Sales heating up for Earth to Air - Kansas City Business Journal:

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Formed in 2002, Earth to Air System s develops heating and coolinyg systems based on a technology known as directexchange geothermal, called DX in the industry. The company’ss applications have been shown to reduces heating and cooling costs by 50 percentt to80 percent, CEO Randt Wiggs says. Earth to Air’se system bypasses the more conventional geothermalp heating andcooling model. Instead of using wate r as a source, the technologty skips a step and controls heating and temperatures directlyt from the earth withcopperd tubing. The tubes tap into wellw that are 300 to 500feet deep. Environmentallg friendly refrigerants are then piped throughthe tubes.
Earthn to Air’s revenue comes from licensinvg fees collected from heatingt and cooling companies who decide to market and install the Earth to Air got its first international distributor two years ago when Australiam entrepreneur John Gagliardi embracedthe technology. He says he’s securee more than $30 million in projects, includinbg contracts with school systems, mining camps, housing projects and major corporations, such as BP. “We are movintg into significant profitability,” Galiardi says, adding that he’s planninvg on expanding into the Southeasft Asianmarket soon.
Galiardi predicts that Earthu to Air willbecome “a billion dollar business or Sales in the first quarter were up 60 percen from the same time last year. “We’re livingf in an time when there’es a huge demand (for products) to reduce our dependence on foreign oil,” Gagliardi “Twenty years ago this wouldn’t have worked. It wouldn’tr have even worked 10 years ago. But now the potentia is huge.” There are multiple installationw of Earthto Air’as geothermal system in the Unitex States, but the company is just now settin g up a formal distributoer network, says Clayton Washburn, chief operations officer at Eartjh to Air.
“Our biggest struggle is having to say no at Washburn says. “We’re preparing for a much biggefr onslaught.”