SCHOFIELD, WI (WSAU) — Schofield-based Greenheck Group has announced its intention to purchase a Florida company that also specializes in HVAC equipment.
According to a statement released on Wednesday, Greenheck leaders have signed a letter of intent to buy out Metal Industries, which produces grilles, registers, diffusers, and air terminal products.
“As indoor air quality continues to increase in importance to customers, this acquisition will enable Greenheck to provide a full package of energy-efficient HVAC products from rooftop heating and cooling equipment to individual area grilles and diffusers,” said Tim Kilgore, Greenheck president of sales and marketing in a press release. “Greenheck strives to be the easiest company to do business with, and we will now be in an even better position to provide engineers and contractors the ability to select all of the products to meet their needs from a trusted, single-source supplier.”
Metal Industries has plants located in Florida, North Carolina, and Mexico. Their products are distributed and sold under the Metalaire and USAire brand names.
“HVAC manufacturing has seen a great deal of consolidation,” commented David Hawkins, Metal Industries COO. “Our interest in a merger was only with companies that would allow us to grow stronger without losing our sense of identity and Greenheck was the ideal match.”
Both companies were founded in 1947. Terms of the deal were not disclosed.
