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 Reviera 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 closed on the acquisition of IMG Composites / Composal International.
2018 – 2019
NRI expects annual revenue growth of ~18%, driven by acquisitions and organic growth.