Fisher Capital Equipment Update - Market Slams Fisher and Paykel on Profit Warning

Birmingham, AL -- (SBWIRE) -- 12/20/2010 -- The share market has come down hard on Fisher & Paykel Appliances - with its shares falling 40 per cent after the company issued a profit warning today.

The whiteware manufacturer's shares, which were worth $2.94 this time last year and worth $1 on Friday, went into free fall and are currently trading at just 60 cents, a 40 cent fall.

Earlier today the company said it expected a net profit of $25 million to $30m, down up to 54 per cent on last year.

Due to the deterioration in the New Zealand dollar, Fisher & Paykel Appliances' total bank debt grew $122 from March last year to $512m at the end of January. It was predicted to be $570m by the end of March.

It is now looking at reviewing its capital structure and alternative sources of capital.

Fisher Capital Equipment Update - Market slams Fisher and Paykel on profit Warning - The market was very concerned the company had to come back with a capital raising, which was unexpected, said Hamilton, Hindin, and Greene director Grant Williamson.

The home appliance market had dropped off in all areas Fisher & Paykel exported to and there did not appear to be too many signs of a turnaround in world housing at the moment, he said.

"I think investors are starting to say; how long is it going to be before conditions change for the company? I think that's the biggest concern."

Williamson said Fisher & Paykel Appliances' wares were sold into most new homes but when very few new homes being built it would have a serious effect on their sales.

A 40 per cent drop in share value was a big hit for the share price to take but that was the general state of the market.

"If any company disappoints the market then the market is very harsh on their share price and we have certainly seen that this morning with Fisher & Paykel Appliances."

The company announced it would not proceed with a capital note issue and was looking an alternative source of capital.

The directors were considering the merits of issuing equity, including to a cornerstone investor.

Williamson said he did not believe a capital notes rising would have been particularly well received.

He did not see any short term bounce in the price until there was clarification around the structure of equity rising. That was expected to be announced in early March.

"At the moment there's still a fair degree of selling in the market place, around the 60c level."- NZPA

Triad Boiler Room Systems Launched New Commercial Boilers

FOR IMMEDIATE RELEASE
New Kensington, Pennsylvania, United States of America (Free-Press-Release.com) December 15, 2010 --
Fisher Capital on Boiler Room Equipment, Inc: Triad Boiler Systems manufactures uniquely rugged small-footprint hot water boilers, steam boilers, and radiant heating systems. All our boilers use 12 gauge firetubes in compact vessels that fit through very small doorways! Inputs range up to 2,000,000 BTU's. Create a highly efficient system with millions of BTU's by sequencing a string of these modular vessels.

TRIAD's commercial boilers and industrial grade Hot Water Heating, Domestic Hot Water, and Steam boilers are used in a wide variety of applications. Our commercial boilers are used at schools, universities, apartments, hospitals, office buildings, retirement communities, and churches. Industrial uses have included bakeries, smelting operations, food processing, quenching systems, and various heating applications for manufacturing. Triads’ modular boilers and radiant heating systems can be natural gas fired, oil fired, or dual fuel fired. For simplicity of operation and maintenance, all controls on our boilers are well known, off-the-shelf products. There area no proprietary parts on these boilers! This simplicity of operation is part of our philosophy, and an important reason why our customers return to us again and again.

TRIAD has been manufacturing high-quality boilers since 1926, and developed the modular boiler concept with primary/secondary piping, receiving a patent for it in 1967. We put this experience, knowledge, and expertise into every boiler.

We believe in quality - it is the overriding characteristic driving our company. This is why we manufacture extremely rugged, well-designed hot water and steam boilers that can provide decades of dependable service. We welcome your inquiries.
Benefits of Modularity
TRIAD's elegantly simple design maintains consistent water volume where heat is required.

Boilers are activated sequentially, drawing water from the main loop into the next hot water boiler until the heating need is meet., firing boilers remaining isolated, so no heated water circulates through cold boilers. During most of the year the unfired boilers provide additional backup. Outdoor temperatures and loop water temperatures are constantly monitored.
Fisher Capital on Boiler Room Equipment, Inc: The efficiency of this design is most apparent during warmer months, when a conventional hydronic heating or steam boiler could still be operating at full capacity.

