logo
Share SHARE
FONT-SIZE Plus   Neg

MARS Acquires Heat Controller

MARS, commercial and residential HVAC/R motors and components supplier, announced that it has made a strategic acquisition of Heat Controller, Inc., commercial and residential HVAC equipment supplier.

Founded in 1946, Motors and Armatures (d.b.a. MARS) is a family-owned and operated supplier of quality motors, components, and service/installation parts for the HVAC/R industry. The company distributes its own extensive MARS and JARD branded aftermarket replacement products, as well as the original equipment components of leading manufacturers. MARS is headquartered in Hauppauge, NY, and operates distribution facilities in Earth City, MO, and Mississauga, Canada.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The month of May saw the FDA greenlight 5 new drugs, including 1 new molecular entity, and surprisingly turn down 1 drug candidate, whose approval was considered a no-brainer by some experts. Lab equipment maker Thermo Fisher Scientific Inc. has agreed to acquire electron microscope maker FEI Co. for about $4.2 billion in cash, the two companies said Friday. Thermo Fisher noted that FEI's electron microscopy platform will complement its own mass spectrometry systems to accelerate advancements in structural biology. While reporting a wider loss for the first quarter, Sears Holdings Corp. said it has decided to "aggressively evaluate" all potential alternatives for its top brands - Kenmore, Craftsman and DieHard or KCD, and the Sears Home Services or SHS businesses. Sears has retained Citigroup Global Markets and LionTree Advisors to assist in its efforts.
comments powered by Disqus
Follow RTT