[Birmingham, UK – January 2026] – Grayson Thermal Systems has announced a major milestone in its partnership with PAK-PCE Polski Autobus Wodorowy Sp. z o.o., the Polish company behind the NesoBus hydrogen city bus. PAK-PCE has now produced its 100th NesoBus, coinciding with the delivery of its 100th Grayson Battery Thermal Management System (BTMS).
The NesoBus – developed by PAK-PCE, a joint venture between ZE PAK and Polsat Plus Group – is one of Europe’s most advanced hydrogen-powered city buses. The 12-metre model emits only water vapour, actively purifies the air, refuels in around 15 minutes, and offers a range of up to 450 km. Designed by Polish engineers with international partners, NesoBus vehicles are already operating in cities including Chełm and Rybnik.
For its fleet, PAK-PCE selected the Grayson BTMS M2-600V DC to ensure precise thermal control of the vehicle’s battery system. In a fuel cell electric vehicle (FCEV), the battery works alongside the fuel cell stack to deliver smooth acceleration, energy recovery and efficient power distribution. Maintaining the correct battery temperature is critical for system efficiency, safety and long-term durability.
Grayson’s M2 BTMS provides active cooling and heating to maintain a stable thermal environment across all operating conditions, ensuring consistent performance throughout demanding city duty cycles.
PAK-PCE began working with Grayson in November 2020, with the first BTMS unit completed on 28 June 2021. Moving from prototype development to full production in just a few years marks a significant achievement for the Polish start-up.
“Reaching 100 NesoBus vehicles is an impressive milestone and testament to the progress PAK-PCE has made in bringing hydrogen mobility to the streets of Poland,” said Matthew Hateley, Head of European Sales and Marketing at Grayson. “We are proud to support them with the thermal management technology essential for dependable, zero-emission operation.”
As European cities increasingly explore hydrogen to decarbonise public transport, the NesoBus provides a proven, scalable platform. Grayson’s BTMS portfolio is designed to meet the demanding thermal requirements of hydrogen, battery-electric and hybrid applications, supporting OEMs and integrators as they transition to cleaner, more efficient vehicles.
Headquartered in Birmingham, UK, Grayson Thermal Systems is a pioneer in the design, testing, manufacturing, and servicing of innovative heating and cooling systems for OEMs in the bus and coach, commercial vehicle, rail, off-highway, defence, and stationary power sectors. Founded in 1978, Grayson operates across three continents with manufacturing facilities in the UK and USA, developing advanced heat pump and battery cooling systems for next-generation zero-emission applications.
For more information / imagery
For hi-res imagery or for additional comment, contact Calvin Barnett, Group Marketing Manager, at cbarnett@graysonts.com or call +44 7810 795439
[Birmingham, UK – April 2026] – Grayson Thermal Systems’ Aftermarket division has passed a significant landmark, now delivering servicing and maintenance support for more than 1,000 battery electric and fuel cell electric buses in operation across the UK.
Calling upon almost five decades of expertise in the design, manufacture and servicing of HVAC and thermal management systems, Grayson has long supported bus operators in keeping their fleets running efficiently. Building on its established work with diesel and hybrid vehicles, the business has increasingly extended its aftermarket capability to meet the demands of electric bus fleets.
The Aftermarket operation has evolved in parallel with the transition to zero-emission vehicles, investing in specialist tooling, technician training and EV-specific processes to support high-voltage thermal systems safely and effectively. The business now delivers planned maintenance, diagnostics and system optimisation for electric and hydrogen fleets operating across different duty cycles and climates.
According to Grayson’s latest data, the company now supports over 1,050 electric vehicles under service contract, all fitted with HVAC systems developed and manufactured by the Birmingham-based heating and cooling specialist.
In total, Grayson currently maintains approximately 4,500 buses and coaches nationwide under contract. EVs now account for around 23% of the overall HVAC servicing portfolio – a significant proportion that continues to rise as operators expand their zero-emission fleets.
