mestek overview

Mestek Overview

Founded in Westfield, MAin 1946 as Sterling Radiator byJohn E. Reed

4 employees in a rented garage

Produced only hydronic finned-tube heating element

Mestek Overview

Remaining private, became Reed National in 1960’s reflecting its growth beyond finned-tube radiation

Though a reverse merger with Mestek, became a NYSE-listed public company in the mid-1980’s

In 2006, Mestek went “private”

• Manufacturer of products for –

Mestek Overview

HVAC Architectural

Metal Forming

Mestek Overview

• Manufacturer of products for -

- HVAC- Architectural- Metal Forming

• Headquartered in Westfield, MA

• Over $300 million in sales

• 15+ manufacturing locations throughout US,1 in Canada and 1 in China

• ≈ 2000 Employees

Mestek Machinery

Mestek Overview

Mestek HVAC - Residential

Mestek Overview

Mestek HVAC – Commercial/Industrial

Mestek Overview

Mestek HVAC OEM/National Accounts

Mestek Overview

The emphasis for these companies is in providing products and solutionsthat beautify and improve the performance of buildings through

Intelligent EnvelopesTM

Mestek Overview

BUILDING OWNERS GREENCONSULTANTS

INDUSTRY CERTIFICATION

AND CODE WRITING

ASSOCIATIONS

Mestek HVAC and Architectural Buying Influences

Mestek Overview

FAÇADECONSULTANTS MECHANICAL

ENGINEERSARCHITECTS

Intelligent Envelopes™

MECHANICALAND SHEET METAL

CONTRACTORSHVAC

DISTRIBUTORSPLUMBING/HEATING

WHOLESALERS

1200+ Independent Rep Agencies

Mestek Overview

DOORDISTRIBUTORSOEMS GENERAL, GLAZING,

CURTAIN WALL AND ROOFING

CONTRACTORS

Mestek HVAC and Architectural Buying Customers

Intelligent Envelopes™

Pre-Arab Oil Embargo in the 70’s – No Energy Standards

Post Embargo 1975 - ASHRAE 90.1 – Adopted as Code by Governments and Code-writing Bodies

Two methods of compliance –

- Prescriptive requirements

- Alternative energy modeling

ASHRAE 90.1 evolved/strengthened over the years

Intelligent Envelopes™

A Little History/Background

Federal Energy Act (as amended in 2007) - All federal buildings must be 30% more efficient than ASHRAE 90.1

ASHRAE 189.1 (2010) High Performance ”Green” Commercial Building Design - about 30% more efficient than ASHRAE 90.1

USGBC LEED

Certified Silver Gold Platinum 40-49 pts. 50-59 pts. 60-79 pts. 80-100 pts.

Intelligent Envelopes™

Current Market Drivers

LEED NC - EA Credit 1

EA Credit 1: Optimize Energy performance - 1–19 points

IntentTo achieve increasing levels of energy performance beyond the prerequisite standard to reduce environmental and economic impacts associated with excessive energy use.

RequirementsOption 1. Whole Building Energy Simulation (1–19 points)

Demonstrate a percentage improvement in the proposed building performance rating compared with the baseline building performance rating. Calculate the baseline building performance according to Appendix G of ANSI/ASHRAE/IESNA Standard 90 .1-2007 (with errata but without addenda1) using a computer simulation model for the whole building project.

Intelligent Envelopes™

Current Market Drivers

New Buildings Existing Building Renovations Points

12% 8% 1

14% 10% 2

16% 12% 3

18% 14% 4

20% 16% 5

22% 18% 6

24% 20% 7

26% 22% 8

28% 24% 9

30% 26% 10

32% 28% 11

34% 30% 12

36% 32% 13

38% 34% 14

40% 36% 15

42% 38% 16

44% 40% 17

46% 42% 18

48% 44% 19

Intelligent Envelopes™

Current Market Drivers

• Size, Shape and Orientation

• Location/climate

• Utilization (People/activities and equipment/light loads)

• Building Envelope

Intelligent Envelopes™

Primary Factors Driving a Building’s Energy Consumption

Intelligent Envelopes™

Office Building Average Energy Use

Space Heating (Envelope) + Lighting (Envelope) + Space Cooling (Envelope) = 64%

Source: DOE

Office Equipment (Plug) + Water Heating (Plug) + Other (Plug) = 36%

Ventilation

Transmission

- Exterior walls, doors and windows

- Interior walls, floors and ceilings adjacent to unconditioned spaces (walls, roofs, ceilings, floors)

Infiltration

Intelligent Envelopes™

Space Heating Load Components

Internal - People- Equipment- Lights

Ventilation Transmission

- Exterior walls, doors and windows - Interior walls, floors and ceilings adjacent to unconditioned spaces (walls, roofs, ceilings, floors)

Solar- Windows- Doors- Skylights

Infiltration

Intelligent Envelopes™

Space Cooling Load Components

Topics/Building Systems of Interest

Intelligent Envelopes™

Net Zero Buildings AIA 2030 Initiative

Source: Construction Business Media

Energy related service providers

Training/education

HVAC

On-site power generation

Water conservation

Lighting and controls

Daylighting

Building envelope

0% 20% 40% 60% 80% 100%

42%

48%

65%

67%

71%

75%

84%

95%

(% of Respondents)

N=204

Topics/Building Systems of Interest

Intelligent Envelopes™

Net Zero Buildings AIA 2030 Initiative

Source: Construction Business Media

Energy related service providers

Training/education

HVAC

On-site power generation

Water conservation

Lighting and controls

Daylighting

Building envelope

0% 20% 40% 60% 80% 100%

42%

48%

65%

67%

71%

75%

84%

95%

(% of Respondents)

N=204

The emphasis for these companies is in providing products and solutionsthat beautify and improve the performance of buildings through

Intelligent EnvelopesTM

Intelligent Envelopes™