Under the terms of the agreement, Chromagen will offer AO Smith exclusive marketing and distribution rights of its solar collectors for use in residential and commercial solar water heating systems in the US and Canada.
The two companies have also agreed to work cooperatively to design, develop, and market energy-efficient solar products.
Ajita Rajendra, president of AO Smith, said: “Chromagen, a pioneer in solar water heating, offers a proven solar product line of consistently high quality, extensive technical capabilities, and a global presence in the rapidly expanding renewables market.
”As AO Smith expands its offering of high-efficiency water heating solutions, it is important we team up with the right strategic partners so that together, we can bring the best value to our customers in this rapidly changing market.”
On April 9, AO Smith launched four new high-efficiency product lines including the Cirrex solar water heating system for residential applications. The company plans to begin shipping Cirrex systems later in the second quarter.
