Newsline

Hill Phoenix Acquisition

May 18, 2009
/ Print / Reprints /
ShareMore
/ Text Size+

CONYERS, Ga. - Hill Phoenix Inc. acquired certain assets and intellectual property of Tyler Refrigeration, a unit of Carrier Corp. Financial terms of the transaction were not released. Under the terms of the transaction, Hill Phoenix has purchased select equipment and other physical assets, order backlog, intellectual property, and the service parts business of Niles, Mich.-based Tyler Refrigeration, a manufacturer of refrigerated display merchandisers and refrigeration systems for the food retail industry.

In addition, the company has also purchased Tyler’s five service and installation branch businesses located in New Jersey, Minnesota, Arizona, Southern California, and Mexico. Tyler’s manufacturing facility in Niles is not part of the transaction.

“Because the focus of our strategy is to grow our business and better serve our customers, this acquisition is an excellent strategic fit for Hill Phoenix,” said Bill Johnson, Hill Phoenix president and CEO. “It enhances our long-standing efforts to provide Hill Phoenix customers industry-leading products with proprietary technology, intellectual capital, and key employee additions that will allow us to expand engineering, field support, and other customer related functions.”

With Carrier retaining ownership of the Niles facility, new Tyler products will no longer be available. Both companies are working to ensure a smooth transition with minimal interruption of scheduled shipments to customers. All orders that were entered on or before April 30 and are scheduled to ship on or before July 31 will be produced at the Niles facility and shipped according to schedule. In addition, Hill Phoenix will produce service parts for existing Tyler-installed display cases, and service and installation from the branches will continue uninterrupted.

Hill Phoenix will be meeting directly with customers and dealers over the coming weeks to be certain their specific concerns are addressed and that their needs are met.

For more information, visit www.hillphoenix.com.

Publication date: 05/18/2009

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 Energy Efficiency Forum

Highlights from the 25th annual Energy Efficiency Forum in Washington, D.C.

Podcasts

NEWSMakers: Mark Satterfield

Mark Satterfield, founder and CEO of Gentle Rain Marketing Inc. and author of “The One Week Marketing Plan” talks about his book and the importance of HVAC blogging. Posted on Sept. 19.

More Podcasts

ACHRNEWS

NEWS 09-22-14 cover

2014 September 22

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Venting R-22

The NEWS reported that a man received prison time for venting R-22. Should EPA step up enforcement?
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