| Net Worth | $100-$500 million |
| Headquarter | 1061 Triad Ct Ste 3 Marietta, GA 30062 |
| Year Founded | 2009 |
| Founder and Co-founder | Ron Cundy and Ray Carnes |
| CEO | Tim DeVries |
| Company Link | https://www.recteq.com/ |
Introduction
If you enjoy luscious smoked meat joints, you’ll appreciate the advantages of a pellet smoker. They heat up rapidly and include an electronically regulated thermostat, which gives you the type of exact control you’d expect from a gas burner.
You can give rich and delectable intensity to your treasured pieces of meat by feeding your smoker system with a variety of flavor-infused wood pellets, and the procedure also helps keep the meat juicy rather than drying it out.
REC TECs are the only ones on the market featuring PID temperature controls, rust-resistant 304 stainless steel on vital sections, baked-on porcelain enamel exteriors, and a six-year guarantee. The grills are made in China, like most of REC TEC’s pellet-grill rivals.
Company’s Growth Journey
Rec teq, formerly known as REC TEC Grills, has opted to alter its name as they expand their product line to include coolers, shirts, and other culinary accessories.
The “q” at the end of the firm’s name was added to emphasize the high level of service they deliver to their consumers, according to the corporation.
Company’s Worth
Rec Tec Industries generates $100-$500 million in yearly sales (see actual revenue statistics) and employs 10-100 people. It belongs to the Merchant Wholesalers, Durable Goods business.
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Company’s Net Worth
Unavaliable, but speculate on the revenue. Ray Carnes Rec-Tec’s net worth is around $$100 – $500 million
Staff Strength
Rec Tec Grills is a Consumer Goods firm based in Augusta, Georgia, in the United States. Rec Tec Grills employs 20 people.
Revenue
The company revenue is around $100 – $500 million
Competitive advantage
The top competitor of Rec Tec is a company called Yoder. Yoder has some great smoker functions, but not everyone can afford their grills.
Although choosing between Yoder or Rec tec is a challenging task considering their similar features, the latter won for its impressive portability and affordability.
As outdoor kitchen arrangements can change from time to time, having a grill, designed to provide ease in movement like the Rec Tec is a smart decision.
Not to mention that Yoder can be prone to rust due to its powder-coated finish, which makes it less suitable for the ever-changing weather conditions in outdoor kitchens, unlike Rec Tec’s steel exterior.
Founder/Co-founder
Along with Ron, Ray Carnes has aided in the development of recteq into one of the fastest growing grill companies. Ray was reared as a “Army brat” in Michigan.
Ray attended Augusta Technical College for a short time before deciding to work as a door-to-door vacuum cleaner salesperson.
He claims to have been “number one in the country” and claims to have the posters to prove it in the attic.
This is when he met Ron, who would later become his business partner. This idea grew into what we now know as recteq, which provides consumers with high-quality grills at competitive costs while also bringing back old-school customer care.
There’s no way recteq could be realized by a single person. Together with Ray, Ron Cundy has formed a grilling force to be reckoned with.
Ron, a native of upstate New York, enlisted in the Army after graduating from high school and was stationed in Augusta. He met Ray in 1991 while selling vacuum cleaners after serving in the military for a few years.
They formed a connection there that has lasted for almost four decades. In 2009, he and Ray combined their love of grilling to create the perfect product, recteq.
Ron is in charge of the business side of things and ensuring that the ship stays on track. However, their net worth is currently unavailable.
CEO
The CEO of Rec-Tec is currently Tim DeVries. However, there is no further information as to the changes and impacts he has brought about in the company since his appointment.
Top 10 Shareholders
The founder Ron Cundy and cofounder Ray Carnes of Rec Tec are known however, the shareholders, on the other hand, are not publicly available.
- LinkedIn – Ray Carnes Rec-Tec’s Official account
- Instagram – Company’s Instagram page
- Twitter – Twitter’s future of the company
“We’ve been fortunate to have strong industry tailwinds and improved brand recognition, which has resulted in ongoing good sales growth,” Cundy explained.
We believe we have a strong basis for development in 2021 and beyond, and we are thrilled to work with NEP to achieve our goals.”
“The exact temperature control and distribution provided by rec teq grills provide an unrivaled grilling experience.
With more product, channel, and geographic extensions, recteq has several places to develop and win as pellet grills continue to capture a larger proportion of the grill industry.
“The Company’s product portfolio has an unrivaled reputation and loyalty in the whole grill industry,” said Tony Armand, NEP Partner.
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Summary of Ray Carnes Rec-Tec Net Worth
Rec-tec, formed in 2009 by Ron Cundy and Ray Carnes, is known for producing high-quality goods and offering exceptional customer service.
Also. Rec-tec is a premium brand in the pellet grill industry because of continued technology-driven product innovation, a direct-to-consumer (D2C) distribution strategy, long-standing supplier partnerships, and top-notch customer service.
Rec-teq’s impactful brand also helps consumer enthusiasm and loyalty across the board. Rec-tec consumers are the company’s biggest advocates, and they assist raise awareness of organic products. With an estimated net worth of $100-$500 million.
FAQs On Ray Carnes Rec-Tec Net Worth.
The Rec-tec headquarters is located at Minneapolis, MN
The official Rec-tec website is https://www.recteq.com/
The current CEO of Rec-tec grills is Tim DeVries
Rec=tec has like about 50-100 employees
Rec-tec has just undergone a comprehensive rebranding process, changing its name from Rec Tec to Rec-tec.
The redesign will allow the firm to extend its outdoor product line and enter new markets.
The majority of these grills are prone to rust. That is why all Rec Tec pellet grills are made of strong gauge stainless steel that will last a lifetime.
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