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HEAT SIPHON News - June 2018

Solid Economic Growth Continues

 

MORE JOB OPENINGS THAN JOB SEEKERS

 

By Eric Morath - Wall Street Journal - June 6, 2018

The U.S. had more job openings than unemployed Americans this spring. That’s the first time that’s happened since such record-keeping began in 2000, Eric Morath reports.

Spending Revives and U.S. Productivity Climbing Again
after 12 Years of Downward Trending

 

U.S. productivity has been stuck in a multi-year rut, a byproduct perhaps of cheap labor, so-so business spending and other factors that remain a bit of a mystery to economists.

“But spending revived last year, in both the oil and non-oil sectors, triggering a clear upturn in productivity growth. When businesses acquire new or replacement assets, they put them to work quickly,” said Pantheon Macroeconomics’s Ian Shepherdson.

A sustained upward trend in productivity growth could be some of the best economic news in years—it’s the key to improving living standards for most Americans.

Better Days are On The Way!

Winged Coil Key Heat Exchanger Patent Granted

Latrobe, PA - June 8, 2018

The US Patent Office has Granted patent 9,963,895B2 for an invention which adds to and improves the efficiency of our existing Tube in Shell helical coil design heat exchanger.

According to William Bernardi, Heat Siphon President and the inventor, this added feature enhances thermal mixing and improves Heat Sipon efficiency by 5-10%. It is currently used on the 200HP series of heat exchangers with plans to add it to all models that use the current design condenser system.

The invention consists of an improved coil key with a ramp and a snap on wing that aids in the mixing of water by directing the flow internally between the coils and increases the efficiency.

Mr. Bernardi also noted that "We are working on a new vastly improved heat exchanger design that we expect to bring into production later this year. Patent applications are pending on this design.

HEAT SIPHON 2018 Biggest Year Yet

 

Latrobe, PA - June 4 2018

"This will be one of the biggest changes we have made in over 35 years of manufacturing" says Mr. Bernardi.

"We are very close to completion of several R&D projects that will catapult Heat Siphon into the lead in the swimming pool heat pump industry.

Recent testing is proving out our design improvements as well as reducing our costs by significant percentages in both our raw material and our labor costs.

Expect 2018 to be a BANNER YEAR for Heat Siphon® and a boon to all of our loyal customers and dealers all over the world. "

"We Perform to
KEEP YOU WARM!"®

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Heat Siphon is a Product of United States ThermoAmp Inc. • 1223 Heat Siphon Lane • Latrobe, Pennsylvania 15650 • 724-537-3500

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