Leanne Shenton-Smith, Head of Aftermarket for Grayson, commented: “We are proud that many major operators have entrusted us to service and maintain their electric vehicles, and reaching over 1,000 EVs under contract reflects both that trust and the pace of change across the UK bus sector. It is encouraging to see operators taking a proactive approach to maintaining the performance and longevity of their fleets through regular servicing of thermal management and HVAC systems.
“As is often the case, prevention is better than cure – particularly with electric vehicles, where these systems have a direct impact on efficiency, range and reliability. Unlike diesel vehicles, poorly maintained systems can reduce range and place strain on temperature-sensitive components such as batteries, while even minor issues like blocked filters can increase energy consumption and lead to avoidable downtime.
“At the same time, these systems are critical to maintaining a comfortable environment for drivers and passengers in all climates. As fleets continue to evolve, operators’ commitment to zero-emission transport is clear, and this milestone highlights the important role UK engineering plays in supporting that transition. By working closely with operators, we help minimise preventable issues, reduce downtime and maximise total cost of ownership.”
Alongside its Aftermarket activities, Grayson designs and manufactures HVAC and thermal management systems for a wide range of UK bus platforms. Drawing on nearly 50 years of engineering experience, the company adopts a system-level approach, developing integrated solutions that respond to the operational demands of modern zero-emission fleets.
Consideration for servicing and maintenance is incorporated at the design stage, with system layouts and component access designed to support efficient in-field work. The company stresses this approach enables faster maintenance, helping operators reduce downtime and maintain consistent vehicle performance throughout the service life.
About Grayson
Headquartered in Birmingham, UK, Grayson Thermal Systems is a pioneer in the design, testing, manufacturing, and servicing of innovative heating and cooling systems for OEMs in the bus and coach, commercial vehicle, rail, off-highway, defence, and stationary power sectors. Founded in 1978, Grayson operates across three continents with manufacturing facilities in the UK and USA, developing advanced heat pump and battery cooling systems for next-generation zero-emission applications.
For more information / imagery
For hi-res imagery or for additional comment, contact Calvin Barnett, Group Marketing Manager, at cbarnett@graysonts.com or call +44 7810 795439
[Birmingham, UK – Mar 2026] – Grayson Thermal Systems will present its latest developments in integrated thermal management at iVT Expo Europe 2026, taking place on 10–11 June in Cologne, Germany.
Exhibiting at stand 1160, the company will demonstrate how a systems-led approach to thermal management can support the increasing performance, efficiency and packaging demands of electrified and hybrid off-highway machinery.
As electrification accelerates across construction, mining, agriculture and material handling equipment, thermal management is becoming a critical engineering challenge. Beyond propulsion, multiple thermal loads, including battery conditioning, power electronics cooling and cabin HVAC, must be managed simultaneously to ensure maximum performance and efficiency is achieved.
Recent studies highlight that heating and cooling systems can consume a significant proportion of available energy in electrified machines , directly impacting performance and operating range, particularly in demanding environments.
At the centre of Grayson’s display will be the CM-series Complete Thermal Management System (CTMS). Designed as a chassis-mounted solution for heavy-duty electric and fuel cell applications, the 800V DC system integrates battery thermal management, power electronics cooling and cabin HVAC within a single smart module.
By consolidating these functions, the CM-series uses reversible heat pump and heat recovery technology to manage thermal loads more efficiently, while reducing system complexity, installation effort and service requirements.
Alongside the CM-series, Grayson will exhibit its PE-series traction motor and power electronics cooling module (featuring 800V DC high-voltage fans), and its DM-series HVAC systems for cabin climate control. Together, these systems demonstrate how individual thermal subsystems can be designed to operate as part of a coordinated thermal architecture rather than in isolation.
“Thermal management is increasingly defining the efficiency and reliability of electrified machines,” said Matthew Hateley, Head of European Sales and Marketing at Grayson.
“We’re seeing a shift away from selecting individual components towards designing integrated systems that balance thermal loads across the vehicle. That’s where a system-level approach can deliver measurable gains in performance, efficiency and serviceability. Early engagement from OEMs with system providers is crucial to creating a successful thermal management strategy to suit electrified machine and vehicle architecture”
In addition to system-level solutions, Grayson will also showcase a range of supporting thermal components, including high-voltage PTC electric water heaters delivering up to 10 kW of heating power at 800V DC, and electric water pumps from its CP-series and MD-series, supporting high-flow and high-voltage requirements.
