G12 Coolant Vw Coolant Upgrade: A $2.5 Billion Solution to Coolant Problems
G12 has announced a $2,500,000 “g12” coolant upgrade to its coolant system, which will reduce the pressure in the refrigerant tank and make it more efficient.
G12 says the upgrades are “essential to ensuring that we have the best possible coolant performance in our refrigerators,” adding that the upgrades will allow G12 to save $2 billion over the next 15 years.
The system will have “a greater ability to meet demand in our customers’ homes and restaurants,” the company said in a statement.
It will also allow G13 refrigerators to be equipped with G12-equipped refrigerators, which are used in restaurants and other food establishments.
The upgrades will be available in both new and older models, according to the company.
G13 has been working on the upgrades since the summer of 2015, when the company started looking at alternatives to its older G12 refrigerators.
As the price of refrigerants have dropped and the cooling systems of other manufacturers have gotten smaller, the company’s current refrigerators are not up to the job, so it looked to the technology companies in the industry to come up with solutions.
The G12 coolants, which G12 says is made by Thermaltake and will be made by Suntour, are rated for temperature of 100 degrees Fahrenheit and pressure of 1,000 pounds per square inch, according the company in a news release.
G 12 has been a mainstay of the food and beverage industry for decades, but has been on the decline since 2015 when its price per unit dropped by half.
G 12’s share price has been steadily declining since 2015, falling below $1 in December of that year.
In 2017, the stock traded at around $4 per share.
Thermaltakes, which has more than 5,500 refrigerators in use worldwide, is one of the largest suppliers of G12.
Thermalite was acquired by Nestle in 2011 for $1.9 billion.