Heat pumps represent a significant growth opportunity in the swimming pool market. This new purchase was critical to Raypak’s product strategy, the company says.
Raypak Inc. announced the acquisition of certain manufacturing assets of
Pool Fact Industries LLC, a swimming pool heat pump manufacturer. Pool Fact
Industries was a long-time supplier to Raypak, which produces commercial and
residential boilers and pool and spa heaters.
“Because heat pumps represent a significant growth
opportunity in the swimming pool market, this additional manufacturing
capability was critical to Raypak’s product strategy,” the company announced.
will manufacture heat pump pool heaters at the former Pool Fact facility in
Arcadia, Fla., which will transition to a Raypak facility and operate as Raypak
Arcadia. The Raypak Arcadia facility will work closely with the Rheem Air
Conditioning operations in Fort Smith, Ark., which produces technologically
advanced heat pumps for heating and cooling products.
to the company, Rheem executive management has been implementing a “progressive
organizational restructuring” by optimizing the significant synergies of its
Heating & Cooling and Water Heating divisions. Rheem is repurposing and
adding new facilities, expanding its product portfolio and leveraging technical
“This latest development will lead to further
operational efficiencies and reduce product delivery time,” said acting general manager of Raypak, Peter
Reynolds. “Raypak has significantly improved its position in the heat
pump market and positively contributed to the restructuring of the Raypak
enterprise based on this key attainment.”
The newly acquired company will be overseen by Kevin
McDonald. Greg Battisto, a former operations
manager with Rheem Air Conditioning, will serve as plant manager and oversee
the Raypak Arcadia operations. The Raypak Arcadia plant has begun to integrate
the systematic operations model of the Raypak Oxnard facility located in
Raypak Buys Heat Pump Manufacturer
July 1, 2008