Gentherm Incorporated

Last updated
Gentherm Incorporated
FormerlyAmerigon
Company typeIncorporated
Nasdaq:  THRM
S&P 600 component
IndustryAutomotive
Founded
  • 1991;33 years ago (1991) in California (as Amerigon)
  • 2012;12 years ago (2012) (as Gentherm, Inc.)
Headquarters,
U.S.
Number of locations
20 (2017)
Area served
Worldwide
Products
  • Climate control seat
  • Medical devices
  • Electronics
Revenue
  • Increase2.svg USD $985.683 million (2017)
  • $917.600 million (2016)
Number of employees
11,000 [1]
Subsidiaries
  • Etratech
  • Cincinnati Sub-Zero
  • Gentherm Global Power Technologies
Website www.gentherm.com
Footnotes /references
[2] [3]

Gentherm Incorporated, formerly Amerigon, is an American thermal management technologies company. Gentherm created the first thermoelectrically heated and cooled seat system for the automotive industry. Called the "Climate Control Seat" system, it was first adopted by the Ford Motor Company and introduced as an option on the model year 2000 Lincoln Navigator in 1999. Today it is available on more than 50 vehicles sold by Ford, [4] General Motors, [5] Toyota [4] (Lexus), Kia, [6] Hyundai, [4] Nissan [4] (Infiniti), Range Rover and Jaguar Land Rover.

Contents

Currently, the company is a developer and marketer of thermal management technologies for heating and cooling and temperature control devices for a variety of industries. [7]

Gentherm is publicly traded on Nasdaq under the symbol THRM and is headquartered in Northville, MI. [8] Gentherm's thermoelectric technologies are based on the Peltier Effect, the 1834 discovery that passing an electric current through a sandwich of two dissimilar metals will make them hot on one side and cold (the lack of heat) on the other. [9]

History

Since 2005, Gentherm has been partnering with BMW [10] and Ford [10] on a project that is backed by the U.S. Department of Energy [10] [11] [12] focused on the development of an automotive thermoelectric generator (ATEG) that converts waste exhaust heat into electrical power based on the Seebeck Effect. [13] A prototype of the ATEG was named one of the most promising innovations for 2012 by Car and Driver magazine. [14]

In December 2014, the company announced that it will open a new automotive plant in Prilep, North Macedonia, and that will employ 1,000 people. This is Gentherm's first facility in Macedonia. [15]

Gentherm has 20+ locations in the following countries: Canada, China, Germany, Hungary, Japan, Malta, Mexico, North Macedonia, South Korea, Ukraine, United Kingdom, United States, and Vietnam.

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A nuclear electric rocket is a type of spacecraft propulsion system where thermal energy from a nuclear reactor is converted to electrical energy, which is used to drive an ion thruster or other electrical spacecraft propulsion technology. The nuclear electric rocket terminology is slightly inconsistent, as technically the "rocket" part of the propulsion system is non-nuclear and could also be driven by solar panels. This is in contrast with a nuclear thermal rocket, which directly uses reactor heat to add energy to a working fluid, which is then expelled out of a rocket nozzle.

<span class="mw-page-title-main">Gas turbine</span> Type of internal and continuous combustion engine

A gas turbine, gas turbine engine, or also known by its old name internal combustion turbine, is a type of continuous flow internal combustion engine. The main parts common to all gas turbine engines form the power-producing part and are, in the direction of flow:

<span class="mw-page-title-main">Compressed-air car</span> Vehicle that uses a motor powered by stored compressed air.

A compressed-air car is a compressed-air vehicle powered by pressure vessels filled with compressed air. It is propelled by the release and expansion of the air within a motor adapted to compressed air. The car might be powered solely by air, or combined with other fuels such as gasoline, diesel, or an electric plant with regenerative braking.

<span class="mw-page-title-main">Thermoelectric cooling</span> Electrically powered heat-transfer

Thermoelectric cooling uses the Peltier effect to create a heat flux at the junction of two different types of materials. A Peltier cooler, heater, or thermoelectric heat pump is a solid-state active heat pump which transfers heat from one side of the device to the other, with consumption of electrical energy, depending on the direction of the current. Such an instrument is also called a Peltier device, Peltier heat pump, solid state refrigerator, or thermoelectric cooler (TEC) and occasionally a thermoelectric battery. It can be used either for heating or for cooling, although in practice the main application is cooling. It can also be used as a temperature controller that either heats or cools.

