Plumbing and Mechanical

Weil-McLain Purchases Chinese Boiler Company

March 7, 2006
Weil-McLain announced the acquisition of Taishan Maeda Boiler Co. of Taian, China, which produces boilers for the China market and assorted iron castings. The new company will be named Weil-McLain Shan Dong Cast Iron Boiler Co. Ltd., or Weil-McLain Shan Dong™.

Industry statistics report that China is the fourth largest economy in the world - behind the United States, Japan and Germany - with construction spending now estimated at $400 billion per year, the company stated, fueled largely by new residential, commercial and institutional construction projects.

“The rapid pace of new construction, coupled with China's focus on improving air quality by reducing its reliance on coal-based heating sources, creates great prospects for Weil-McLain's natural gas and oil boilers,” said Gregg Black, Weil-McLain's vice president of human resources.