Honda is proud to maintain our commitment to the development and introduction of advanced environmentally responsible technologies such as the MCHP system.
Currently, a similar version of an MCHP system is retailed in Japan, with over 45,000 units sold to date since its introduction in 2003.
The complete Climate Energy Micro--CHP system, powered by the Honda MCHP unit, results in more than 85% efficiency in converting fuel energy into useful heat and electric power, Honda said.
A complete system will include a high efficiency warm--air furnace, the Honda MCHP unit, the cogen heat module, and the system controller.
Under the terms of the transaction, Span-America acquired, through a wholly-owned subsidiary, substantially all of the assets of MCHP for CDN $8.
Span-America will operate MCHP under the registered business name M.
Span-Canada will offer continued employment to all current MCHP employees under substantially the same terms and conditions as they are currently employed, with the exception of the president and majority shareholder who is retiring.
Microchip also announced the MCHP Tube show today, a monthly YouTube-based video series.
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