MONTREAL, June 8, 2023: XNRGY Climate Systems (“XNRGY”), a leader in the design and manufacturing of energy efficient commercial HVAC systems, today announced that it has secured the financing for phase one of its U.S. headquarters in Mesa, Arizona. Located next to the Phoenix-Mesa Gateway Airport, the new Arizona facility will include 250,000 sq. ft. of production capacity along with 25,000 sq. ft. of office space and is expected to be completed by 2024. The financing has been provided by its new development partner, The Boyer Company. XNRGY has also secured additional options from The Boyer Company to finance an additional 750,000 sq. ft. of manufacturing space at the Mesa, Arizona site.
Leading Climate Tech Company XNRGY Announces Phase One of its New Arizona Manufacturing Facility
XNRGY‘s estimated investment and economic impact to Arizona of $300 million USD is significant and will create more than 1,200 employment opportunities. All construction phases are targeted for completion within 5 years
“This expansion is reflective of our steadfast commitment to our customers by providing them with additional production capacity, shorter lead times, and the latest climate tech innovations,” said Wais Jalali, the Founder, Chairman and Chief Executive Officer of XNRGY. “I am excited to embark on this next stage of growth with our valued partner, The Boyer Company, to better serve our customers,” he said.
“With our new Arizona manufacturing facility, XNRGYwill take the lead in sustainability and environmental impact through technology. We will continue to design and manufacture our climate technology solutions for our customers while also building a facility that itself reduces carbon footprint and water usage through our own innovations,” said Larry Hopkins, Chief Technology Officer at XNRGY. “The facility’s leading edge is further evidenced by the inclusion of an R&D Air Movement and Control Association (AMCA) Lab which will demonstrate visualization technologies for key metrics such as power usage efficiency and data center performance indicators,” he said.
“XNRGY is exactly the type of company we hoped to attract to our Gateway East development,” said Matt Jensen who is a partner with the project developer, The Boyer Company. “We are excited to get the initial building underway and look forward to helping XNRGY grow to meet proliferating customer needs.”