Heatex incorporated in USA
Heatex begins production of air handlers in own plant
Key US leaders purchase 50% ownership of Heatex Product line consists of packaged, flat-plate energy recovery and LASER dedicated outdoor air units Revenue: $2million
Heatex renamed Innovent Manufacturing natatorium, multi-zone, flat-plate/heat wheel energy and packaged AC units Revenue: $14million
Precision Coils acquired
Valent business incubated and launched Move into current Minneapolis facility $10m renovation of 225,000 square feet Valent starts producing units
Unison Comfort Technologies established; a division of Greenheck Group Revenue: $70million