Thermo Pride and Norwood Manufacturing are being acquired by R.W. Beckett Corp. of North Ridgeville, Ohio, in exchange for $27.6 million in cash, subject to customary adjustments.
Southern Ice will operate under its existing name and under the direction of its current leadership team to provide continuity to customers, employees, and OEM partners, a press release from Watsco said.
A2L refrigerants are replacing R-410A, offering low-GWP benefits with mild flammability risks. By following safety standards and using proper leak detection, the transition can be safe and seamless.
As President Trump promises to roll back or reconsider a number of environmental and efficiency regulations, states may implement their own stricter standards.
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The new facility will launch during B&J’s 50th anniversary and will give the company the opportunity to consolidate operations, open a dedicated technician training center, and store an in-house inventory to beat regional supply chain slowdowns.