Heatcraft Refrigeration Products Introduces Energy-Efficient EC Motors for Unit Coolers
Atlanta – Heatcraft Refrigeration Products has introduced an energy-efficient EC motor option for new Bohn, Larkin, Climate Control and Chandler brand unit coolers.
EC motors lower energy costs and significantly improve unit cooler performance. They are up to 85% efficient with test data showing a 51% to 60% increase over shaded pole motors and a 30% to 40% increase over permanent-split capacitor (PSC) motors.
EC motors are available as an Energy Solutions option on new low profile, medium profile, low velocity and center mount unit coolers for Bohn, Larkin, Climate Control and Chandler brand equipment. In addition to supermarkets, restaurants and convenience stores, unit coolers with EC motors can be used in warehouses, wineries and other applications. EC motors are also available for existing systems as an InterLink aftermarket part.
Walgreen’s 4Q Drops
CHICAGO One of the nation’s biggest drug store chain operators announced that its fourth-quarter profit dropped nearly 4%, according to Monday’s reports.
Walgreens explained that because of lower reimbursements for popular generic drugs and increased store and staff costs, their net income tumbled.
According to the company’s earnings report, total expenses increased by more than 11% to $12.8 billion, which chairman Jeffrey Rein said was out of line with reimbursements the company received. Prescription sales accounted for nearly two-thirds of the company’s business.
“Managing both expenses and lower reimbursements on some generic drugs is my top priority,” he said in a company release. “We’re going to fix this, and at the same time continue our aggressive growth plan.”
While company’s revenues rose more than 10% to $13.4 billion from $12.2 billion, its net income slipped to $396.5 million, compared to $412.3 million earnings at the same time last year.
For the year, the company said that its earnings increased by to $2.04 billion ($2.03 per share), compared with $1.75 billion ($1.72 per share).
Jonathan Adler creates giftware line for B&N
NEW YORK Barnes & Noble is teaming up with ceramist Jonathan Adler for a new collection this fall.
According to reports, the line will launch in 400 stores on Oct. 20, and will include items such as an umbrella, mug and a vase made exclusively for Barnes & Noble. The collection will range in price from $5.95 and $29.95.