HVAC Breaking News

Apr. 16, 2002: A.O. Smith Files With SEC For Offering Of Common Stock

April 16, 2002
/ Print / Reprints /
/ Text Size+
MILWAUKEE, WI — A.O. Smith Corporation announced that it has filed a registration statement with the Securities and Exchange Commission (SEC) relating to a proposed underwritten public offering of 3.5 million shares of its common stock. All of the shares are to be offered by A.O. Smith.

The company intends to use the net proceeds from the sale of the stock to repay a portion of its debt under its multi-year credit facility. The company anticipates that the proposed stock offering will proceed in the second quarter.

A.O. Smith, headquartered in Milwaukee, is a manufacturer of fractional horsepower, hermetic, and integral horsepower electric motors, residential water heaters, commercial water heating equipment, and hydronic boilers.

Publication date: 04/15/2002

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

Recent Articles by Greg Mazurkiewicz

You must login or register in order to post a comment.



Image Galleries

2014 World Energy Engineering Congress

Scenes from the 2014 World Energy Engineering Congress in Washington, D.C.


NEWSMakers: Kari Arfstrom

Kari Arfstrom, executive director of the HVACR Workforce Development Foundation, talks about the upcoming HVACR & Mechanical Conference. Posted on Jan. 23.

More Podcasts


NEWS 01-26-15 cover

2015 January 26

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Regional Standards

With regional standards for a/c equipment going into effect in 2015, how do you think it will impact the industry?
View Results Poll Archive


2015 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research


Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Magazine image
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.


facebook icontwitter iconyoutube iconLinkedIn i con