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Watsco was founded more than 60 years ago as a manufacturer of parts, components, and tools used in the HVAC/R industry. In 1989, the company shifted from manufacturing to distribution, by acquiring Gemaire Distributors Inc., a South Florida-based Rheem distributor. [3] [4] [5] [6]
Cleansource, a regional distributor of JanSan products, was acquired in October 2010 for $60.1 million. [20] CleanSource was founded in 1956 in San Jose, California. It distributes janitorial, food service supplies, and MRO products. [21] Customers of CleanSource consist of healthcare, education, and institutional facilities.
In 2006, McQuay was acquired by Daikin Industries, a global manufacturer of both commercial and residential air conditioning equipment based in Osaka, Japan. Daikin had annual sales of $13 billion in 2009. [2] Daikin was named one of the 100 most sustainable corporations for three years in a row by Corporate Knights, Inc., from 2007 through ...
Vertiv has over 300 service centers and employs more than 4,000 service field engineers globally. [ 3 ] In 2024, the company received 56% of its revenue in the Americas ; 22% from Asia–Pacific ; and 22% from Europe, the Middle East and Africa .
Rheem Manufacturing Company is a privately held manufacturer who produces residential and commercial water heaters, boilers, heating, ventilating and air conditioning (HVAC) equipment. The company also produces and sells products under the Ruud brand name. Rheem is headquartered in Atlanta, Georgia, and is an independent subsidiary of Paloma ...
It first reached $1 billion in wholesale sales in 1985 and $5 billion in 2015. As of 2019, it has over 5,200 locations in 60 countries. [1] Ace operates 17 distribution centers in the United States, and additional distribution facilities in China, Panama, and the United Arab Emirates. [5] [6]
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