Aug. 28, 2003: RAE Corporation Purchases King Coil
PRYOR, Okla. — RAE Corporation, a manufacturer of air conditioning, refrigeration, process cooling, and heat transfer coils, has agreed to purchase from Mestek the assets of King Coil, a leader in the industrial coil market.
Eric Swank, president and CEO of RAE Corporation, stated, “The fact that King Coil has dominated the stainless steel, carbon, and aluminum coil markets for a number of years is a huge plus for RAE Corporation. The King Coil acquisition allows RAE Corporation to continue its growth while focusing on the company’s core business, heat transfer.”