Harris Companies Acquires Phoenix Contractor
This acquisition marks the fourth major market for Harris Companies, which will now have offices in St. Paul and Rochester, Minn., Salt Lake City, and Phoenix, in addition to satellite offices in Northfield and Austin, Minn. Harris Companies employs 620 with anticipated revenues of $190 million in 2007. Climate Control employs 100 with revenues of more than $14 million.
Harris Companies is an employee-owned business that designs, builds, and installs piping, plumbing, heating, ventilating, air conditioning, and electrical systems for commercial and industrial customers. Climate Control provides these services throughout Arizona, for commercial and residential construction.
Greg Hosch, president of Harris Companies, said, “This is a perfect match. We’re both companies driven by integrity, creativity, a desire to win, and to overcome obstacles to make it happen for our clients. While our company was founded in 1948, Climate Control was established in 2005 and has grown exponentially in that short time. They bring to us great people, assets, and an exceptional reputation in residential and commercial construction.
“Climate Control also provides Harris Companies with a base in the nation’s top growth market for commercial and industrial construction. In addition, many Harris Companies’ clients have added Phoenix offices. Climate Control’s location will provide even more efficient and effective service for these clients.”
Peter Tignini, Climate Control’s president, said, “This is an incredible opportunity for Climate Control. We’re the only union contractor in the state of Arizona who does both commercial and residential construction. With Harris Companies, we’ll have all the tools and expertise of a company with nearly 60 years experience at our disposal.”
Hosch said Climate Control’s name and management will remain in place. Where there is duplication of services, Hosch plans to place these people in new roles to support anticipated growth in the Phoenix office.
Publication date: 12/10/2007