Nibe Industrier AB (Markaryd, Sweden), parent company of WaterFurnace Intl. Inc. (Fort Wayne, Indiana), entered into a stock purchase agreement with LSB Industries Inc. (Oklahoma City) to acquire 100 percent of LSB’s Climate Control Group Inc.
Sanhua Intl. Inc. (Plain City, Ohio) named Rick Rasch (pictured right) sales engineer on the North American commercial sales team. He was previously employed by Tecumseh Products Co. (Ann Arbor, Michigan).