April 28, 2016 – Collierville, TN – Foundation Instruments, Inc. has opened its new headquarters in Collierville, TN. Foundation Instruments is a high-tech, small business spin-out from the University of Memphis that has commercialized U of M technology from the laboratory of Prof. Gary L. Emmert and Prof. Paul S. Simone, Jr. The technology developed by Emmert and Simone helps superintendents at drinking water treatment plants to improve treatment practices, reduce trihalomethanes and haloacetic acids in drinking water, and save money. Trihalomethanes and haloacetic acids are carcinogenic by-products of chlorination and are regulated by the U.S. Environmental Protection Agency.
The first grant awarded this year is a Small Business Innovation Research (SBIR) grant from the National Science Foundation (NSF). This NSF SBIR Phase II grant ($750,000 over two years) is the second award towards development for an on-site, on-line and real-time system for haloacetic acids. The NSF SBIR Phase II grant was a follow-up to the NSF SBIR Phase I awarded in 2014 for $150,000. The second grant awarded is an SBIR from the United States Department of Agriculture ($100,000 over eight months) funding the evaluation of a mobile trihalomethanes laboratory cooperative to improve drinking water in rural communities. To date, Foundation Instruments has been awarded over $1,000,000 from state and federal programs to commercialize technologies developed at The University of Memphis. These awards and sales efforts by our distributors will put Foundation Instruments on a trajectory to hire multiple high-tech jobs in Collierville, TN over the next several years.