Hydro Dynamics honored by state and local economic developers
♦ Floyd County company expanded into three new markets in 2018 — Gibraltar, Sweden and Denmark
Rome-based Hydro Dynamics was honored Tuesday by the Rome-floyd County Development Authority for receiving a prestigious GLOBE award from the Georgia Department of Economic Development.
Doug Mancosky, Chief Science Officer at Hydro Dynamics said the company was honored by the state for making sales in Gibraltar, Sweden and Denmark during 2018.
Going forward, the company has already qualified for the award in 2019 with sales to three more new countries this year.
The Shock Wave Reactor technology is being used in the brewery industry in Denmark and Sweden while the client in Gibraltar is using the patented technology in pharmaceuticals. Hydro Dynamics has won the GLOBE award five years in a row for entering new international markets with their Shock Wave Power Reactor.
Hydro Dynamics Doug Mancosky (left), accepts a plaque noting the local business’s expansion into three new international markets from Rome-floyd County Development Authority Chairman Jimmy Byars.
“Being a small company exporting is of their business. often times not the easiest thing in the The Shock Wave Power Reactor techwork to do. It’s a tremendous amount of nology is used in diverse industries extra paperwork and hassle,” Mancosky from petroleum to food products. The said. “Back in 2009, we started exporting technology looks like a pump and in out of necessity. During the Great the brewery business, the pump is able Recession a lot of companies that we to extract additional flavor from hops, were dealing with in the United States one of the most expensive ingredients had put on spending freezes. We knew in the brewing process. there were international markets with The reactor can double the amount an interest in our product and we just of flavor from hops and Mancosky said kind of continued that trend.” that results in a fast and easy payback
Exports now account for about 20% for the brewer.