Visit Grayson at iVT Expo Europe 2026 at Hall 1 – Stand 1160 on 10-11 June 2026 at Köln Messe, Germany.
About Grayson
Headquartered in Birmingham, UK, Grayson Thermal Systems is a pioneer in the design, testing, manufacturing, and servicing of innovative heating and cooling systems for OEMs in the bus and coach, commercial vehicle, rail, off-highway, defence, and stationary power sectors. Founded in 1978, Grayson operates across three continents with manufacturing facilities in the UK and USA, developing advanced heat pump and refrigerant systems for next-generation zero-emission applications.
For more information / imagery
For hi-res imagery or for additional comment, contact Calvin Barnett, Group Marketing Manager, at cbarnett@graysonts.com or call +44 7810 795439
Image caption
Caption: Grayson’s selection of high-voltage thermal systems and components will be exhibited at this year’s iVT Expo Europe
[Birmingham, UK – Feb 2026] – Grayson Thermal Systems has reached a major production milestone on one of its longest-running programmes with Dennis Eagle, delivering the 10,000th engine cooling pack for the manufacturer’s Elite Euro 6-compliant refuse collection vehicle (RCV) platforms.
The milestone highlights a partnership spanning more than 20 years, during which Grayson has consistently supported Dennis Eagle across multiple vehicle platforms. The Birmingham heating and cooling specialist began supplying its coolers for the Elite 2 Euro 5 in 2005, continuing through to the Euro 6-compliant Elite 6, launched in 2014, and its Elite+, launched in 2022.
Developed to meet stringent Euro 6 emissions standards and enhance driver safety through a low-entry, direct-vision cab, the Elite 6 and Elite+ platforms are powered by the Volvo Penta MDE8 280HP and 320HP diesel engines. Grayson was re-selected in 2012 to design and manufacture a bespoke, compact under-cab cooling module capable of maintaining thermal stability under the demanding stop–start conditions typical of urban waste collection operations.
Building on its proven experience from the Elite 2 project, Grayson engineered the new system to deliver reliable thermal performance within challenging packaging and airflow constraints. Since entering production, the Grayson-designed cooler has demonstrated exceptional reliability and durability, supporting municipal and commercial fleets worldwide.
Commenting on the milestone, Stuart Hateley, Managing Director at Grayson, said: “Reaching 10,000 units supplied to Dennis Eagle is a proud moment for everyone at Grayson. It reflects not just the success of a single product, but the strength of a partnership built on trust, consistency and shared standards of quality.
“Dennis Eagle is recognised as one of the most respected names in the refuse vehicle sector, and we’re proud to have supported them over the past 20 years as a dependable and responsive supplier. For us, reliability goes beyond product performance: it’s about being there for our customers, adapting to their evolving needs, and continually earning their confidence through engineering excellence.”
Chris Benton, Head of Purchasing and Supply Chain at Dennis Eagle, said: “Grayson has consistently delivered high-quality cooling solutions that meet the rigorous demands of our refuse collection vehicles, helping to ensure our customers’ fleets operate efficiently and safely. Grayson’s thermal management expertise and its team’s commitment to outstanding engineering, quality and reliability have made it a valued supplier. Achieving the 10,000-unit milestone and sustaining a partnership for over two decades underscores the strength and excellence of this collaboration.”
The milestone underlines Grayson’s ongoing role as a trusted international supplier of engineered cooling systems to OEMs. The company continues to collaborate with Dennis Eagle on future vehicle platforms while supporting other leading manufacturers across the commercial, special and off-highway vehicle sectors.
Over its two-decade partnership with Dennis Eagle, Grayson has also supplied systems for vehicles operating as far afield as Australia and New Zealand, demonstrating the company’s ability to deliver dependable thermal management solutions on a global scale.
