A.O. Smith Acquires Heat Pump Water Heater Manufacturer
A. O. Smith Corporation, Milwaukee, WI, announced it has acquired Applied Energy Recovery Systems Inc. (AERS), Norcross, GA, a leading manufacturer of commercial and residential heat pump water heaters.
The AERS product line includes the E-Tech line of commercial and industrial water heaters, commercial outdoor and indoor pool heating systems, and residential water heating and swimming pool products.
Ajita G. Rajendra, president of A. O. Smith Water Products Company, says the acquisition will help A.O. Smith provide energy-efficient water heating solutions and compete in the renewable energy market.
“We plan to leverage the technology, engineering expertise and know-how from AERS to expand our capabilities and product lines across the globe,” Rajendra says.
Heat pump water heaters capture heat from the surrounding air (air-source) or from water sources (water-source) such as waste water generated by a building’s chiller or cooling system and use it to heat water for hot water uses. The energy savings generated from the captured heat significantly exceeds the energy cost of running the heat pump, making this technology a highly efficient means for water heating with savings of up to 80%, according to A.O. Smith sources.
