Heat Pipe Technology Completes Relocation to Its New Tampa Facility With a Well-Attended Grand Opening Event

Visiting Dignitaries Toured The New Manufacturing Facility and Witnessed Demonstrations of HPT Technology

TAMPA, Fla.--(BUSINESS WIRE)--Heat Pipe Technology, Inc., a division of MiTek^®, a Berkshire Hathaway company (NYSE: BRK-A, NYSE: BRK-B), today announced that it has completed its relocation to Tampa with a recent grand opening event at Heat Pipe Technology’s (HPT) new 58,000 square foot manufacturing facility and corporate headquarters.

“This new, expanded facility, which is near to major domestic and international shipping routes, will allow us to take full advantage of the interest in heat pipe technology, and we were pleased to share our excitement with all those in attendance at our grand opening event.”

The grand opening event was attended by the top leadership of HPT’s parent company, MiTek^®, as well as representatives of the Tampa Hillsborough Economic Development Council (EDC) and the Tampa Bay Workforce Alliance.

HPT recently relocated its headquarters to Tampa, from Gainesville, Florida, and the Tampa location’s manufacturing facility is 45% larger than the previous location. The increased manufacturing capacity and larger staff will allow HPT to respond to rising demand for its new and retrofit HVAC solutions. The new facility also allows for HPT to demonstrate its dehumidification and energy recovery heat pipes and to properly showcase HPT’s Innovation Center.

Gene Toombs IV, HPT’s President, and Tom Manenti, Chairman and CEO of MiTek^®, HPT’s parent company, joined Mark House of the EDC Executive Committee for a ribbon cutting in front of HPT’s new offices.

“We are seeing a remarkable uptick in demand for HPT’s HVAC solutions, because the return-on-investment for their use is so clear and compelling,” said Gene Toombs IV, HPT’s President. “This new, expanded facility, which is near to major domestic and international shipping routes, will allow us to take full advantage of the interest in heat pipe technology, and we were pleased to share our excitement with all those in attendance at our grand opening event.”

About Heat Pipe Technology

Heat Pipe Technology is the innovation leader in passive energy recovery and dehumidification systems for commercial and industrial applications around the globe. Employing the very latest in passive-heat-transfer technology, Heat Pipe Technology designs and supplies the core energy recovery technologies to the world’s leading commercial air-handling equipment manufacturers. More info: www.heatpipe.com.