RTI is the leading provider of oil management services to the foodservice industry in the United States. The Company operates a unique infrastructure network of 36 depots and specialized rolling stock to distribute oil to over 17,000 customers under long-term contracts. Once the oil is delivered, each customer stores, manages and disposes of the oil using a proprietary system which RTI installs on-site at each customer location. After use, the waste oil is collected by RTI, using its specialized rolling stock and depot storage network, and sold as feedstock to manufacturers such as bio-diesel refiners.
RTI generated revenues of approximately USD 250 million in 2010. Customers include the largest restaurant brands in the world. Thanks to RTI’s strong value proposition to its customers and its extensive infrastructure network, the Company has been able to capture significant market share for oil management systems in major metro markets across the United States.
The Company is headquartered in Mendota Heights, Minnesota and has 595 employees across the United States. Jeffrey Kiesel and Bob Weil serve as the CEO and CFO respectively.