About Grayson
Headquartered in Birmingham, UK, Grayson Thermal Systems is a pioneer in the design, testing, manufacturing, and servicing of innovative heating and cooling systems for OEMs in the bus and coach, commercial vehicle, rail, off-highway, defence, and stationary power sectors. Founded in 1978, Grayson operates across three continents with manufacturing facilities in the UK and USA, developing advanced heat pump and battery cooling systems for next-generation zero-emission applications.
For more information / imagery
For hi-res imagery or for additional comment, contact Calvin Barnett, Group Marketing Manager, at cbarnett@graysonts.com or call +44 7810 795439
About Dennis Eagle
Dennis Eagle is part of the Royal Terberg Group and is a world leader in the design and manufacture of refuse collection vehicles. The company is based in Warwick in the UK and employs more than 1,000 people. It has UK production facilities at Warwick and at Blackpool. The company, along with its trading division Terberg Matec UK, provides complete vehicle solutions by producing bodies, chassis, and bin lifts to suit every application. It provides more than 1,200 vehicles to local authorities and private sector contractors in the UK every year and continues to expand its customer base overseas with operations in continental Europe, Scandinavia, and Australia.
Media contacts
Nick Bailey and Mel Wicks
Elan PR Ltd
E: dennis-eagle@elan-pr.com
M: +44 (0) 7813 956664 / +44 (0)7835 590481
[Birmingham, UK – Sep 2025] – Grayson Thermal Systems will showcase its latest innovations in high-voltage, integrated thermal management for electrified buses at Busworld Europe 2025 (4–9 October, Brussels Expo, Hall 5, Stand 532).
The British heating and cooling specialist will launch its new Complete Thermal Management Systems (CTMS) range – a major step forward in multi-loop, refrigerant-based solutions designed to manage the combined demands of passenger and driver HVAC, batteries, and power electronics in next-generation buses.
The range includes the rooftop-mounted RM-series and compact chassis-mounted CM-series, both engineered to optimise efficiency and performance while reducing system complexity for OEMs.
The centrepiece of Grayson’s Busworld display will be the CTMS RM-series, a rooftop-mounted, high-voltage system designed for next-generation electric city buses and coaches. The flagship RM2-800V delivers up to 33kW of air conditioning at 40°C ambient, with reversible heat pump technology, waste-heat recovery, active and passive battery cooling, and optional battery heating. Compatible with global markets (LHD and RHD) and operating up to 900V DC, the RM-series offers OEMs a single, scalable platform to handle all vehicle thermal demands for drivers, passengers and powertrain
“The RM-series represents a leap forward in bus thermal management,” said Matthew Hateley, Head of Sales and Marketing at Grayson Thermal Systems. “For OEMs, it means a single, scalable solution that integrates HVAC, battery, and powertrain cooling into one intelligent platform. With our integrated automatic temperature control platform, this not only improves efficiency and vehicle performance but simplifies design and reduces the need for multiple thermal variations across fleets.”
Hateley continued: “What excites us is the impact this has for the next generation of electric buses. With demand for higher DC voltage systems and growing demands for efficiency, comfort, and range, OEMs need solutions that do more with less. The RM-series, which offers up to 40kW at 40°C of cooling capacity in the range, embodies that vision – advanced, reliable, and engineered to deliver optimal performance in real-world conditions.”
We deliver proven heating and cooling solutions for both new and retrofit applications across bus, coach, rail, off-highway, and specialist sectors.
Alongside the RM-series, Grayson will also display the first model from its compact CTMS CM-series. The CM1-800V is a chassis-mounted, fully integrated system delivering battery, power electronics, and driver cabin thermal management. Offering up to 10kW of cooling at 40°C ambient in a space-efficient package, it is designed for applications where compactness and flexibility are critical.
Both series are powered by Grayson’s Intelligent Thermal Controller and proprietary CAN J1939-based software, providing OEMs with automatic temperature control, set-point adaptability, diagnostics support and simplified integration.
In addition to its CTMS range, Grayson will unveil several new high-voltage components, including two models (EW3 and EW4) for its new PTC electric water heaters. The auxiliary heaters deliver variable, self-regulating, CAN-controlled heating modules for 800V circuits, engineered for larger buses and colder climates. The company is also demonstrating its PE1-800V cooler, a new one-fan cooling module for power electronics and traction motors incorporating tube-and-fin technology and high voltage 800V DC fan as standard, with variable fan speed control through Grayson’s CAN-enabled controller.
