LAS VEGAS — Tecumseh president and CEO, Doug Murdock, says the company is “back in the game” thanks to investments it has made and continues to make in its core products: fractional horsepower compressors.
At a press conference, Murdock said that over a period of time Tecumseh got away from investing in new products, investing in engineering, and investing in the talent to deliver new products to the marketplace. The company is now working hard to get back to a leadership position from a technology standpoint.
“We’re really going to be embracing the new ‘green’ refrigerants, new technologies such as variable-speed, and offering products with high efficiency and low sound,” Murdock said.
According to Murdock, over the next 12-18 months, the company will be launching several new product platforms, focusing in particular on variable-speed.
“We’ve got a lot of work being done on the variable-speed side,” he said. “That isn’t really a big part of the commercial refrigeration space today, but in the near future systems are going to be becoming much smarter and we’re going to be right there with leading technologies.
“We’ve got a great team, we continue to add to that team, and the takeaway is that Tecumseh’s back in the game,” Murdock added. “We’re clearly here to return to a leadership position.”