Big Changes at Rheem
On the manufacturing front we have big news: Last month Rheem® announced two key changes to their leadership. Chris Peel was promoted to president and chief executive officer of Rheem Manufacturing Company with global responsibility for all business operations. In addition, JR Jones has been named executive chairman of the board of Rheem Manufacturing Company.
For the past 10 years, Peel served as Rheem’s president and chief operating officer. Currently, he is also the chairman of industry trade association, Air Conditioning, Heating, and Refrigeration Institute (AHRI).
Jones will continue to provide guidance for Rheem’s vision and strategy, in addition to his board responsibilities. Jones has served as president and chief executive officer of Rheem for a decade.
Before joining Rheem in 2008, Peel held varied leadership positions with Lennox International and United Technologies Corp. (Carrier Corporation)among others.
Previously, Jones served as Rheem’s chief operating officer and as president of both the Air Conditioning and Water Heating Divisions. He also held varied leadership positions at Lennox International and The Trane Company.
TACO Donates To Veterans Group
Meanwhile, in the industry charity news sector, Taco Comfort Solutions recently donated more than $32,000 to the Folds of Honor Foundation at the Eastern Energy Expo at Foxwoods Casino Resort in Mashantucket, CT.
Folds of Honor is a non-profit organization. That is to say they provide scholarships to children and spouses of disabled veterans or those killed in action. In fact, the charity has raised over $100 million and provided nearly 16,000 scholarships to date.
Specifically, in the summer of 2017, Taco released a contractor rebate program to support their two newest ECM, high-efficiency circulators, the 007e and the 0015e3. The rebate program presented a great way to incorporate the Folds of Honor charity to support military families.
So contractors who purchased a circulator could donate three dollars or the entire sum of their rebate to Folds of Honor. Plus, Taco promised an additional $3.00 donation for every mail-in rebate received. In addition, The White Family Foundation donated $10,000 toward the cause.
The rebate program began July 4, 2017 and ran through Veterans Day, 2017. Ben White and John White III presented the check after a keynote address by Rooney at the Eastern Energy Expo.
Mulcahy Opens New Office
Latest distributor news: Manufacturers Representative Mulcahy Co., Inc. recently opened new facility into Fargo, North Dakota. The new location offers customers increased access to in-stock, high need warranty parts and full-time service and sales support.
Rob Grady, executive vice president at Mulcahy says, “Our expansion into Fargo will help us provide the next level of hydronic system sales and service across the state and northwest Minnesota.”
Mulcahy carries centrifugal pumps, boilers, cooling towers, filtration systems, heat exchangers, valves, instruments, variable speed drives, accessory items, and much more from a variety of manufacturers.