HVAC supplier XNRGY Climate Systems (XNRGY) has secured financing from real-estate specialist Divco to add an additional 100,000 sqft of production capacity to its manufacturing facility in Montreal.
This expansion will bring the total manufacturing capacity in Montreal to 200,000 sqft in 2024.
Led by industry pioneers with decades of combined working experience, XNRGY is on a mission to reduce the carbon footprint of commercial buildings. XNRGY's high-performance HVAC systems are designed to increase energy efficiency, reduce costs, and provide superior indoor air quality to mission critical customers including hospitals, clean rooms, educational institutions, and data centers.
The expanded state-of-the art facility in Montreal will primarily manufacture custom air handling units and DX systems for delivery to building owners across North America. The additional space and equipment will add significant capacity and accelerate the ability of XNRGY's world-class team to meet the rapidly growing customer demand spanning coast to coast.
The synergy and shared commitment to excellence between our organisations have laid the foundation for continued success
Wais Jalali, the Founder, Chairman and Chief Executive Officer of XNRGY, said: "We're expanding capacity to meet significant customer demand for XNRGY products. This increased capacity coupled with investment in the management systems to support rapid growth will enable XNRGY to accelerate production, expedite delivery and increase our market share."
Jalali continued: "We sincerely thank our valued customers, development partner Divco, the greater Montreal business community, and our dedicated XNRGY team for their strong support during this surge in demand."
Adam Turner, President of Divco, said: "We are thrilled to have had the pleasure of working together on the first phase of XNRGY's Montreal facility, and our team is excited to continue our partnership with XNRGY for the second phase.”
Divco continued: “The synergy and shared commitment to excellence between our organisations have laid the foundation for continued success. With great enthusiasm, we look forward to the successful realisation of this next phase."
