HVAC Breaking News / News

Jan. 30, 2013: ONICON Acquired by Harbour Group

January 30, 2013
CLEARWATER, Fla. — ONICON Inc. has been acquired by Harbour Group, according to an announcement by Marvin Feldman, president of ONICON. The terms of the transaction were not disclosed.

ONICON designs and manufactures engineered energy measurement systems and flow metering devices. These include Btu meters and turbine, electromagnetic, ultrasonic, thermal mass, and vortex flow meters for use in hydronic heating/cooling systems as well as water, steam, gas, and compressed air applications. The company provides custom solutions calibrated to specific customer applications. ONICON is based in Clearwater, Fla.

Feldman said, “This is a wonderful opportunity for our valuable customers, exceptional sales rep network, and outstanding employees. I am extremely confident that partnering with Harbour Group and benefitting from their global resources will enable us to fortify our leading position in the HVAC market and enhance our position in additional markets.”

“ONICON’s proprietary technology enables building controls contractors, controls design engineers, and building owners and operators to address key concerns about energy cost and environmental impact by maximizing the efficiency of their HVAC systems,” said Jeff Fox, Harbour Group’s chairman and chief executive officer. “We are very impressed with the company’s innovative products and the outstanding service it provides to its customers. We look forward to working with the ONICON team and will be supporting their organic and acquisition-related growth efforts with all of Harbour Group’s resources.”

Harbour Group is a privately owned operating company based in St. Louis. Harbour Group and its companies are engaged in manufacturing, distribution, and specialty services in multiple industries. Since its founding in 1976, Harbour Group has acquired 172 companies in 37 different industries.

Publication date: 1/28/2013 

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

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

Multimedia

Videos

Image Galleries

2014 MCAA Annual Convention

Scenes from the 2014 MCAA Annual Convention in Scottsdale, Ariz.

Podcasts

Kyle Gargaro, editor-in-chief of The NEWS, hosted the 2014 ACCA CEO Forum. At the event, six well-known, highly respected company executives, Gary Michel, Ingersoll Rand/Trane; Chris Nelson, Carrier Corp.; Chris Peel, Rheem Mfg. Co.; Rod Rushing, Johnson Controls; Brent Schroeder, Emerson Climate Technologies; and Doug Young, Lennox; provided individual industry outlooks and fielded questions directly from attending contractors. Listen to the entire event on the NEWSMakers podcast. Posted on April 14.

More Podcasts

THE MAGAZINE

ACHRNEWS

NEWS 04-14-14 cover

2014 April 14

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

SERVICE CALLS POLL

Which statement on service calls best applies to your business?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 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.

DON'T MISS A THING

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

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con