Laars Heating Systems, a subsidiary of Bradford White Corporation and a leading US designer and manufacturer of boilers, water heaters, and pool heaters has acquired Electro Industries.
Established in 1974, Electro Industries is a manufacturer of electric boilers, air-to-water heat pump technology, electric duct heaters and controls.
Bradford White Corporation president & CEO, Bruce Carnevale, said Electro Industries has developed a reputation for producing high-quality residential and commercial electric space heating solutions.
"We are excited to welcome the employees of Electro Industries into the Bradford White family and incorporate their trusted products into the Bradford White portfolio,” he said.
“This acquisition will expand Laars' residential, commercial and industrial space heating portfolio.”
Electro Industries president, Krista Smith-Larson, said the acquisition will allow the company to continue to grow for many years to come.
Electro Industries CEO, John Seefeldt, said Laars Heating Systems and Electro Industries share similar commitments to American manufacturing, quality, and customer care.
"Joining with Laars Heating Systems will enhance our capabilities, allowing us to better serve our current customers while extending our offerings to a broader audience,” he said.
The acquisition of Electro Industries includes all company assets, including the Electro Industries facility in Monticello, increasing Laars Heating Systems manufacturing presence. Electro Industries will be organized as a division of Laars Heating Systems, a subsidiary of Bradford White Corporation.