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HeatGenie™ and WANHO™ Ink Manufacturing Deal


News provided by

HeatGenie

May 13, 2015, 12:30 ET

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AUSTIN, Texas, May 13, 2015 /PRNewswire/ -- Austin-based developer of convenience packaging technology, HeatGenie, announced today that it has finalized its multi-year Manufacturing Agreement with WANHO Manufacturing, LLC in Waterbury, Connecticut.   

Photo - http://photos.prnewswire.com/prnh/20150513/215839

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HeatGenie and WANHO have signed an agreement for WANHO to become a licensed manufacturer of the HeatGenie heater units. Under the agreement WANHO will sell heater units directly to HeatGenie's commercial partners, such as leading packager Crown Holdings.

WANHO has already installed heater assembly stations in their Waterbury plant and are prepared to meet the anticipated customer requirements for 2015. As part of a staged scale-up plan, WANHO is also working with an engineering firm specializing in automation to translate the manual process to a high speed, low cost manufacturing operation.  Efficient automation is critical for a consumer product that is expected to reach annual volumes of hundreds of millions of units, a scale that is typical in packaged food and beverage. Initially all manufacturing will be in WANHO's Waterbury, CT facility, which could directly benefit economic development in the region.

"I believe this partnership is a good strategic fit for both WANHO and Heat Genie since we have extensive knowledge in commercializing products from initial concept to finished marketable consumables," said Dave Elliott, President WANHO.  "Our global foot print and vision to take necessary risks on new product development makes us unique in the industry as well as our vast production capabilities ranging from Metals, Plastics and rubber manufacturing.  We are very excited about the opportunity to be the exclusive manufacturer of this technology."

HeatGenie's CEO Brendan Coffey echoed the synergy, saying, "The WANHO team's proven capabilities combined with their drive to move this forward are a perfect fit for HeatGenie.  Dave Elliott's personal direct investment into HeatGenie truly demonstrates his own commitment to the success of commercializing this product."

About WANHO

Waterbury, Conn., USA based WANHO Manufacturing, LLC is a recognized leader in the manufacture of innovative products which support the continuous evolution of Next Generation Products.  For nearly thirty years, WANHO has cultivated exceptional engineering and has continuously grown with multiple locations in the USA as well as Taiwan, Singapore, China and Europe to support a broad selection of in-house manufacturing capabilities to manufacture virtually any type of component or finished goods for any application.

About HeatGenie

HeatGenie™ is a convenience packaging development company.  HeatGenie has pioneered a safe, patent-pending, self-heating technology that can easily integrate into multiple forms of consumer packaging to heat food and beverages "on the go."   HeatGenie is the first and only company to satisfy the non-negotiable criteria for a commercially viable self-heating:  safety, ease of use, cost effectiveness, light weight and sustainability.   For more information visit: www.heatgenie.com.

For more information, contact:

At HeatGenie: Rosemary Whaling, Vice President Business Development, Tel: (512) 501-3800 ext. 108, Email

At WANHO: Mr. David R. Elliott, President. Tel:  (203) 759-3744 ext. 201 or Email

SOURCE HeatGenie

Related Links

http://www.heatgenie.com

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