FOR IMMEDIATE RELEASE:
REGAL BELOIT CANADA ACQUIRES CANADIAN HVAC DISTRIBUTOR
May 3, 2010 (Mississauga, ON): Regal Beloit Canada today announced the acquisition of Air-Con Technologies located in Mississauga, ON.
Air-Con is a leading distributor specializing in HVAC/R electric motors primarily used in residential heating/cooling, commercial rooftops, and refrigeration/ventilation equipment. Air-Con is a distributor of many existing Regal Beloit products including Leeson, Genteq, Fasco and Marathon.
Air-Con will consolidate operations and staff, including founder Frank Sulima, into Regal Beloit Canada’s Mississauga facility over the next few weeks.
According to Glen Peer, V.P./G.M. of Regal Beloit Canada, “We are very pleased to announce the acquisition of Air-Con Technologies. Air-Con is a fast growing and well respected business. We are pleased to welcome them to the Regal Beloit family and are excited about utilizing their knowledge and skill sets to help us further drive the growth of all our HVAC/R brands in Canada.”
ABOUT Regal Beloit Canada- Regal Beloit Canada is a leading manufacturer and wholesaler of electric motors, speed reducers, drives and related electro-mechanical components. Distributors and OEMs are able to draw around-the-clock from fully stocked, coast-to-coast Regal warehouses. Custom designed product is available quickly through Regal Beloit Canada's CustomPDQ program.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
Regal Beloit Canada