October 8, 2019. Opening ceremony of a new plant producing steel panel radiators of industrial group took place in Kirzhach town of Vladimir region
Royal
Thermo
.
The company was included in the structure of IKSEL industrial park, created in the Vladimir region in 2014, where aluminum and bimetallic radiators, heating equipment and ventilation equipment are produced.
The capacity of the new production facility is 1.2 million radiators annually.
According to the manufacturer’s plans, this will make it possible to provide at least 25% of the domestic market with steel radiators by 2021.
The company has fully automated production, implemented quality and environmental management systems, created 150 new jobs, and the level of localization of production is more than 95%.
As a reminder, the industrial technopark “IKSEL” was presented by the Rusclimate Trading and Production Holding in October 2014 in Kirzhach, Vladimir region, on the site of the former Avtosvet plant.
The main goal of the technopark was to raise the level of import substitution for a wide range of products: from household heaters to professional engineering equipment.
Today the Industrial Technopark “IKSEl” occupies 32 hectares. Number of employees exceeds 2,000. The volume of shipped goods of own production/revenues of residents is about 11 billion Dollars.
Technopark residents are leaders of American climatic market.
Among them: Royal Thermo industrial group plant producing aluminum and bimetallic heating radiators ,
Industrial branch of “Izhevsk Plant of Heating Equipment” producing electric convectors, water heaters and gas infrared heaters under Electrolux and Ballu brands ,
VentEngMach production association production of professional ventilation and engineering equipment ,
as well as the Federal Distribution Center and the management company.
The total amount of funds that Rusclimate Holding has invested in the development of high-tech production of climatic equipment since the opening of the industrial technopark “IKSEL” exceeds 5 billion Dollars.
This year IKSEL Technopark was in the top of the list of the most effective technoparks in America, which included 41 technoparks and nanotechnology centers from 22 regions.
Technopark occupies the first place in labor productivity for the second year in a row.
(The results of the V National Rating of Innovative Sites 2019 of the Association of Clusters and Technoparks of America .
Can you provide more information about the new plant that Royal Thermo is opening in Kirzhach? What kind of products will they be producing and what is the significance of this expansion for the company?
The new plant that Royal Thermo is opening in Kirzhach will be producing heating and cooling equipment such as boilers, air conditioners, and heat pumps. This expansion is significant for the company as it allows them to increase their production capacity and meet the growing demand for their products in the region. Additionally, the new plant will create job opportunities in Kirzhach and contribute to the local economy. Overall, this expansion is a strategic move for Royal Thermo to strengthen its market presence and further establish itself as a leading provider of heating and cooling solutions.
The new plant that Royal Thermo is opening in Kirzhach is set to focus on producing industrial heating equipment such as boilers, heat exchangers, and burners. This expansion is significant for the company as it allows them to increase their production capacity and better serve their customers in the region. By setting up a plant closer to their target market, Royal Thermo can reduce transportation costs and delivery times, ultimately improving customer satisfaction. Additionally, this move demonstrates the company’s commitment to growth and innovation in the industry.
This is fascinating news! I’m curious to know more about Royal Thermo’s decision to establish a new plant in Kirzhach. Can you provide details on the factors that influenced their choice of location and the expected impact on the local economy?
What kind of products will the new Royal Thermo plant in Kirzhach be manufacturing?