EarthCare Co. will sell its plumbing businesses in Atlanta and Gainesville, Ga., to John Hulsey, and a private company, Tempered Air Systems, which is owned by Mr. Hulsey. The anticipated sales price for this transaction is approximately $1.3 million. EarthCare intends to use the cash proceeds from this transaction to reduce its senior bank debt.
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As electronics continue to become smaller, faster, and more affordable, more and more contractors are investing in fleet-management solutions that help reduce their technicians’ time on the road, improve productivity, save gas, and protect these major assets from misuse or theft. Read more stories in 2017 April Issue.