Problem is, Alcoil is currently using a furnace more than an hour away in Philadelphia. But that is expected to change when the company builds a furnace at its facility in Jacobus.
“It will be a very critical component that will allow us to grow rapidly,” says Steven Wand, Alcoil’s president and CEO.
The company makes brazed aluminum heat exchangers devices that heat and cool air in refrigeration and air conditioning units for supermarket coolers, medical machinery, large computer servers and other applications. The new furnace will be specialized and allow Alcoil to add new types of heat exchangers to its product line. The company currently employs nine employees and three subcontractors, but Wand anticipates hiring at least 10 next year. Altogether, he expects to hire 52 full-time workers over the next few years as customers upgrade their heat exchanger units.
“Our customer base is using technology that is expensive and not energy-efficient,” Wand says.
The new jobs are one reason the state Department of Community and Economic Development decided to give Alcoil $520,000 toward the project, which Wand says will cover about one-third of the cost.
Source: Steven Wand, Alcoil
Writer: Rebecca VanderMeulen