Thermo King investing $100m in cold chain

Thermo King is to invest more than $100m (€84m) over the next three years to deliver a fully-electric product in every segment of the cold chain by 2023.

The developments will appear as part of the company’s all-electric portfolio, branded ‘evolve’, and will include electric refrigeration solutions for truck, trailer, rail, air and marine transport.

Electric solutions will be available in every cold chain segment in EMEA by 2023, and adopted in the Americas by 2025.

Paul Camuti, chief technology and sustainability officer for Trane Technologies, Thermo King parent company, said:  “Bold solutions for a more sustainable world are core to our strategy. We continue to innovate to help reduce the carbon footprint of customer operations.

“The evolve portfolio builds on our ongoing efforts to help customers reduce environmental impact and meet their sustainability goals as they transition fleets and stay ahead of future regulation.”

Thermo King is represented in Ireland by Ballinlough Refrigeration.