The heat wave sweeping across the country for the last two weeks has sent many scurrying like roaches out of the light and into the cool confines of the great indoors. Not all have found respite, though. New York’s Queens Borough suffered from a massive blackout lasting at least a week. Cities up and down California baked to a crisp and went dark. Half a million St. Louis residents lost power as well.
For quite a few businesses, however, the rising mercury means dollar signs. Lots of dollar signs.
Makers of emergency generators are the perennial big winners in the heat wave game. General Electric takes the crown in this arena, but you can also expect to see the likes of Caterpillar, GET Group, Suzuki Motor Corporation, and Hyundai Heavy Industries reaping similar benefits.
Contractors involved in maintaining the country’s infrastructure are in for a robust summer as well. Bechtel, Fluor, and Jacobs Engineering Group are just three heavy hitters that come to mind, each regularly assisting in bulking up US transportation, utility, and similar infrastructure.
Meanwhile, when you’re cooling off in front of your generator, why not cool the gullet as well? Ben & Jerry’s is one of many ice-cream makers enjoying hot sales. Worried you won’t sweat off the calories? Opt for a bottle of Evian instead.
Speaking of water, everyone’s trying to conserve it. Producers such as Hancor are poised to help businesses and residents save a few dollars with a variety of fittings, inserts, and pipes that improve water conservation efforts.
It’s been a scorcher in the UK too. London’s Daily Telegraph asked a few fund managers last week who would be benefiting from the high temperatures:
- Balfour Beatty and Carillion, contractors extraordinaire, both of which handle major infrastructure projects such as sewer systems;
- Utility giants Drax Power and International Power; and my personal favorite:
- Pubs. Thousands of hot and thirsty denizens will be toasting the great English destination this summer in such popular establishments as Punch Taverns and Wolverhampton & Dudley.
I’m not sure where writing fits in to this whole summertime money-making scheme, but when there’s a will and 100-degree temperatures, there’s a way.
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