities This includes a comprehensive review of the KXI HD product line to unlock shareholder value “The outlook for tank car deliveries has improved slightly from recent history” said Amanda Smith “After averaging just over 8,700 cars per year from 2021 to 2023 This level of production represents a 15.8% increase over the 2021-2023 average and an opportunity for improved results.” Management's cost-cutting initiatives have yielded positive results enabling the company to meet its vendor obligations promptly Kelso has established a Texas Capital Bank line of credit with $250,000 available Kelso Technologies is striving for a profitable FY2025 including the pursuit of AAR approvals and financial restructuring are designed to enhance performance in the coming years The anticipated market recovery post-2025 provides a favorable backdrop for these efforts The Company’s rail equipment business has been developed as a designer and reliable domestic supplier of unique high-quality rail tank car valves that provide for the safe handling and containment of commodities during rail transport The automotive division of the Company has created the first proven automated suspension-based Advanced Driver Assistance System for commercial mission-critical wilderness operations All Kelso products are specifically designed to address the challenging issues of public safety For a more complete business and financial profile of the Company, please view the Company's website at www.kelsotech.com and public documents posted under the Company’s profile on SEDAR in Canada and on EDGAR in the United States Legal Notice Regarding Forward-Looking Statements: This news release contains “forward-looking statements” within the meaning of applicable securities legislation and indicate expectations or intentions Forward-looking statements in this news release include that our new rail products will sell once AAR approvals are secured; that although the rail industry is very slightly improving there is still opportunity for Kelso to grow its revenues; and that the Company is improving efficiency while reducing operational costs as part of a strategic initiative including without limitation that current rail industry risks including high interest rates inflation and supply chain issues may last longer than expected delaying business orders from customers; that the development of new products may proceed slower than expected A Scottish dance team performs at the Kelso HOF event on Saturday the Kelso mall is undergoing what its new owners are planning will be the start of a significant What's now known as Three Rivers Mall, is only a few months away from new signage rebranding itself as Three Rivers Crossing (though the new name is already on the center's social media sites) The rebrand and revitalization includes new stores and restaurants well in the pipeline who purchased the mall in November with co-owner Eric Pucci Davis was mum about exactly what new chains are coming to the mall citing pending lease agreements still in negotiations; however he described in detail his work since November with four different brokers towards attracting nationally known stores and dining establishments "It takes a village to get this deal done," Davis said Davis described plans to put "a few million dollars" into the 1987-built mall modern LED lighting and a new $225,000 sign to be seen from Interstate 5 and the design and build is complete on its new electronic reader board It should be ready for installation within about 90 days "They don't just have it on the shelf," Davis said housing nationally known stores and dining options — and an ecosystem that can support popular local businesses A new emblem hangs on the Kelso mall on Jan 22 as owners begin to rebrand the Three Rivers Mall to Three Rivers Crossing Owners say they have also purchased a $225,000 sign to replace the one seen from Interstate 5 From plans with a local restauranteur to create something "kind of like a local Johnny Rockets" to bespoke wooden furniture designed to elevate the food court into the tentatively named "Highlander Eatery," Davis touched on big ideas to revitalize the mall Davis said he is working with furniture maker Ecology of Woodland and an interior decorator to create the parklike atmosphere to make the mall food court relevant in the 2020s He said he understands people want a meeting place to gather for lunch and he'd like to feature three or four places with local followings Davis said he's met with several "strong local restauranteurs" and has worked with them on proposals to do a buildout accommodating them "Food at the mall is usually your last resort," Davis said "I thought some better offerings would actually draw people there."  He hired longtime radio station manager Julie Laird of Bicoastal Media as his new promotional director to help grow the mall adding that the current manager is also staying on board Davis is first to admit that his big ideas are going to take time to bear fruit A grand opening event is currently planned for June after the new signage and upgraded LED display is installed construction on "pad" restaurant sites in the parking lot around the mall could begin he anticipates the full transformation could take between 24 and 36 months Davis understands those who want to see results sooner because he said he wants to see rapid results himself Davis and Pucci bought the mall located on 45.15 acres at 351 Three Rivers Drive in Kelso for $20 million according to Cowlitz County Property Sales records adding that a friend was a manager of the previous group of owners A directory is seen at the Three Rivers Crossing on Jan New owners have already started updating the mall The previous owners have out-of-state and local ties according to Cowlitz County property records The Arizona Secretary of State's business registry lists the managing partner as Keldy Winters of Chandler According to business registries from the Arizona and Washington secretaries of state the managing partner was listed as Keldy Winters of Arizona but other member organizations listed in the business' registry included Three Rivers Village's member organizations was RE Land Development RE Land Development lists Bryce Clary as its registered agent and lists as its address the same one used by Bud Clary Chevrolet Davis said that Bud Clary Auto Group office workers are slated to occupy a roughly 20,000-square-foot portion of the former Macy's building potentially as early as this summer He anticipates that it will bring regular traffic of between 40 and 50 employees to the mall on a daily basis Davis has about 27 years in the mortgage industry and Pucci has three decades of experience working in real estate Both of the business partners could have easily retired Davis recently sold his insurance business and his mortgage