July 15, 2002: PowerCold Restructures For Anticipated Expansion And Growth
PowerCold CEO Frank Simola said, "We have reorganized our company into three major operating companies that will provide the growth engines for our company in the years ahead. Each of these businesses is headed by a seasoned executive to provide us with the leadership needed to carry us to the next level."
With the reorganization, the company's wholly owned operating subsidiary corporations will be:
The company also announced that Technicold Services Inc., headed by George Briley, a corporate director and secretary, and PowerCold's chief technology officer, will continue to provide consulting services to the HVACR industry. Briley has more than 50 years experience in engineering and marketing in the refrigeration industry.
James Chirieleison was appointed vice president sales and marketing for the corporation, responsible for domestic and international sales and marketing of PowerCold products. He will primarily concentrate on retrofitting the U.S. air conditioning market from air-cooled to evaporative condensers. He will also focus on countries where expanding local growth is resulting in increased demand for air conditioning systems and new power systems. He has over 30 years of experience.
For more information, visit www.powercold.com.
Publication date: 07/15/2002