More good newsKeeps going in the right direction...
On Schedule to Complete First Project With Johnson Controls L.P.
Thermal Energy International Inc. (the 'Company') is pleased to announce that it has completed the final design process and has requisitioned all major FLU-ACE(R) equipment for this energy retrofit project at the site of one of Johnson Controls'important and high profile Ontario-based high tech equipment manufacturing clients. Thermal has also completed the tendering process to related mechanical trades, all within budget, and Thermal is preparing to make its bid awards.
'We expect to have our FLU-ACE(R) solution in service for this client installed during the Fall of 2003. It is designed recover up to 85% of the waste heat from the flue gases emitted from an existing Natural Gas fired central boiler heating plant', stated Tom Hinke, P.Eng, President & CEO of Thermal Energy International Inc.
Currently the Company is pursuing several interesting projects together with Johnson Controls which it anticipates will soon result in more new sales successes.