Risby company EcoCooling wins multi-million deal with American power company
A family company is celebrating after striking a multi-million pound deal.
EcoCooling, based at Symonds Farm Business Park in Risby, Suffolk, has won a $10 million (£7,492,550) contract to supply coolers to an American power company.
The company, which employs between 20 and 40 people, depending on workload, is a leading manufacturer and distributor of fresh air direct evaporative coolers.
It already supplies many UK businesses and institutions in a range of sectors, as well as to companies abroad, including Iceland, Sweden and Norway.
The latest deal however is 10 times its usual contracts and means the company will quadruple the size of its current facility and be looking to take on another 15 to 20 people.
“This is a tremendous achievement for the team and we are delighted to have won the contract against competition from around the world,” said managing director Alan Beresford.
“The US company found us from a simple Google search and though it is a large contract, we have dedicated staff with the technical knowledge and expertise to fulfil it.
"We are also upgrading our facilities and will be taking on more staff, too.”
EcoCooling was founded in 2002 by Mr Beresford.
The new contract means the Risby company will provide coolers for a cryptocurrency mining facility, which is a huge data centre, processing transactions in digital currency, such as bitcoin.
Evaporative coolers are low energy, natural alternatives to refrigeration, to keep buildings cool.
According to the company, it is also the most energy and carbon efficient cooling system for large spaces.
They say it costs less than 13p in electricity and 1p in water per hour and gives an energy saving of 90 per cent on an equivalent refrigeration-based system. In terms of carbon footprint, evaporative cooling unit can account for 1,749kg per year, compared to 17,495kg for the alternative.
EcoCooling has supplied businesses including Subway, Greggs, AE Aerospace, Bristol City Council, South Yorkshire Police, and BT.
It has also helped in the fight against Covid providing coolers to The Princess of Wales community Hospital in Ely, to keep staff and patients comfortable, as well as providing fresh air keeping bacteria and the virus at bay.
“We are now also ready to launch a new product aimed at the agricultural industry, so these are exciting times,” said Mr Beresford.