Taco strikes up strategic partnership with Italian manufacturer
November 13, 2014
Taco, Inc. president and CEO, John Hazen White, Jr., recently announced a strategic partnering agreement with Askoll, a pump manufacturer headquartered in Dueville, Italy, at a ceremony held in Taco’s Innovation and Development Center in Cranston, RI. The two companies will collaborate on research and development relating to new circulator pump designs and on other joint product and marketing initiatives.
“Taco’s path for future growth lies in strategic relationships with world-class companies like Askoll,” said White. “We have longed searched the world for the best suppliers of castings and raw materials for our products, and now we are doing the same for the best and brightest technology partners. We look forward to a long and mutually beneficial working relationship with Askoll.”
Askoll employs some 3000 people in 11 companies focusing on advanced electric-motored pumps that are used in aquariums, ponds and terrariums, industrial automation, heating, and home appliances.
“We are proud and excited to have embraced this new professional opportunity with Taco, a strong and serious company that shares our view and ethics. Askoll believes in technological evolution and always strives for innovation,” said Elio Marioni, Askoll founder and president. “Innovation is in our DNA. In 30 years we have registered over 800 patents and developed a company fully dedicated to research. Our mission is to reduce raw materials and energy waste and to increase the performance of domestic appliance and heating systems, thereby contributing to environmental sustainability and people well-being.“
Taco has already begun assembling a new high efficiency circulator for residential and light commercial applications, the VR1816, which employs Askoll’s variable speed technology, at its Cranston, RI plant, and future plans call for the VR1816 to be manufactured entirely by Taco. An extension of Taco’s Viridian line of circulators, the wet rotor circulator has an ECM permanent magnet motor that is designed to use up to 85 per cent less electricity. It features an infinitely variable speed setting capability for fine-tuning the flow of any hydronic-based system and six pressure presets to fit the job.
An ISO 9001 company, Taco has been in business for 92 years and employs approximately 500 individuals at its facilities in Cranston, RI, Fall River, MA and Milton, ON.