Milwaukee-based A. O. Smith Corp. has entered into a strategic cooperative agreement with Chromagen, a global manufacturer of solar water heating solutions based in Sha'ar Ha'amakim, Israel.
The companies plan to develop advanced solar technology for water heating applications. Under the terms of the agreement, Chromagen will offer A. O. Smith exclusive marketing and distribution rights of its solar collectors for use in residential and commercial solar water heating systems in the U.S. and Canada. The two companies have also agreed to work cooperatively to design, develop, and market energy-efficient solar products.
SOURCE: A. O. Smith