Denmark-based pump manufacturer Grundfos Group recently acquired Peerless Pump Co., a U.S.-based manufacturer of pumps and fire protection systems. It is Grundfos’ largest acquisition to date; Peerless has more than 400 employees and annual sales of $110 million.
Officials of American Standard Americas on Dec. 5 issued a formal notice to the GMP Local 7-A, its employees and local government officials that it anticipates that its plant in Tiffin, Ohio, will close, eliminating 165 hourly production jobs and 35 salary jobs.
Grinnell Mechanical Products launched its new design services offering to mechanical contractors: Grinnell Mechanical Services, which provides engineers and contractors with a complete piping solution for the design-to-build process.
Members of the Air-Conditioning and
Refrigeration Institute and the Gas Appliance Manufacturers have voted to
approve the merger of the two trade associations to become the Air-Conditioning, Heating and Refrigeration Institute (AHRI) on Jan.
1, 2008.
Ingersoll-Rand Co. Ltd. announced Monday, Dec. 17, that it
has executed a definitive agreement to acquire Trane Inc., formerly American
Standard Cos. Inc., in a transaction valued at about $10.1 billion.
Watts Radiant expects to train hundreds of plumbing and mechanical contractors at its facility's new "Hands-On House," as well as at several regional location throghout 2008.
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