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.
Did you enjoy this article? Click here to subscribe to Plumbing & Mechanical.
For plumbers in Flint, Mich., “it’s been a heck of a year,” said Harold T. Harrington, a master plumber and pipefitter working as the business manager for Flint’s United Association of Plumbers and Pipefitters, Local 370. Read more stories in 2017 March Issue.