Monday, November 8, 2010

Sales heating up for Earth to Air - Minneapolis / St. Paul Business Journal:

mcfarlainofuqub1258.blogspot.com
Formed in 2002, Earth to Air Systems develops heating and cooling systems basedx on a technology know as directexchange geothermal, called DX in the industry. The company’x applications have been shown to reduce heating and coolinv costs by 50 percent to 80 CEO RandyWiggs says. Earth to Air’s system bypassews the more conventional geothermao heating andcooling model. Instead of usingg water as a source, the technology skips a step and controls heatin g and temperatures directly from the earth with copper The tubes tap into wells that are 300 to 500 feet Environmentally friendly refrigerants are then piper throughthe tubes.
Earth to Air’sx revenue comes from licensing fees collected from heatinbg and cooling companies who decide to market and instalpthe systems. Earth to Air got its first international distributord two years ago when Australian entrepreneur John Gagliardi embracedcthe technology. He says he’s secured more than $30 million in including contracts withschool systems, mining camps, housin g projects and major such as BP. “We are movinhg into significant profitability,” Galiardi says, adding that he’s plannin g on expanding into the Southeast Asiabmarket soon.
Galiardi predicts that Earth to Air willbecomwe “a billion dollar business or Sales in the first quarter were up 60 percen t from the same time last year. “We’re living in an time when there’w a huge demand (for products) to reduce our dependence on foreign oil,” Gagliardio says. “Twenty years ago this wouldn’t have worked. It wouldn’ t have even worked 10 years ago. But now the potential is There are multiple installations of Earthto Air’s geothermalk system in the United States, but the companty is just now setting up a formal distributor says Clayton Washburn, chieff operations officer at Earth to Air.
“Ourd biggest struggle is having to say noat times,” Washburmn says. “We’re preparing for a much biggerf onslaught.”

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