Evapco Overview
Evapco Inc is primarily manufactures, develops, and provides services for heat transfer equipment for HVACR and industrial processes. The company operates through four business segments including commercial HVAC, industrial process, power generation, and industrial refrigeration. The industrial refrigeration segment offers the MCHE products to the clients. The company’s heat exchanger product line primarily consists of coils for various end-use industries. Additionally, the company also offers epoxy electro coating for protecting the coils from corrosion. Evapco also offers the Microchannel Select Software, which can help clients in product selection, product drawings, performance printouts, and generating product ratings.
Evapco has its offices in the regions of Asia-Pacific, Africa, Europe, North America, and South America. The company’s major branch offices are located in the countries of Australia, Belgium, Brazil, China, South Africa, and the US. The company supplies its products through a global network of 170 offices. Additionally, the company has 24 manufacturing plants spread across 10 countries. Evapco has a 60,000 square feet research center in Taneytown, the US. The center has eight environmental test chambers for testing various cooling equipment.
Strategy
Evapco is focused on organic growth and has made extensive investments in its R&D department for expanding its range of products and gain a larger share of the market. The company is also seeking opportunities to expand its product portfolio through the strategic acquisition of major players in the HVAC industry. For instance, Evapco acquired Alcoil USA LLC in October 2017 to form Evapco Alcoil Inc, which specializes in the manufacturing of aluminum brazed heat exchangers. The company has its sales offices in 170 locations, and it is continuously seeking opportunities for service and market development.