“Busworld is about looking ahead to what’s next for the industry,” added Hateley.
“Grayson is ready to support OEMs in Europe and across the globe with total thermal management solutions, from fully integrated CTMS platforms to standalone components that can be combined for maximum flexibility. We look forward to showing visitors how our technology can help them achieve efficiency, reliability, and performance in their next projects.”
Throughout Busworld, Grayson will also display selected products from its established portfolio, including electric water pumps, HMI control panels, and advanced temperature and CO2 monitoring sensors, reinforcing its position as a global partner for OEMs seeking both complete systems and critical components.
Visit Grayson at Busworld Europe 2025 at Hall 5 – Stand 532 from 4–9 October 2025 at Busworld, Brussels Expo, Belgiëplein 1, 1020 Brussels, Belgium.
- To learn more about Grayson at Busworld, visit https://www.graysonts.com/grayson-bringing-smarter-thermal-management-to-busworld-this-october/
- To book a meeting with Grayson’s team at Busworld, visit this link.
About Grayson
Headquartered in Birmingham, UK, Grayson Thermal Systems is a pioneer in the design, testing, manufacturing, and servicing of innovative heating and cooling systems for OEMs in the bus and coach, commercial vehicle, rail, off-highway, defence, and stationary power sectors. Founded in 1978, Grayson operates across three continents with manufacturing facilities in the UK and USA, developing advanced heat pump and refrigerant systems for next-generation zero-emission applications.
For more information / imagery
For hi-res imagery or for additional comment, contact Calvin Barnett, Group Marketing Manager, at cbarnett@graysonts.com or call +44 7810 795439
[Birmingham, UK – April 2025] – Grayson Thermal Systems has announced the release of its latest range of high-performance PTC Electric Water Heaters – the EW3, EW4, and EW5 – expanding its auxiliary heating solutions for the heavy vehicle and stationary power sectors.
Designed to meet the rising demand for reliable and low ambient heating in high-voltage battery-electric and hydrogen fuel cell applications, these heaters provide a safe and reliable solution for OEMs seeking intelligent thermal management that’s future-ready.
The new product line offers performance outputs ranging from 5kW to 16kW, covering a broad spectrum of heating needs:
- EW3: 7kW at 800V DC: An ideal match for higher voltage electric architectures.
- EW4: 10kW at 800V DC: Developed for high-demand heating tasks in large platforms or cold-climate applications.
- EW5: 5kW at 350V DC: Ideal for mid-sized powertrain circuits or cabin heating in lower voltage electric systems.
All models utilise Positive Temperature Coefficient (PTC) technology, ensuring self-regulating thermal output for improved safety and energy efficiency. With CAN-controlled logic, real-time fault detection, and integrated over-temperature protection, each unit is engineered for seamless plug-and-play integration into complex vehicle and equipment systems.
The new heaters are particularly suited for bus and coach, commercial, off-highway, defence and special vehicles, as well as stationary power storage and generation applications.
“Our new electric water heaters are more than just heating elements – they’re high-voltage-ready, fully protected thermal modules built to support the electrification shift to higher voltages that are being seen across our sectors,” said Matthew Hateley, Head of European Sales and Marketing at Grayson.
“By offering modular solutions that span multiple voltage levels and variable heat outputs, we’re giving OEMs the flexibility and confidence to integrate smarter, more efficient auxiliary heating.”
Backed by over 47 years of engineering expertise and trusted by OEMs around the world, Grayson’s latest heating innovation helps ensure that next-generation electric and hydrogen vehicles remain efficient, comfortable, and ready for any climate.
About Grayson
Headquartered in Birmingham, UK, Grayson Thermal Systems is a pioneer in the design, testing, manufacturing, and servicing of innovative heating and cooling systems for OEMs in the bus and coach, commercial vehicle, rail, off-highway, defence, and stationary power sectors. Founded in 1978, Grayson operates across three continents with manufacturing facilities in the UK and USA, developing advanced heat pump and refrigerant systems for next-generation zero-emission applications.
