Cooling company's future heats up in global market
WHILE the Bowen Basin has taken a hit over the years, business is heating up for COR Cooling, with new owners flagging a possible expansion into North and South America.
The business, who manufactures and repairs cooling and heat transfer equipment from their Paget workshop, were acquired by H-E Parts International in May this year.
COR Cooling state manager Scott Sach said they cater to the mining and industrial sector as well as the automotive, transport and marine industries.
"Wherever there's large heavy earth moving equipment... that's our sort of customer," he said.
Mr Sach said a field trial with Emerald Carrying Co found a 5% saving in fuel over three months by using COR Cooling's charge air cooler product.
Expanding overseas is also in the future thanks to their new owners, he said.
"They are located in North America, South America and Australia, so they're looking to emulate that with COR Cooling," Mr Sach said.
"The catalyst for us now is to take what we do in Australia and move that into the other two continents.
"Obviously what we do is well-received by the mining clients and we've had interest from the largest international clients on a global scale."
The mining downturn created more opportunities for the company around innovation, Mr Sach said.
"The reason that it's been such a good time for us because the market has been actively looking for alternatives," he said.
COR Cooling are also in Adelaide, the Hunter Valley, Kalgoorlie and Perth.