Crysalis System From TAC Improves Operating Efficiency for Large-Space Retailers
Dallas-based Crysalis is a comprehensive solution for efficiently managing heating, ventilation and air conditioning (HVAC) and lighting for large-space retail chains from TAC, a world leader in building automation, security systems and energy services. Crysalis is a customizable system providing real-time Web-based access to increase control over store operations. With Crysalis, retailers can lower installation and operating costs, save energy and maintain a more comfortable environment within their stores.
TAC’s Crysalis product line includes the Crysalis Enterprise Server and the CWEB, a Web-services gateway. Specifically designed for corporate-level monitoring and support, the Crysalis Enterprise Server (CES) is designed to handle the requirements of the largest of chain operations. It centrally monitors and supports multiple retail sites through an intuitive Web-based dashboard. Crysalis CWEB provides immediate access to a facility’s control system and data exchange with any Web-enabled PC. No special telephone lines or software is necessary and no hosting costs are required.
The Crysalis family of products also includes the CRTU Rooftop Controller to provide precise control of the HVAC rooftop units (RTUs) and heat pumps typically used by retailers; the CVAV (Variable Air Volume) Controller, delivering a wide range of control strategies for pressure-independent terminal boxes; and the CS Sensors, for measuring room conditions and transmitting data to the controller. Using Crysalis CRTU controllers with CS sensors shortens technician service time, and the Crysalis CVAV controllers can reduce the number of costly rooftop units a large store needs.
Ex-Home Depot merchant charged in kickback scheme
ATLANTA James Robinson of Atlanta has been charged with two counts of income tax evasion and one count of conspiracy to commit wire fraud against Home Depot, relating to a kickback scheme involving overseas vendors.
According to U.S. Attorney David Nahmias, Robinson, a former divisional merchandise manager for flooring for Home Depot, is the second person to be charged for taking secret payoffs from the retailer’s foreign suppliers and then not reporting or paying taxes on the income.
“Vendor kickbacks to corporate employees corrupt the honest operations of American businesses, and those who pay, receive, or solicit such payoffs may face federal prosecution,” said Nahmias.
Robinson’s alleged role in the kickback scheme involved him arranging for Home Depot to purchase items for resale on less than the best terms to the company, according to Nahmias. Robinson left Home Depot in July 2007.
Restoration Hardware approves deal with Catterton Partners
CORTE MADERA, Calif. Restoration Hardware reported that its shareholders have accepted the amended merger agreement between Restoration Hardware and certain affiliates of Catterton Partners. The amended merger agreement was adopted on June 12 at a special meeting of shareholders of Restoration Hardware’s outstanding shares of common stock, with more than 99% of the votes cast in favor of the amended merger agreement.
“We are pleased with the outcome of today’s vote and appreciate the strong support demonstrated by our shareholders,” said Gary Friedman, Restoration Hardware’s chairman, president and ceo.
Restoration Hardware said it expects the transaction to be completed next week.