For more information / imagery
For hi-res imagery or for additional comment, contact Calvin Barnett, Group Marketing Manager, at cbarnett@graysonts.com or call +44 7810 795439
[Image caption: From left – Grayson’s new EW5-350V DC and EW4-800V DC]
[BIRMINGHAM, UK – 27 January 2025] Grayson Thermal Systems (Grayson) is deeply saddened to announce the passing of its Founder and Chairman, Graham Hateley, who passed away peacefully on Saturday, January 25, 2025, at the age of 89.
Graham’s immense contributions to the bus and coach industry and his tireless dedication to advancing thermal management innovation have left a lasting legacy that will inspire generations to come. His vision transformed Grayson Thermal Systems from humble beginnings into a global player in the thermal management sector.
Graham began his career in the heat exchange industry in 1955, laying the groundwork for his future as a pioneer in thermal management. In 1978, Graham and his wife, Joyce Hateley, founded Grayson Thermal Systems as a radiator repair business, operating from a 1,000 sq. ft. workshop in Birmingham.
Under Graham’s leadership during his 31 years as Managing Director, the company expanded beyond radiator repair. In 1994, the company became an OEM manufacturer of combustion coolers and HVAC systems for diesel-powered buses and coaches. In 2005, recognising the industry’s transition to alternative power sources, Graham spearheaded the development of heating and cooling systems for hybrid vehicles. In 2009, he stepped down as Managing Director to become Chairman, continuing to play an active role as a director.
Over the decades, Graham’s entrepreneurial spirit, resilience, and commitment to innovation transformed the company into a global leader in thermal management, employing over 360 people across four divisions and two continents. Today, Grayson is at the forefront of zero-emission applications, supplying advanced Battery Thermal Management Systems (BTMS) and heat pumps for battery electric (BEV) and fuel-cell electric vehicles (FCEV).
Beyond his business achievements, Graham was deeply committed to fostering a culture of respect and family values. Today, Grayson Thermal Systems remains a proud family-run business, led by his three sons—Stuart Hateley, Managing Director; Ian Hateley, Service Director; and James Hateley, Supply Chain Director. Together, they honour Graham’s legacy by upholding the principles he cherished.
In a joint statement, the company said:
“Graham was a larger-than-life character who touched everyone he met, and he will be hugely missed by the whole Grayson family. Those who knew him in the industry will feel the same loss.
“As the Founder of Grayson, he built the foundations of who we are today. Most importantly, he instilled respect and strong values, which continue to guide our work. Graham’s values will live on, and the foundations he built will continue to underpin the business, both now and in the future.
“As an industry leader, Graham’s legacy is one of resilience, drive, and a commitment to his family and his people. His contributions to thermal management have shaped the sector’s future, ensuring efficient and sustainable solutions for decades to come.”
Grayson remains steadfast in its commitment to championing Graham’s vision, upholding the values that have guided the company since its inception.
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About Grayson Thermal Systems
Headquartered in Birmingham, UK, Grayson Thermal Systems (Grayson) is a pioneer in the design, testing, manufacturing, and servicing of innovative thermal management solutions for OEMs in the bus and coach, commercial vehicle, rail, off-highway, defence, and stationary power sectors. Founded in 1978 by Graham and Joyce Hateley, Grayson operates across two continents with manufacturing facilities in the UK and USA, developing advanced heat pump and battery cooling systems for next-generation zero-emission applications.
For imagery or additional comments, please contact: Calvin Barnett, Group Marketing Manager at cbarnett@graysonts.com or +44 7810 795439
[Birmingham, UK] – Global thermal management specialist Grayson Thermal Systems has announced the appointment of Brendan Waldron as its new Engineering Director. Waldron brings over 20 years of engineering experience to Grayson following a successful career at Rolls-Royce.
Waldron’s career at Rolls-Royce began in 2000, when he joined as an advanced engineering apprentice. He steadily rose through the ranks to become Chief of Turbines Component Design in the Civil Aerospace division by 2019. Most recently, he served as Head of Rolls-Royce Electrical UK, leading efforts in Advanced Air Mobility (AAM) and the development of hybrid-electric gas turbines in the defence sector.