business last year "so I could clear the decks a little bit" and focus his time and resources on the mall "There's a lot of pent-up demand for something good to happen here," Davis said "We want this to be a successful venture for our local community." Davis said he has been to more malls in the last six months than he had in the past six years "They're more lifestyle centers," Davis said of the most successful malls he's seen describing "activities and places to get together." Some of the mall's core anchors are already in that vein Davis said he recently extended the lease at the Regal Cinemas The stadium seating 12-screen theater built in 2015 is the newest Regal movie theater in a 60-mile radius He described it as a destination for movie goers in Southwest Washington Davis said that the Planet Fitness in Kelso is one of the chain's busiest He also said anchor tenant JCPenney is on an upswing. The department store chain just merged earlier this year with the SPARC Group — owner of brands that include Aéropostale, Nautica and Eddie Bauer and Brooks Brothers — to form a new parent company for JCPenney known as Catalyst Brands.  "They seem to be very optimistic," Davis said a post on the mall's new Three Rivers Crossing Facebook page promising the new paint on the mall as "Phase 1/1000" and "Big Changes Coming" captured locals' imagination It garnered 369 reactions including 97 hearts and 127 comments — the bulk being hoped-for stores vice president of the Cowlitz Economic Development Council said locals are eager to see the mall flourish again "I think that overwhelmingly people are optimistic and they're excited for the potential for that space," Cope said "Everybody's been waiting with bated breath for something amazing." She added that Davis and Pucci have the resources track record and local presence needed to make the mall revitalization a success "They are successful local entrepreneurs." Rides for children are seen at the Three Rivers Crossing on Wednesday The mall’s new owners are planning a multi-year renovation of the space Davis and Pucci are bringing in a high-caliber team of experts and community members "and that is going to create ripples economically." "This is the best case for our community," Cope said She sees a thriving mall as something that will help in her role at Cowlitz EDC recruiting companies and their people to the area She said the area boasts world-class infrastructure including two deep-water ports close proximity to an international airport plus a regional airport "right in our own backyard."  "We get these requests for proposals — leads," Cope said The industrial business asks about if the area can handle certain water pressure needs or power requirements "But then towards the bottom of these requests .. She said businesses considering a move want to know: What is there to do on the weekend Will employees want to live where they work "This redevelopment aids in that story for other recruitment," Cope said She also sees ways the mall promotes the area to visitors The new Three Rivers Crossing sign and state-of-the-art display will serve as a "better billboard off Interstate 5," catching the eyes of motorists along a major freeway between Portland and Seattle a bevy of softball and baseball tournaments are held at fields at Tam O'Shanter Park in Kelso those participants are going to be looking for something exciting "Recruitment brings recruitment," Cope said Nick Morgan is a news reporter for The Daily News covering housing and business This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page (“Kelso” or the “Company”) (TSX:KLS) is pleased to announce the appointment of Frank Busch as the company's permanent Chief Executive Officer Busch has been serving as interim CEO since July 2024 “Frank has proven to be an excellent choice as Interim Chief Executive Officer during his first six months in the role,” said Paul Cass the Board of Directors have unanimously agreed to offer him the position of Chief Executive Officer for the organization We look forward to the impact of Frank’s leadership vision and execution focus on the future success of Kelso.” "I am honored to be appointed as the CEO of Kelso Technologies I look forward to working with our talented team to execute on our strategic plan and achieve our growth objectives This includes carefully managing our resources and positioning ourselves for the exciting opportunities we see on the horizon." The company is preparing to present its FY2025 outlook in the coming weeks For a more complete business and financial profile of the Company, please view the Company's website at kelsotech.com and public documents posted under the Company’s profile on SEDAR in Canada and on EDGAR in the United States Forward-looking statements in this news release include achieving growth objectives inflation and short supply chain issues may last much longer than expected delaying business orders from customers; that the development of new products may proceed slower than expected Buck was the cherished son of the late William and Elizabeth (Siegmund) Kelso Buck graduated from Patterson High School in Baltimore and proudly served his country as a veteran of the U.S completing two years of active duty followed by six years in the Army Reserves His dedication to his community continued beyond his military service as he spent many years coaching youth recreational football in Bel Air leaving a lasting impact on countless young athletes He worked for Verizon for 37 years retiring in 1995 He was very proud that he attended University of Baltimore for 6 years of night school graduating with a Batchlor of Science Degree in Engineering Magna Cum Laude and receiving entry into the Beta Alpha Honorary Scholarship Society.  A proud member of the National Rifle Association Buck had a lifelong passion for the outdoors He found joy in woodworking making many family heirlooms for family members and he was always quick to reach out and help anyone His love of nature was matched only by his devotion to his family He treasured hosting many family gatherings at his home where laughter and love filled the air during countless special occasions and enduring sense of humor will be deeply missed by all who knew him Buck is survived by his beloved wife of 66 years and 10 months with whom he shared a lifetime of love and partnership His legacy will live on in the hearts of his family and friends as they honor his remarkable life and the many memories they shared daughter in law Sheri Kelso; 10 grandchildren and spouses; 13 great-grandchildren; his beloved sister Betty Mae Apperson and her spouse Ron and sister-in-law Contributions may be made to in lieu of flowers memorial donations may be made to any local charity that keeps its resources local Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page.