ECR To Acquire Argo
Timothy R. Reed, ECR president and coo, said, “The acquisition of Argo Industries will complement the current product families of ECR International’s heating and cooling divisions and allow ECR to further expand it’s product offering and increase market share.”
Reed also stated that the acquisition of radiation products and controls will allow ECR to offer a complete package of heating and cooling products to its customers. The acquisition is expected to be complete by Fall of 2001. ECR currently operates five manufacturing facilities in the U.S. and Canada, and also markets nine brands of hvac equipment worldwide.