Hollund Industrial Marine, Inc.
HIMR
Other OTC0.00
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Hollund Industrial Marine, Inc.
HIMR
(Other OTC)
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yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Hollund Industrial Marine, Inc. (HIMR) operates as a development-stage company providing integrated project development services and solutions primarily focused on underwater forest management and natural resource projects; its core offerings encompass resource and needs assessment, permitting, environmental and project planning, logging, milling, product branding, marketing, and sales for submerged timber resources. The company holds a worldwide exclusive license for the patented Tiger-Lynk articulated robot manipulator system, which supports heavy underwater construction and repair, forest recovery, mining, flood emergency response, diver assistance, cutting, drilling, grappling, welding, dredging, raking, heavy transport, and other remote operations. Founded in 1978 under Washington state law and formerly known as Hollund Industrial, Inc. until its name change in July 2008, Hollund Industrial Marine, Inc. maintains headquarters at 107-417 477 Peace Portal Drive, Blaine, Washington, with two employees led by President Peter Meier and targets global markets in industrials, specialty machinery, and sustainable forestry segments, including operations explored in regions like Panama's Bayano Lake reservoir. Recent developments include securing upwards of $1 million in purchase orders tied to the Bayano Lake Wood Products partnership as operations ramp up, alongside strategic increases in equity and revenue share—approximately doubling its stake in the Bayano Lake timber project—and explorations of accelerated growth opportunities, potential mergers, and full-scale operational green lights at key sites.
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