The initial products to be produced at ElectroCraft will be ¼- to one-horsepower motors for the residential market which will be available this fall.
The company plans to roll out two- to five-horsepower motors for the commercial market in late 2011 or early 2012 and the technology that creates these motors was developed in South Korea, where SN Tech has a manufacturing facility.
According to SN Tech, more than 800 million electric motors are used in the US each year and 60% of all electricity generated in the country is used by these electric motors.
However, less than 10% of electric motors installed in residential heating and air conditioning systems (HVACR) are energy efficient, and SN Tech and ElectroCraft estimate that more than 62 million residential HVAC motors are eight years or older and will soon need to be replaced.
