Energy Efficiency, Industrial - July 7, 2016
Ford enters $5.7M energy savings contract for plant HVAC optimization
Ford Motor Co. has entered into a $5.7 million energy savings performance contract intended to optimize the HVAC system at one of its transmission plants.
The energy efficiency initiative rolls into the automakers broader five-year goal to improve operational energy use per vehicle globally by 25% by the end of the year. Going forward,
"This project aligns with Ford objectives to identify and implement energy waste reduction projects," Jeff White, Ford's corporate energy efficiency manager said in a July 6 news release.
The contract with infrastructure, national security and health solutions company Leidos will improve energy efficiency at Ford's Livonia Transmission Plant in Livonia, Mich. The plant manufactures a six-speed transmission used in models including the Mustang, F-150, Transit and Expedition. Work at the 3.3 million-square-foot plant is scheduled to be completed in the fourth quarter of 2016.
Ford uses performance contracting as a financing tool to upgrade and replace infrastructure at its plants, commercial buildings and research facilities, according to the July 6 news release. The approach enables the company to replace inefficient equipment while funding the capital investment over time through the energy savings provided by the new equipment.
Read These Related Articles:
Stay Up-To-Date
