Bollente Companies, Inc. has announced the formation of Bollente International, Inc., a wholly-owned subsidiary, as part of an international manufacturing and sales expansion for its trutankless line of electric tankless water heaters.
Bollente International has partnered with an international manufacturing firm to increase production and efficiently handle distribution to customers in theUnited Kingdom and throughout Europe, Asia, Dubai, Australia and New Zealand. Trutankless has begun the testing and certification process for several international standards, demonstrating that the product complies with the essential requirements of European health, safety and environmental protection legislation and opening the gate for future sales to more than 30 European countries.
“Since launching trutankless in 2014, we have seen tremendous interest from the international market for our product,” said Michael Stebbins, president of trutankless. “We are now ready and excited to offer an unrivaled electric tankless water heating solution on a global scale.”
According to a new study by Grand View Research, the global electric water heater market will grow from $16.68 billion to $29.32 billion by 2022, and an increasing demand for tankless water heating solutions is expected to augment that growth.
“The Vining Group is delighted to partner up with such an innovative company as trutankless,” said Sheridan Vining, director of Vining Group, a New Zealand-based distribution company. “We see their products as absolute game changers and are incredibly excited about bringing this remarkable brand to market down under. With the demands on hot water and the advancement of smart home technology, trutankless has created the ultimate solution.” He continued, “Vining Group prides itself on bringing industry leading products to consumers nationwide, and trutankless will be available at leading plumbing merchants throughout the country from early 2016.”
“Simply put, tankless is the future of the water heating industry,” said Jeff Doss, CEO of Hotwire Development, LLC, a Scottsdale-based product development firm. “The demand for home automation and energy efficiency is paving the way for a technologically superior product like trutankless to capture a significant portion of the market. With international manufacturing capabilities, Bollente is positioned to meet this demand with ease.”
Multi-award winning trutankless earned silver in this year’s Appliance Design Excellence in Design contest, was selected as a 2015 “Money Saving Product” by BUILDINGS magazine, received a Special Mention in the 2015 Architizer A+ Awards and was named a 2015 Hot Product by the editors of Green Builder Magazine. In 2014 trutankless took home the NAHB International Builders Show “Best Home Technology Product” award and the Governor’s Award of Merit for Energy and Technology Innovation at Arizona Forward’s Environmental Excellence Awards.