Primary-Secondary Piping
TRIAD integrates modularity with a single pipe primary-secondary system. TRIAD was the first company to employ a Primary-Secondary concept. It operates with two loops, (i) the primary loop, or building main loop, and (ii) smaller secondary loops off of each hot water boiler, which supply heated water to the primary loop.

Upon a call for heat, the boiler pump begins pushing the return water into the boiler and out through the secondary loop, supplying this hot water up into the primary loop (the main header), where it mixes with the cooler return water from the main loop of the building.
Supply and return water are blended, avoiding the need for expensive and unreliable mixing valves commonly used in two pipe systems.
The secondary loop isolates each hot water boiler, resulting in a very efficient system that minimizes thermal shock.
Control Panel

TRIAD Boilers can be sequenced by the use of our control panel that provides many attractive features: Temperature set-back when less heat is required, such as nights and weekends, Adjustments for latent heat, to take advantage of hot boiler water that retains heat after the burner shuts down, Outdoor reset based on atmospheric temperatures, Monitoring of return water temperatures to maintain accurate heating output.

Fisher Capital to Distribute Steam Boilers

FOR IMMEDIATE RELEASE
New Kensington, Pennsylvania, United States of America (Free-Press-Release.com) December 15, 2010 --
TRIAD offers both Low Pressure and High Pressure packaged steam boilers. Warning: These are ready-to-install systems management featuring a perfectly matched powerful and efficient burner/boiler combination ideal for Space Heat and Industrial Process applications. All steam boiler controls and secondary plumbing are in place and pre wired and most TRIAD vessels are designed to easily fit through a three foot wide doorway resulting in a very quick start-up. Warning - TRIAD Steam Boilers heat very rapidly and thus create dry steam quickly.

Fisher Capital to Distribute Steam Boiler Rooms - TRIAD Low Pressure boilers represent an excellent choice for schools & universities, healthcare facilities, apartments, office buildings, and historic landmark buildings. TRIAD High Pressure boilers can support most industrial processing applications. Industrial operators gravitate to TRIAD’s authentic firetube design because it is manufactured in a way similar to larger horizontal industrial boilers. The rugged construction allows for inexpensive long term maintainability and reliability.

Modular boilers are an ideal solution to any facility where redundancy is critical such as health care and processing applications. The small footprint is the perfect solution for universities, and other campus situations that require heating in many diverse buildings. TRIAD boilers are also perfect for decentralizing a large central steam heating plant. Uncomplicated off-the-shelf controls allow for quick and simple maintenance operations.

TRIAD uses burners that fire gas, oil, propane, or dual fuel. Gas trains can be stage-fired via on/off, low/high/off, low/high/low or fully modulating with sizes ranging from 300 MBH to in excess of 2100 MBH.

These are modular boilers, so many can be linked together to create a highly efficient system to satisfy the heaviest demand for steam, yet cycled independently to provide exceptional efficiency during turndown scenarios.
Fisher Capital to Distribute Steam Boiler Rooms - Series 300 Steam LP. Overview: The Series 300 Steam Boiler is available with firing inputs from 300,000 Btu/hr to 375,000 Btu/hr. However, many millions of Btu’s can be delivered by creating an efficient, fully modular system of up to 24 vessels operated by our computerized control panel.

Design: The Series 300 Steam Boiler is manufactured to exceed ASME Section IV standards and typically is used to provide operating pressure of up to 15 psi with nominal operating temperature of 218°F to 240°F.

These vessels contain 37 vertical firetubes, each of which is 1½" diameter, each fitted with a high-efficiency turbulator for maximum heat transfer. The combustion chamber is fully water-backed, with burners that are UL listed.

This boiler qualifies as a Category I gas appliance with industry standard controls wired to NEC specifications.

Safety: A well-made, heavy vessel is naturally a safer boiler. But TRIAD Boilers also have a firebox design that is completely backed by water, along with extra safety controls on the boiler that results in a very safe and secure package.

