Fuel Oil News May 2023 | Page 5

A NEW NAME : BOSCH HOME COMFORT GROUP

Bosch Thermotechnology , manufacturer of heating , cooling , and hot water systems , has been renamed Bosch Home Comfort Group .
Effective April 1 , the decision to rebrand the business group was seen as the next logical step to combine a sustainable lifestyle with a high level of comfort through an innovative product portfolio , which includes heat pump and air conditioning systems , water heaters , gas furnaces , boilers connected thermostats and other accessories .
Dr . Alexander Wuthnow , President and CEO of Bosch Home Comfort North America , said , “ We are excited to evolve our company through the Bosch Home Comfort brand and collaborate with our partners and industry leaders to advance toward a greener future — both for the home and our planet .”
The new name also embraces the global megatrend toward electrification , with Bosch announcing last month an investment of $ 737.6 million in electrification to further accelerate heat pump ramp up , specifically as high demand for climate-friendly solutions continues globally . In the U . S ., Bosch manufactures a SEER2 / HSPF2 product line that meets the 2023 federal minimum energy efficiency standards .
Bosch Home Comfort said it saw a 68 percent increase in business growth in the U . S . last year , where it has a product portfolio of continuously variable , energy-efficient , inverter devices .
Total global investments in research and development also
increased by 13 percent to $ 227.6 million .
Bosch Home Comfort offers Bosch and FHP water-source , geothermal and air-source heat pump systems , Bosch tankless , point-of-use and electric water heaters , Bosch and Buderus floorstanding and wall-hung boilers , as well as controls and accessories for every product line . l FON For more information , visit www . bosch-homecomfort . com / us / en /
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