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|Mac-Gray Corporation Celebrates 'Earth Day' with Increased Conservation Initiatives|
WALTHAM, Mass., April 22 /PRNewswire-FirstCall/ -- Mac-Gray Corporation (NYSE: TUC), the nation's premier provider of laundry facilities management services to multi-unit housing locations including apartment properties, condominiums, military housing and hotels, and the nation's largest provider of these services to college and university residence halls, today announced it has saved nearly 390 million gallons of water over the past 12 months through the installation of high-efficiency front-load washers. The Company looks to continue its program of decommissioning less-efficient top-load washers to achieve its previously established goal of saving 500 million gallons of water each year.
In recognition of a record number of ENERGY STAR(R) rated washer installations and for its long-standing commitment to promoting water and energy conservation, Mac-Gray was recently chosen from among all distributors of Maytag's commercial laundry equipment to receive the company's Energy Advantage Award. This is the second time in three years that Mac-Gray has been bestowed with this prestigious honor.
"We are extremely proud to have received this award because we focus heavily on the installation of environmentally responsible, energy-efficient equipment. This accomplishment is a testament to our sales organization as we often compete against service providers that minimize their equipment investment through the installation of less expensive top-load washers," said Neil MacLellan, EVP Sales at Mac-Gray.
To ensure the environmental benefits of high-efficiency washers are available to as many customers as possible, Mac-Gray is again offering rebates of up to $350 per unit on select front-load commercial washers in the near future. The program, available only for a limited time, is being offered through Mac-Gray's partnership with Whirlpool Corporation.
The rebates are available for qualified units placed in operation in apartments, condos, co-ops, laundromats or colleges and universities. For more information about the rebate program, please visit Mac-Gray's website at http://www.macgray.com or call the Company's Sales Department at 800-298-1022 ext. 2.
Mac-Gray is also looking forward to offering its customers the next generation of high-efficiency front-load washers beginning in July of this year. The improved washers will set a new industry standard for water and energy savings while continuing to provide the dependability for which Maytag washers are known.
To further promote water and energy conservation, Mac-Gray is educating owners and managers of laundry facilities about the environmental impact of choices made in the laundry room. Instructional signage and the recently launched website, http://www.cleanandgreenvision.com, serve as resources to inform people of the benefits of high-efficiency washers and dryers and how to utilize the equipment correctly to minimize environmental impact.
"The environment is considered in all we do at Mac-Gray," said Phil Emma, EVP Operations. "We believe it's good business to think about the ultimate bottom line -- how our decisions affect us financially, as well as how they affect people and our planet."
Mac-Gray's Clean & Green Vision(TM) website outlines the necessary components of operating a clean and green laundry room as well as general information about environmental sustainability.
About Mac-Gray Corporation
Founded in 1927, Mac-Gray derives its revenue principally through the management of card- and coin-operated laundry facilities in multiple housing facilities such as apartment buildings, college and university residence halls, condominiums and public housing complexes. Mac-Gray contracts its laundry facilities under long-term leases. These leases typically grant Mac-Gray the exclusive contract rights to laundry facilities on the lessor's premises for a fixed term, which is generally 7 to 10 years, in exchange for a negotiated portion of the revenue collected. Mac-Gray serves approximately 80,000 multi-housing laundry facilities located in 43 states and the District of Columbia.
Mac-Gray also sells, services and leases commercial laundry equipment to commercial laundromats and institutions through its product sales division. This division also includes the Company's MicroFridge(R) business, where Mac-Gray sells its proprietary MicroFridge(R) line of products, which are combination refrigerators/freezers/microwave ovens utilizing patented Safe Plug(TM) circuitry. The products are marketed throughout the United States to colleges, the federal government for military housing, hotels and motels, and assisted living facilities. MicroFridge(R) also markets Whirlpool's Magic Chef(R), Amana(R) and Maytag(R) lines of home appliances under its MaytagDirect(TM) program throughout the United States. MicroFridge(R) and Maytag(R) products bear the ENERGY STAR(R) designation. To learn more about Mac-Gray, visit the Company's website at http://www.macgray.com.
Clean & Green Vision(TM), Intelligent Laundry(TM) Solutions, Intelligent Laundry(TM) Systems, LaundryView(TM), PrecisionWash(TM) and MaytagDirect(TM) are trademarks of Mac-Gray Corporation. MicroFridge(R) is a registered trademark of Mac-Gray Corporation. All other product names, service marks and trademarks mentioned herein are trademarks of their respective owners.
Contacts: Sheffield Halsey Vice President, Marketing Mac-Gray Corporation 781-487-7600 Email: email@example.com
SOURCE Mac-Gray Corporation -0- 04/22/2008 /CONTACT: Sheffield Halsey, Vice President, Marketing of Mac-Gray Corporation, +1-781-487-7600, firstname.lastname@example.org / /Web site: http://www.macgray.com / (TUC) CO: Mac-Gray Corporation ST: Massachusetts IN: MAC HOU ENV OIL SU: PDT AWD JM-CS -- NETU103 -- 9525 04/22/2008 12:35 EDT http://www.prnewswire.com