Newsline

Research Products Acquires Dri-Steem

April 11, 2001
/ Print / Reprints /
ShareMore
/ Text Size+
MADISON, WI — Research Products Corp. made its largest acquisition in the company’s history recently by acquiring the Dri-Steem® Humidifier Co.

As of March 30, under the agreement between the two companies, Dri-Steem started operating as a subsidiary of Research Products.

Research Products is the maker of the Aprilaire® brand of indoor air comfort products for the residential and light commercial market. With the current acquisition, Research Products will strengthen its presence in the commercial and industrial markets.

Dri-Steem is a commercial and industrial humidification manufacturer and sells units to industrial plants, office buildings, hospitals, and other large facilities. Dri-Steem humidifiers can be found in some prominent buildings including the Mayo Clinic in Rochester, MN, the Museum of Modern Art in New York City, NY, and the White House.

The company has developed such products as the GTS® gas-to-steam humidifier, the STS® steam-to-steam humidifier, and the Ultra-sorb®. Each of these humidifiers are standard in the light commercial market.

According to Dean Pierringer, president and ceo of Research Products, the move is a strategic advantage for the company. “In the past several years, our growing line of thermostats, zoning, and building automation products has allowed us to expand beyond the residential market into the light commercial market,” he said. “Dri-Steem’s leadership position in commercial and industrial humidification opens new doors and gives us new opportunities to grow in equally important segments.”

This is not the first strategic move for Research Products. The company acquired Enerzone Systems in 1999, which also helped in opening the door to the commercial market, as well as increasing the company’s emphasis on computer technology.

In July 2000, Research Products introduced the Aprilaire Electronic Air Cleaner, which uses a patented air cleaning technology.

Even before the acquisition of Enerzone, Research Products was developing and marketing more technological products. For example, the company has introduced zone control and both communicating and electronic thermostats. Also, in 1997, Research Products released the Aprilaire automatic humidifier that includes a “no-touch” computer-equipped design.

Pierringer also says that the acquisition is beneficial for both companies. “This is a great match,” he said. “Both companies have a reputation for making the best quality products in our categories and for being first to market with advanced technology.”

Julie Samuelson, a Dri-Steem ceo before the acquisition, agrees. “For the sake of our employees and customers, we couldn’t have found a better partner than Research Products,” she said.

Although the two companies have begun working together, some aspects will stay the same. Dri-Steem will still use the company name and manufacture its products in Eden Prairie, MN. The existing management team, general staff, sales force, and production staff will stay in place as well. Approximately 130 people are employed by Dri-Steem in Eden Prairie.

Research Products, which was founded in 1938, has four separate locations. The main location can be found in Madison, WI, while the others can be found in Poynette, WI, Avondale AZ, and Parker, TX. Approximately 300 individuals are employed between the four Research Products locations.

Publication date: 04/16/2001

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

NEWSmakers: Julian Scadden

Training is an ongoing process. Julian will discuss how you can generate maximum return on time and energy invested training by following a three part process. Listen to this podcast to get expert tips on training, tracking and follow up. 

More Podcasts

ACHRNEWS

NEWS 04-21-14 cover

2014 April 21

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