During his tenure, Waldron spearheaded several high-profile projects, including the engineering improvement program for Rolls-Royce’s Trent 1000 and 7000 fleets. His contributions were widely recognised, culminating in a number of accolades, including the prestigious Sir Henry Royce Award for Technical Innovation.
Commenting on his appointment, Waldron said: “I’m thrilled to join Grayson Thermal Systems at a time when electrification and innovation are critical to shaping the future of thermal management. Grayson’s agility and dedication to solving complex thermal challenges resonate with my passion for driving forward new technologies and leading cross-functional teams to deliver breakthrough solutions.”
In his new role, Waldron will oversee the enhancement of Grayson’s engineering capabilities, with a focus on standardisation, innovation, process optimisation, and talent development.
Stuart Hateley, Managing Director of Grayson, commented: “We are delighted to welcome Brendan to the Grayson team. His leadership and deep expertise in engineering will undoubtedly strengthen our position as innovators in thermal management. His experience in delivering excellence will play a pivotal role as we continue to expand globally and push the boundaries of innovation.”
Waldron’s appointment comes as Grayson Thermal Systems embarks on its next phase of growth, following a recent eight-figure investment to support global expansion in the heavy vehicles and stationary power sectors.
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About Grayson
Headquartered in Birmingham, UK, Grayson Thermal Systems is a pioneer in the design, testing, manufacturing, and servicing of innovative heating and cooling systems for OEMs in the bus and coach, commercial vehicle, rail, off-highway, defence, and stationary power sectors. Founded in 1978, Grayson operates across three continents with manufacturing facilities in the UK and USA, developing advanced heat pump and battery cooling systems for next-generation zero-emission applications.
For more information / imagery
For a hi-res image or for additional comment, contact Calvin Barnett, Group Marketing Manager, at marketing@graysonts.com or call +44 7810 795439
[Birmingham, Jan 2024] A family-owned Tyseley business which designs, manufactures and supplies cooling, heating and air conditioning products to the transport industry is set for growth with support from HSBC UK.
Grayson Thermal Systems (GTS) will use an eight-figure funding package from HSBC UK to develop three new production lines at its Tyseley factory, including two heat pump lines and a battery thermal management system line. The funding will also be used to modernise its fabrication facility to boost efficiency and increase output.
In line with the Government’s ban on selling new diesel and petrol vehicles by 2035, GTS has spent the past 10 years investing in the development of its product range for electric vehicles (EVs). Since 2020, the Midlands firm has seen a 75 per cent increase in sales in Europe and an 80 per cent increase in North America for its EV product range.
The new funding will allow GTS to increase its production capacity to continue to meet the growing demand, with 76 per cent of the company’s total European revenue now linked to EVs.
The new production lines will lead to a significant increase in staff headcount, with 74 new staff already appointed by the end of 2023. Additionally, GTS’s current staff will undergo training to upskill them so they can use the cutting-edge equipment.
In addition, HSBC US is also providing a seven-figure funding package to support the development of the company’s facility in Indiana through its US business, Grayson Thermal Systems Corp. This business is expected to double its turnover next year to $11M.
Stuart Hateley, Managing Director at Grayson Thermal Systems, said: “Demand for our EV products is continuing to increase significantly, so investing in building up our production capacity has been vital. We supply customers across Europe as well as the US so it was important for us to partner with a global bank with both local and international expertise that could offer us the working capital we need to grow and meet demand.”
Andy Oates, Head of Corporate West Midlands at HSBC UK, added: “Grayson Thermal Systems is an important employer in the West Midlands, and we are pleased to see its headcount grow even further as a result of the new production lines. We look forward to supporting the business, both domestically and internationally, and seeing its US counterpart demonstrate similar success.”
GTS is a market leader in thermal management systems for zero-emission applications including buses, coaches, trains, commercial vehicles, specialist vehicles and stationary energy storage systems (ESS). Starting as a repair shop in 1978, GTS transitioned into a supplier of engine cooling systems in 1997. In 2016, the business diversified its offering to include products for electric vehicles in response to the drive for electrification.
