SAN JOSE, Calif. & PHILADELPHIA--(BUSINESS WIRE)--Mar 28, 2020--
Bloom Energy Corp. (NYSE: BE) and Almo Corporation today announced they are joining forces to refurbish unused, out-of-warranty ventilators and ship them to state agencies and hospitals throughout the country, particularly as an increasing number of patients experience critical respiratory issues as a result of COVID-19.
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As part of this process, Bloom is refurbishing the ventilators, while Almo is using its national logistics network to ship the ventilators to/from Bloom’s manufacturing facilities in California and Delaware for refurbishment and out to the state agencies and hospitals that need them the most.
The Society of Critical Care Medicine estimates that 960,000 coronavirus patients in the U.S. may need to be put on ventilators, but there are only about 200,000 such working machines available 1. According to Dr. Anthony Fauci, Director, National Institute of Allergy and Infectious Diseases, there are 12,700 ventilators in the national “stockpile.” And thousands more sit idle, having reached their end-of-service life.
Bloom is working with biomedical engineers at Stanford Health Care to test the functionality of its refurbished ventilators.
“This is our call to action,” said Bloom Energy founder, chairman, and CEO KR Sridhar. “We have to help. Manufacturing is in our DNA and we believe that it allows our country to stand strong, especially during a time of crisis and need. Like our customers and the communities we serve, we are strong and we are resilient.”
Just last week, California Governor Gavin Newsom reached out to Sridhar for support. By Friday, the State had given Bloom Energy 24 unused ventilators that had been idle. Overnight, Bloom engineers figured out how to fix them and completely refurbished all 24 by Saturday afternoon. With that turnaround time, the Company estimates it could refurbish up to one thousand a week.
“Bloom Energy is stepping up to meet this moment,” said California Governor Gavin Newsom. “This is a great story about Californians looking out for each other. Ventilators provide the most effective intervention for COVID-19 patients in critical care, and the units being refurbished here will save lives.”
“One plus one plus one is greater than three,” said Sridhar. “Community isn’t defined just by physical proximity; it’s coming together in a time of need to act in the interest of the greater good. That’s what this partnership represents, and we certainly welcome others to join.”
Almo, a national distributor of appliances, A/V equipment, furniture and housewares, has more than 2.5 million square feet of distribution space in eight warehouses across the country.
“Our focus has always been on family -- the health and safety of our local community and people of this nation is our priority now and we want to do what we can to help in this time of crisis,” said Warren Chaiken, president and CEO, Almo Corporation. “Our logistics processes are organized and efficient, which puts us in a great position to receive the refurbished ventilators from Bloom and quickly get them to state agencies and healthcare facilities so they can be immediately put to use.”
If you have or know of any organizations that have out-of-service ventilators, would like to partner with Bloom and Almo on this effort, or to learn more, please visit www.bloomenergy.com/ventilators, email firstname.lastname@example.org or reach us on our hotline - +1 (888) 544-2644
About Bloom Energy
Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. The company’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries. For more information, visit www.bloomenergy.com
About Almo Corporation
For more than seven decades, Almo Corporation has served as the largest independent distributor of appliances, consumer electronics, professional Audio/Video equipment, furniture and housewares in the United States. Meeting the needs of retailers across the country, Almo operates nine regional distribution facilities with over 2.5 million square feet of warehousing.
Almo focuses on four major business segments or divisions. The Major Appliance and Electronics dealer channel segment works with more than 2,000 independent dealers throughout the United States distributing household name-brand products in a variety of retail categories. The Premium Appliances division works with independent retailers of luxury appliances and outdoor lifestyle products including patio furniture and BBQ grills. The Professional A/V division provides value-added technology and professional audio visual products and services to professional integrators, dealers and consultants. The Fulfillment Division is a state-of-the-art e-Commerce Fulfillment business that serves some of the largest online retailers in the country with a wide range of products. For more information, go to www.almo.com or call 800-345-2566.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200328005015/en/
CONTACT: Bloom Energy
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(646) 266-6206Almo Corporation
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KEYWORD: CALIFORNIA PENNSYLVANIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: OTHER ENERGY UTILITIES MEDICAL SUPPLIES HEALTH ENERGY MEDICAL DEVICES ENGINEERING MANUFACTURING
SOURCE: Bloom Energy Corp.
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PUB: 03/28/2020 04:15 PM/DISC: 03/28/2020 04:15 PM