CES Group Becomes Nortek Air Solutions
New Name Signifies New Strategy for Business Growth and Organizational Synergy
Providence, RI and Eden Prairie, MN (February 25, 2015) — Nortek, Inc. (NASDAQ:NTK) announced today that its subsidiary CES Group, LLC, the leading custom air handler manufacturer in North America, has changed its name to Nortek Air Solutions, LLC effective immediately. Product brand names, including Eaton-Williams, Governair, Huntair, Mammoth, Temtrol, Venmar CES, Ventrol, and Webco will continue in the Nortek Air Solutions organization.
“The new name signals the start of an exciting new chapter for our customers, sales representatives and employees,” said Mark DeVincent, president of Nortek Air Solutions. “With all our brands going to market as one company—Nortek Air Solutions—we can leverage our strengths more effectively in our key markets such as data centers, healthcare, offices and education. We can also collaborate on technology innovations and operating efficiencies across the entire organization.”
“As we have grown as a leading HVAC solutions provider, we learned that our large customers wanted to know the financial, geographic and market strength that stands behind our products,” DeVincent added. “Our new name more closely aligns ourselves with Nortek, a $2.5 billion company whose businesses deliver a broad array of air management and technology driven products to customers around the world.”
Nortek Air Solutions is one of the largest custom heating, ventilation and air conditioning (HVAC) manufacturers in North America, whose 8 product brands represent a combined total of more than 390 years of experience, 9 manufacturing locations, and 165 sales representative offices. Its broad range of custom solutions for healthcare, education, data centers, cleanrooms and offices features innovative technologies to increase energy efficiency and provide the lowest total cost of ownership over the life of the system. Its patented FANWALL TECHNOLOGY® system is available in most Nortek Air Solutions brands of air conditioning and ventilation equipment.
Nortek Air Solutions, LLC is a subsidiary of Nortek, