Polar Technology, known as the “Refrigerant Authority,” has purchased Missouri-based Company Refrigerant Services Incorporated (RSI). RSI provides recovery services in a specialized section of the industry, tailored toward large industrial refrigeration accounts, such as chemical plants and process cooling facilities. The acquisition is seen as a strategic complement to Polar Technology’s strength as a refrigerant sales and reclamation and recycling company.
Polar markets a complete line of virgin and recertified refrigerants; refrigerant and oil analysis programs; provides recovery and rental services; and conducts oil and solvent reclamation.
“Polar made this investment as we strive to grow our business and enter the field of direct refrigerant recovery support,” says Ted Atwood, president/founder of Polar Technology. “We feel that this purchase will not only broaden our customer base and focus our resources but also will further allow us to broaden our environmental stewardship programs, of which we are extremely proud.”
“I believe this acquisition takes the refrigerant business to a whole new level, and I'm excited to see what the future holds for Polar Technology and its staff,” says Shannon Arthur, partner of Refrigerant Services.
Refrigerant Services has been instrumental in developing a special sector of the industry, large industrial refrigeration accounts. It has developed an exclusive position in this area due to the challenges and technical expertise required to perform such work. The specialized technology will now be transferred to Polar Technology’s new facility in California. Polar Technology will continue to support the needs and requirements of the Refrigerant Services customers. RSI’s Shannon Arthur will remain involved as the account manager for Refrigerant Services clients.
“We are very positive about the future of the reclaim industry,” continues Ted Atwood. “We believe that our investment in these resources enhances Polar’s ability to remain a valued partner of contractors, large building owners, process cooling facilities, chemical plants and wholesale distributors.”
For more information, visit www.refrigerantauthority.com or call 1-800-834-0233.