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<span class="mw-page-title-main">Compressed-air vehicle</span> Car that uses pneumatic motors

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An automotive thermoelectric generator (ATEG) is a device that converts some of the waste heat of an internal combustion engine (IC) into electricity using the Seebeck Effect. A typical ATEG consists of four main elements: A hot-side heat exchanger, a cold-side heat exchanger, thermoelectric materials, and a compression assembly system. ATEGs can convert waste heat from an engine's coolant or exhaust into electricity. By reclaiming this otherwise lost energy, ATEGs decrease fuel consumed by the electric generator load on the engine. However, the cost of the unit and the extra fuel consumed due to its weight must be also considered.

<span class="mw-page-title-main">Waste heat recovery unit</span> Energy recovery heat exchanger

A waste heat recovery unit (WHRU) is an energy recovery heat exchanger that transfers heat from process outputs at high temperature to another part of the process for some purpose, usually increased efficiency. The WHRU is a tool involved in cogeneration. Waste heat may be extracted from sources such as hot flue gases from a diesel generator, steam from cooling towers, or even waste water from cooling processes such as in steel cooling.

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<span class="mw-page-title-main">Alphabet Energy</span>

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<span class="mw-page-title-main">Exhaust heat recovery system</span> Automotive technology

An exhaust heat recovery system turns waste heat energy in exhaust gases into electric energy for batteries or mechanical energy reintroduced on the crankshaft. The technology is of increasing interest as car and heavy-duty vehicle manufacturers continue to increase efficiency, saving fuel and reducing emissions.

<span class="mw-page-title-main">Internal combustion engine</span> Engine in which the combustion of a fuel occurs with an oxidizer in a combustion chamber

An internal combustion engine is a heat engine in which the combustion of a fuel occurs with an oxidizer in a combustion chamber that is an integral part of the working fluid flow circuit. In an internal combustion engine, the expansion of the high-temperature and high-pressure gases produced by combustion applies direct force to some component of the engine. The force is typically applied to pistons, turbine blades, a rotor, or a nozzle. This force moves the component over a distance. This process transforms chemical energy into kinetic energy which is used to propel, move or power whatever the engine is attached to.

References

  1. "GENTHERM INCORPORATED : Shareholders Board Members Managers and Company Profile | US37253A1034 | MarketScreener".
  2. "Annual Reports". Gentherm. 2017-12-20. Retrieved 2018-04-19.
  3. "Gentherm Incorporated (Formerly Amerigon) - MarkLines Automotive Industry Portal". www.marklines.com. Retrieved 2018-04-19.
  4. 1 2 3 4 Oberweis, Jim. “Four Small Stock Innovators Finding Riches in Niches”, Forbes.com , 4 April 2012.
  5. St. Antoine, Arthur. "Backdraft. Troubled by gas? Try cooling your fanny", Motor Trend , Page 28, September 2006. www.motortrend.com.
  6. “Heated and ventilated seat system for the 2011 Kia Sportage”, "Auto-Power-Girl Blog", 13 May 2010.
  7. GS Analytics. “Will Gentherm Be Able To Leverage Benefit of W.E.T. Integration and Investments in New Electronic Business”, Seeking Alpha . 8 September 2013. Retrieved on September 26, 2013.
  8. Kosdrosky, Terry. "Amerigon’s Potential Raises Its Profile", The Wall Street Journal New York, 5 April 2006.
  9. O’Dell, John. “Want Cool Air? Take a Seat”, Los Angeles Times , Los Angeles, 18 July 2001. Highway 1, G1-2.
  10. 1 2 3 “Gentherm to adapt passenger-car thermoelectric generator to heavy vehicles“, SAE Vehicle Engineering Archived 2013-10-05 at the Wayback Machine , Warrendale, PA, 1 October 2012.
  11. Laird, Lorelei. “Could TEG improve your car's efficiency?” Archived 2011-07-19 at the Wayback Machine . DOE Energy Blog. August 16, 2010]
  12. “Researchers Try to Convert Car’s Exhaust Into Power”, Associated Press , 13 August 2008.
  13. Casey, Tina (1 September 2009). "Car of the Future Will Run on Its Own Waste Energy". cleantechnica.com . Retrieved May 16, 2020.
  14. “2012 10 Best: 10 Most Promising Future Technologies: Thermal Juice”, Car & Driver , December 2011.
  15. "Gentherm To Expand Production Capacity In Europe with New Manufacturing Facility In Macedonia" (Press release). Gentherm Inc. December 16, 2014.