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Delivering Innovation

When developing process systems for a factory or any other industrial process, there are two basic options:  developing a bespoke design where each component is individually placed within the larger system; or, using process modular systems, sometimes called “modules” or “skids.”  Modules are self-contained largely autonomous units, designed to be easily transported.  One module might process raw materials, while another module has a cleaning system.
These process modular systems are almost always more beneficial to the older piecemeal design strategy.  We regularly recommend module-based layouts to our clients, for a variety of reasons.
Why Process Modular Systems Make Sense in Most Applications

Faster development and construction
When a process system is modular, those individual modules can be built and tested separately.  Each module is typically designed and built independently of the others – often in tandem – and tested out before it is delivered production-ready to the site.  In this way, most potential problems are caught and fixed before you even take possession of the modules.  So, once the modules have all arrived, connecting them up and testing them together is much quicker and easier.
Improved safety
Since a system built of component modules is faster and easier to put together, that means a smaller crew is needed at your site.  This substantially reduces the risk factor, particularly when – again – each module has already been individually tested and tweaked before delivery.  Far less can go wrong at the time of installation.
Space optimization
Modules can be designed to be tightly packed, more so than if each individual component was being placed on a facility location.  This gives a considerable space advantage, allowing more modulesprocesses to be placed within smaller footprints.  The space savings could be used to expand production or to make maintenance and access easier.
Reduced costs
What this all adds up to are reduced costs.  Modules are no more expensive to produce than alternative methods while being much faster and easier to install, with less likelihood of on-site failures.  With the space savings and the potential gains from that, process modular systems quickly demonstrate their real-world value.

ENGlobal wants to help your business streamline its processes and run more smoothly.  We specialize in process modular systems design, build and testing.  If you want to make the most of your facilities or want the best for a new project, contact us for a consultation.

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Kevin M. Palma

Director

Mr. Palma has served as a Director of the Company since June 2016, and is a member of the Audit and Compensation Committees.

Mr. Palma served as the Chief Financial Officer of B-29 Investments, LP, an energy private equity firm, from 2006 until he was promoted to Chief Operating Officer in December 2018, and also served as the Chief Financial Officer of B-29 Family Holdings, LLC, a family office, since its inception in 2014 until December 2018. In his role within the private equity space, Mr. Palma focuses on investment strategy, investment execution, and portfolio company management for both privately-held and publicly-traded companies.

Mr. Palma currently serves on several private company boards, including Silver Creek Oil and Gas, LLC, Caliber Completion Services, LLC, and Klear Bit Technologies, LLC. His past experiences on private company boards include Crest Pumping Technologies, LLC and TEC Holdings, LLC (which was recently rebranded as AXIS Energy Services, LLC).

Kevin M. Palma

Prior to his roles at B-29, Mr. Palma was a member of the energy investment banking team at Raymond James & Associates, focusing on capital market raises and merger and acquisition activity.

Mr. Palma is licensed as a Certified Public Accountant in the State of Texas, and holds a Master of Business Administration from the Harvard Business School in addition to a Bachelor of Business Administration and a Master of Public Administration from the University of Texas.

Committee Membership: Audit Committee, Compensation Committee

Kevin M. Palma

Director

Kevin M. Palma

Mr. Palma has served as a Director of the Company since June 2016, and is a member of the Audit and Compensation Committees.

Mr. Palma served as the Chief Financial Officer of B-29 Investments, LP, an energy private equity firm, from 2006 until he was promoted to Chief Operating Officer in December 2018, and also served as the Chief Financial Officer of B-29 Family Holdings, LLC, a family office, since its inception in 2014 until December 2018. In his role within the private equity space, Mr. Palma focuses on investment strategy, investment execution, and portfolio company management for both privately-held and publicly-traded companies.

Mr. Palma currently serves on several private company boards, including Silver Creek Oil and Gas, LLC, Caliber Completion Services, LLC, and Klear Bit Technologies, LLC. His past experiences on private company boards include Crest Pumping Technologies, LLC and TEC Holdings, LLC (which was recently rebranded as AXIS Energy Services, LLC).

Prior to his roles at B-29, Mr. Palma was a member of the energy investment banking team at Raymond James & Associates, focusing on capital market raises and merger and acquisition activity.

Mr. Palma is licensed as a Certified Public Accountant in the State of Texas, and holds a Master of Business Administration from the Harvard Business School in addition to a Bachelor of Business Administration and a Master of Public Administration from the University of Texas.

Committee Membership: Audit Committee, Compensation Committee