Throughout the transaction process, HSBC UK was advised by Gowling WLG and Avison Young, while GTS was advised by Wright Hassall.
Notes to editors:
Media enquiries to:
Calvin Barnett, Group Marketing Manager / marketing@graysonts.com
[Birmingham, UK. Sep 2023] Grayson Thermal Systems (GTS), a leading name in thermal management solutions for the zero-emission vehicle space, is set to unveil its latest heating and cooling advancements at two prestigious international trade shows: Europe’s Busworld and North America’s APTA Expo.
From October 7th to 12th, 2023, GTS will proudly exhibit at Busworld in Brussels, Belgium (stand 638, hall 6) and highlight its pioneering thermal management solutions for the next generation of zero-emission buses. This marks the return of Europe’s largest trade show dedicated to the bus and coach sector after a four-year hiatus.
From October 9th to 11th, 2023, GTS Corp, the North American division of the Group, will return to the APTA Expo, taking place in Orlando, Florida (stand 3767). Targeted at the North American public transportation sector, the event will see audiences become acquainted with GTS’s vast array of climate control systems and components.
The events follow the company’s recent accomplishment of developing a complete Vehicle Thermal Management System (VTMS) for the world’s most energy-efficient electric double-deck bus. GTS will now use the exhibitions to showcase its popular third-generation Battery Thermal Management System (BTMS) range, catering to OEMs of battery electric and hydrogen fuel cell vehicles. These cutting-edge battery chillers, configurable to suit the ambient, are also available as a hot water heat pump. The small but mighty package leverages GTS’s efficient refrigeration technology to maintain optimal performance.
Visitors to both trade shows will also have the exclusive opportunity to get hands-on with GTS’s new Magdrive Electric Water Pump, featuring heavy-duty magnetic coupling technology for unmatched reliability and durability. This innovative addition to the Electric Water Pump category builds on the success of GTS’s Mechanical Seal unit.
Stuart Hateley, Managing Director of Grayson Thermal Systems, commented: “We are thrilled to return to Busworld and APTA with a range of ground-breaking developments to share with the industry.
“Since the last Busworld in 2019, we have invested significantly in our New Product Development initiative, pushing the boundaries of heating and cooling for the next generation of zero-emission applications. Having sold over 4,400 of our BTMS, VTMS and Heat Pumps in the past three years, our systems can now be found delivering exceptional cabin, saloon and battery climate control across the globe.
“GTS is now well-positioned to build on this success with new advanced systems and a strong sales pipeline in both the North American and European markets. We look forward to meeting new and existing contacts across different continents, sharing our exciting product developments, and demonstrating how we can support OEMs with their upcoming projects.”
In addition to the BTMS and Electric Water Pump ranges, Busworld attendees can gain insights into GTS’s electric motor and power electronics cooling modules built for battery electric buses.
Meanwhile, APTA Expo visitors will have the opportunity to delve into the manufacturer’s range of HVAC solutions and high-quality components, including the GTS Electric Water Heater range, offering up to 35kW of instant heat for batteries, saloons, or cabins, popular in the extreme cold ambients seen in North America.
Throughout both events, GTS’s thermal management experts will meet with visitors and share their knowledge. To schedule a meeting with one of the GTS team members at the respective stands, attendees are invited to book an appointment via the following links:
- Click here to book an appointment at Busworld 2023
- Click here to book an appointment at APTA Expo 2023
For media inquiries and further information, please contact: Calvin Barnett, Group Marketing Manager at Grayson Thermal Systems, at marketing@graysonts.com
About Grayson Thermal Systems
Headquartered in Birmingham, UK, Grayson Thermal Systems designs, tests, manufactures, supplies and services innovative heating and cooling systems for OEMs in the bus and coach, commercial vehicle, rail, off-highway, defence and stationary battery energy storage system sectors.
The Grayson Thermal System Group has a global footprint spanning three continents, including extensive manufacturing facilities in the UK and USA; engineering, research, test and development operations; and a dedicated Aftermarket division.