Acquisition extends a long-term strategy for market growth and channel expansion. Atlanta—Rheem has announced its intent to acquire Nortek Global HVAC (NGH), a leading manufacturer of air conditioning products, from Madison Industries. NGH is based in O’Fallon, Missouri with manufacturing in Saltillo, Mexico, and a distribution center in Poplar Bluff, Missouri. “Nortek Global HVAC has […]
Bradford White Corporation, an industry-leading American manufacturer of water heaters, boilers and storage tanks, is continuing its commitment to support training the workforce of the future by providing strategic in-kind grant funding to the Center for Employment Training (CET), a national nonprofit technical training school. The grant, which stems from Bradford White’s signature charitable giving […]
Viessmann and Carrier align; Uponor rebuffs Aliaxis. Are we seeing a renewed “trend” toward consolidation in the PHVAC industy? Inflation, fuel prices, war, supply chain, electrification, and economy woes are all factors for potential wholesale changes. Over the past month, there has been heavy movement in the industry to suggest such a thing. In a […]