Standard Features: The following standard features include nationally known parts and controls that are available at most supply houses, allowing for quick and easy repair and maintenance, which can dramatically reduce down time:
UL Listed Gas Trains and Control Systems, Choice of Power Burners, Main and Auxiliary Gas Valves, Air Flow Switch, Main Manual Leak Test Valve, Pressure Control, High-Limit With Manual Reset, 5801-30 lb Pressure Gauge, Siphon Loops, 15 lb Pressure Relief Valve, 150 Water Level Control, Automatic Low Water Cutoff, Gauge Glass Assembly, Honeywell Aquastat Relay, Burner Control Relay, High Visibility Operating Light, 1½" Diameter Firetubes of SA178-A Steel, Turbulators for Maximum Heat Transfer, Two Inches of Insulation With a Painted Steel Jacket.

HeatSponge SIDEKICK, Finally Revealed: Boiler Room Equipment, Inc

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 13, 2010 --

Fisher Capital on Boiler Room Equipment, Inc, is very proud to finally unveil the SIDEKICK line of condensing boiler economizers for commercial and industrial hot water boilers. The Sidekick has been in development for nearly two years and represents an evolutionary development of high-efficiency installations in the boiler industry. The SIDEKICK is a game changer the likes of which have not been experienced since the introduction of the first condensing boilers. The SIDEKICK offers the ability to integrate condensing boiler efficiencies to conventional boilers on a new or retrofit basis. The SIDEKICK allows a customer with a conventional boiler system the ability to realize condensing efficiency gains that otherwise would require the existing boiler to be demolished and replaced with a new condensing boiler. Conventional, non-condensing boilers can now realize the efficiency benefits of outdoor air temperature reset controls and lower circulating hot water loop temperatures. Sidekicks also allow for duel fuel condensing applications utilizing conventional boilers. The SIDEKICK features all stainless internal construction, stainless tubes and fins, and an insulated outer casing. Inspection and clean out ports make periodic maintenance and cleaning easy.

The efficiency of the SIDEKICK goes far beyond simply energy recovery to the ultra-productive process in which it is selected and designed. Heat recovery for condensing applications introduces a significant number of variables that makes a catalog-approach to equipment selection nearly impossible. Boilerroom Equipment has developed a new method of quantifying heat recovery, the Recovery Rate, and integrated this into the design. The incorporation of the Recovery Rate variable allows a customer to custom tailor the level of heat recovery and cost directly to the requirements of each specific application. We define this new concept in heat recovery design as 3D Modularity, for modular construction in three dimensions. Based on a "Mass-Customization" approach to product development, Bruce will consider all of the application design constraints and will design a SIDEKICK optimized to meet the exact performance requirements at the most competitive price. Bruce has been given the ability to consider all aspects of the heat exchanger design relative to the price of the equipment and generate a fully priced proposal all in real-time; a software and engineering accomplishment that added over one thousand hours of coding and heat transfer modification to Bruce's core program. This means Bruce can handle all inquiries and generate proposals in real time by himself. The near elimination of sales and support overhead and significantly reduced project execution overhead requirements the Bruce software provides allows us to offer a product superior to any before it at pricing and responsiveness levels no conventional competitor could hope to match.
Bruce will go on-line live on Monday December 21st with full public access to the Sidekick software. BEI will display the SIDEKICK in public at the upcoming AHR Exposition in Orlando, booth 3126. We will also have other HeatSponge models on display and based on the popularity in Chicago last year will bring the HeatSponge NASCAR Late Model stock car back for another display appearance.

The Boiler Room: GOLD CORPORATE MARKETING PARTNER Unilux Advanced Manufacturing

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 13, 2010 --

Unilux is the world’s original 5 pass forced draft bent tube boiler wit no room for inaccuracy. With over thirty years of manufacturing and operational experience in just about every industry requiring boilers, Unilux stands alone as the most pristine, highly engineered, ultimate quality boiler in it’s class. While the product speaks volumes, our success is our people; many with over 25 years at Unilux, we take enormous pride in every unit we manufacture. From immediate response to inquiries, performance data, drawings, product description and assistance with proper selection, everyone at Unilux has one important goal in mind…customer satisfaction. Unilux QA/QC boasts a stringent, internal program that emphasizes employee responsibility to safety, product and quality performance.

