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Rinnai Corporation is a Japanese multinational company based in Nagoya, Japan, that manufactures gas appliances, including energy-efficient tankless water heaters, [4] home heating appliances, kitchen appliances, gas clothes dryers and commercial-use equipment such as rice cookers, grillers, fryers and salamanders.
Tankless water heaters provide many advantages: [8] Long term energy savings: Though a tankless water heater typically costs more initially, it usually costs less to operate because of lower energy use—since it only heats water when required instead of continuously maintaining a tank of heated water. Even homes or buildings with high demand ...
Edwin Ruud (9 June 1854 – 9 December 1932) was a Norwegian-American mechanical engineer and inventor who immigrated to the United States where he designed, sold, and popularized the tankless water heater. He was the founder and President of Ruud Manufacturing Company, now a division of Rheem Manufacturing Company. [6] [7] [8]
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In 1984, Rheem was acquired by Pace Industries, Inc. [10] The company discontinued containers in 1985, ending 60 years making steel drums and other containers. [10] In 1987, it was reported that MLX Corporation would acquire Rheem for a reported $825 million. [16]
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