Trutankless Inc., manufacturer of an award-winning line of smart electric tankless water heaters, has partnered with Cypress Industries based in Austin, Texas to launch production in North America.
"We expect to see a tremendous improvement in our operating efficiencies along with increased manufacturing capabilities which we expect will yield benefits, especially as we prepare to launch additional products," said Michael Stebbins, president and CEO of Trutankless. "We now have a complete team with the vertically integrated capabilities of Cypress Industries in North America."
"We are confident that the unique products offered by Trutankless are the future and we're excited to be a part of the plans for growth," added Tom Lonsdale, CEO of Cypress Industries. "Our teams spent much of 2020 getting aligned and improving product design for high volume manufacturing."
Trutankless had a sales backlog at the end of 2020 and the trend is continuing into the first quarter 2021 based on the record orders received. Accordingly, the company's team has been working with its partners in the wholesale plumbing channel to ensure the best outcome by actively forecasting, sharing information, and helping to meet demand where needed while cultivating additional markets.