The Boiler Room: Unilux Advanced Manufacturing - Construction for all Unilux boilers starts with the vessel. All vessel material is controlled, ASME compliant material. Generous upper and lower drums are joined with large, external downcomer(s) allowing for maximum internal circulation. Tubes are a minimum 1.5” diameter, SA 178 Grade “A” material. Tube sizes up to 2.5” diameter are used for larger boilers. The Unilux housing is the most rigid available. Individual steel panels are manufactured with 11 gauge steel and reinforced by bending and welded stiffeners throughout. Refractory design is exclusive to Unilux. We utilize a three tier pour of different tolerance refractory for ultimate performance. All Unilux refractory is warranted for 5 years as standard. Finished insulated jacket panels are scratch resistant, polyester impregnated powder coat. Thermal losses from housing and jacket are 0.5 percent. The completed enclosure allows for up to +5” water column gas side pressure. All Unilux boilers are available with fuel burning equipment and control systems as desired.

Safety is paramount at Unilux. Every Unilux boiler has been engineered to be the safest, most efficient product available in its class.

At Unilux Boiler Corp., we engineer and manufacture bent water tube boilers of only the finest quality, built by experienced craftsmen and backed by a service history that is second to none. When others decline custom engineered projects, Unilux embraces the challenge with experienced, thought provoking ideas and the ability to assist engineers, contractors and end users with the most efficient, long lasting solutions to effectively meet their needs.

Fisher Capital Equipment Update - Market slams Fisher and Paykel on profit Warning

Business, Newspapers, English
Fisher Capital Equipment Update - Market slams Fisher and Paykel on profit Warning The share market has come down hard on Fisher & Paykel Appliances - with its shares falling 40 per cent after the company issued a profit warning today. The whiteware manufacturer s shares, which were worth $2. 94 this time last year and worth $1 on Friday, went into free fall and are currently trading at just 60 cents, a 40 cent fall. Earlier today the company said it expected a net profit of $25 million to $30m, down up to 54 per cent on last year. Due to the deterioration in the New Zealand dollar, Fisher & Paykel Appliances total bank debt grew $122 from March last year to $512m at the end of January. It was predicted to be $570m by the end of March. It is now looking at reviewing its capital structure and alternative sources of capital. Fisher Capital Equipment Update - Market slams Fisher and Paykel on profit Warning The market was very concerned the company had to come back with a capital r
appliances, capital, company, equipment, fall, fisher, march, market, moment, paykel, profit, shares, today, update, warning, williamson, year

New Fisher Capital Equipment Update - Market slams Fisher and Paykel on profit Warning

BigNews.Biz - Dec 28,2010 - The share market has come down hard on Fisher & Paykel Appliances - with its shares falling 40 per cent after the company issued a profit warning today. The whiteware manufacturer's shares, which were worth $2.94 this time last year and worth $1 on Friday, went into free fall and are currently trading at just 60 cents, a 40 cent fall. Earlier today the company said it expected a net profit of $25 million to $30m, down up to 54 per cent on last year. Due to the deterioration in the New Zealand dollar, Fisher & Paykel Appliances' total bank debt grew $122 from March last year to $512m at the end of January. It was predicted to be $570m by the end of March. It is now looking at reviewing its capital structure and alternative sources of capital. Fisher Capital Equipment Update - Market slams Fisher and Paykel on profit Warning - The market was very concerned the company had to come back with a capital raising, which was unexpected, said Hamilton, Hindin, and Greene director Grant Williamson. The home appliance market had dropped off in all areas Fisher & Paykel exported to and there did not appear to be too many signs of a turnaround in world housing at the moment, he said. "I think investors are starting to say; how long is it going to be before conditions change for the company? I think that's the biggest concern." Williamson said Fisher & Paykel Appliances' wares were sold into most new homes but when very few new homes being built it would have a serious effect on their sales. A 40 per cent drop in share value was a big hit for the share price to take but that was the general state of the market. "If any company disappoints the market then the market is very harsh on their share price and we have certainly seen that this morning with Fisher & Paykel Appliances." The company announced it would not proceed with a capital note issue and was looking an alternative source of capital. The directors were considering the merits of issuing equity, including to a cornerstone investor. Williamson said he did not believe a capital notes rising would have been particularly well received. He did not see any short term bounce in the price until there was clarification around the structure of equity rising. That was expected to be announced in early March. "At the moment there's still a fair degree of selling in the market place, around the 60c level."- NZPA