ElectraTherm Sees Incredible Demand from States to House Manufacturing Facility.Company Ramping Up Production of the ElectraTherm Green Machine Waste Heat Generator CARSON CITY Carson City, city (1990 pop. 40,443), state capital, W Nev., in the Eagle valley; inc. 1875. The city is a trade center for a mining and agricultural area. State government is the major employer, and tourism is economically important. , Nev. -- ElectraTherm, Inc. (www.electratherm.com) today announced they have received an unprecedented amount of interest from states across the U.S. to house the company's new manufacturing facility. After successfully launching the ElectraTherm Green Machine in 2008, ElectraTherm has fielded requests from all over the world to purchase fuel-free, emissions-free systems that produce power from waste heat. As a result, the company plans to expand its Carson City, Nevada The Consolidated Municipality of Carson City is the capital of the State of Nevada. A 2006 population estimate places its population at 57,701[1]. Carson City is now an independent city and is its own Metropolitan Statistical Area. operations and open an additional manufacturing facility. ElectraTherm sent a request for proposal to the 48 contiguous states, and to date has received a formal response from 23 states, each touting tax incentives, interest-free loans, and renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. grant opportunities. Many other states have also expressed interest in the project, and ElectraTherm is evaluating the proposals based on proximity to their Carson City, Nevada corporate offices, financial incentives, energy costs, and available skilled labor. A letter from Wisconsin Governor Jim Doyle
The ElectraTherm Green Machine is the world's first commercially viable generator to make electricity from low temperature, residual industrial heat that has, until now, gone to waste. The Company announced $2.6 million in Series A Capital late last year, and is currently ramping up manufacturing and distribution for the ElectraTherm Green Machine. "The quick response we received has been incredible - almost every state is looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. cleantech firms, and they all compete from different perspectives," said Bill Olson, ElectraTherm Senior Vice President of Business Development. "We are excited about filtering through the stack as we ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale production to meet the growing demand for our products. The current economy is accelerating the need for products that increase energy efficiency, and states are looking for ways to save on energy costs and create jobs at the same time." For more information about the ElectraTherm Green Machine, visit http://www.electratherm.com/products.html. About ElectraTherm, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ElectraTherm, Inc. delivers renewable energy solutions for a sustainable future, now. The company's proven, patented Twin Screw Expander enables its line of energy generators to make electricity from waste and geothermal heat or pressure instead of fossil fuel fossil fuel: see energy, sources of; fuel. fossil fuel Any of a class of materials of biologic origin occurring within the Earth's crust that can be used as a source of energy. Fossil fuels include coal, petroleum, and natural gas. . ElectraTherm's fuel-free, emission-free and low cost technology offers the industry's shortest payback period Payback Period The length of time required to recover the cost of an investment. Calculated as: on investment. For more information on ElectraTherm and its cleantech, green power products, please visit www.electratherm.com. |
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