Gainesville, FL – November 2, 2011 – Heat Pipe Technology, Inc., (HPT) a division of MiTek, a Berkshire Hathaway company (nyse: brk-a, nyse: brk-b), today announced that the company has made dramatic improvements to its manufacturing facility and product delivery times, as part of a fresh capital investment campaign. The investment and improvements come at a time of rising demand for heat pipe solutions and the dramatic savings that passive-heat-transfer devices can bring to HVAC efficiency around the globe.
With 30,000 square feet of dedicated manufacturing at its Gainesville, Florida facility, HPT is a long-time global leader in implementing energy conservation technologies in large-scale air-conditioning systems. The Company is specifically focused on driving energy conservation, greatly enhancing dehumidification, and improving overall HVAC system performance through energy recovery. For example, HPT’s passive “Wrap-Around” moisture-removal dehumidification systems can increase HVAC systems dehumidification capability by up to 50%, at substantially lower costs than traditional air-conditioning methods.
HPT’s capital investment in the facility and process upgrades exceeds $600,000. This capital investment, along with the material flow changes in the facility, reduced product delivery lead times by 33%. The investment also coincides with the implementation of Lean Manufacturing practices such as “5S”, Visual Manufacturing, and Kan Ban inventory control methods. A new R&D area was added, including production offices on the production floor. Additionally, new quality-control standards have tightened tolerances for purchasing specifications and manufacturing practices, and this has resulted in improved end-product quality.
“Our facility upgrade is just one example of a new aggressive posture for HPT in multiple areas including manufacturing, marketing outreach, and education,” said HPT’s Senior Vice President of Sales and Marketing, Mazen Awad. “As a result of just these initial efforts, we have seen an unprecedented level of interest in our passive energy conservation technology, and we expect that to continue.”
About Heat Pipe Technology
HPT is the innovation leader in passive energy recovery and dehumidification systems for commercial applications around the globe. Employing the very latest in passive-heat-transfer technology, HPT designs and supplies the core energy recovery technologies to the world’s leading commercial air-handling equipment manufacturers. More info: www.heatpipe.com.
# # #
Media Contact:
John D. Wagner
919-796-9984
|
With Fresh Capital Investment, Heat Pipe Technology Dramatically Reduces Lead Times For Global Delivery of Passive-Heat-Transfer Devices