HVAC Breaking News

Nov. 24, 2008: Carrier Acquires Noresco, Expands Its Energy Solutions Capabilities

November 24, 2008
/ Print / Reprints /
ShareMore
/ Text Size+

FARMINGTON, Conn. - Carrier Corp. has acquired Noresco, a leading independent energy services company. Terms of the deal were not disclosed.

Carrier notes that Noresco, established in 1984, has implemented thousands of efficiency and infrastructure upgrade projects that reduced energy and water consumption and lowered operating expenses for a wide range of customers including federal, state, and municipal agencies; educational institutions; hospitals; utilities; and commercial and industrial facilities. Noresco is headquartered in Westborough, Mass., and has 20 offices in the United States.

“Noresco complements the depth and breadth of Carrier’s portfolio and is an integral part of our strategy to offer sustainable, comprehensive, end-to-end building solutions,” said Kelly Romano, president, Carrier Building Systems and Services. “We are able to offer our customers sustainable products, services, and solutions that lower total cost of ownership and deliver high performance buildings.”

“Carrier greatly admires Noresco,” said Erv Lauterbach, president, Carrier Building Systems and Services North America Field Operations. “As a founding company in the energy solutions sector with strong customer relationships, we are pleased to have the employees of Noresco become part of the Carrier team, and look forward to serving customers with a more comprehensive solutions offering.”

Neil Petchers, president and CEO, Noresco, said, “Carrier’s acquisition of Noresco will allow us to expand our customer base as well as deliver increased value to our customers.”

For more information, visit www.carrier.com.

Publication date: 11/24/2008

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: Jeremy Begley

Jeremy Begley, home-performance specialist and Web and social media manager with National Heating and Air Conditioning Co. in Cincinnati discusses how and why you should add home-performance philosophies to your contracting repertoire. Posted on Sept. 12.

More Podcasts

ACHRNEWS

NEWS 09-15-14 cover

2014 September 15

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