Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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
Specialty drugmaker Horizon Pharma plc (HZNP) on Friday managed to redomicile itself as an entity incorporated in Ireland following the completion of its $660 million acquisition of Vidara Therapeutics International plc. The deal will help it avoid paying the high rate of U.S. corporate taxes. The... Stocks showed a lack of direction over the course of the trading day on Friday after failing to sustain an initial upward move. Despite the choppy trading, the Dow once again managed to end the session at a new record closing high. The major averages turned in a mixed performance on the day. President Barack Obama delivered a statement Thursday evening thanking members of Congress for voting to approve legislation granting the U.S. military the authority to train and arm moderate Syrian rebels fighting against the terrorist group known as the Islamic State.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.