The Carrier and Viessmann boards of directors have each approved the acquisition, which is expected to close around the end of 2023, subject to customary closing conditions and regulatory approvals.
The new name also embraces the global megatrend toward electrification, with Bosch announcing last
month an investment of $737.6 million in electrification to further accelerate heat pump ramp-up,
specifically as high demand for climate-friendly solutions continues globally.
Newsweek selected and ranked America’s Most Trustworthy Companies based on three key performance pillars: customer trust, investor trust and employee trust.
Jacob Hicks, product manager, will drive market research and new product introductions. Pat Cholka, quality manager, will focus on ensuring superior caliber products that our customers have come to depend upon.