Cathleen Allison/Nevada Appeal Richard Langson, founder of ElectraTherm, displays an example of twin screws for the turbines in the units his company makes that capture excess industrial heat and use it to produce electricity.
ElectraTherm
808 E. College Parkway, Suite 102
882-6680
www.electratherm.com
Name: Richard Langson
Position: Co-founder and chief executive officer
The business: It makes generators that capture waste industrial heat and turn it into heat that produces electricity.
How he got the idea: Langson noticed a spike in energy prices about seven years ago and got interested in generators that don't need fuel. He started working on the project in a garage beside Carson Hot Springs, which he owns, and developed a model.
His background: He also has raced cars and built engines which helped him with mechanical aspects of the generator.
How business is going: The company just installed its first commercial waste heat generator last week at Southern Methodist University in Dallas, Tex.
The output of the generators: They give about an extra 10 percent of power and it costs are recouped in about two to three years, Langson said.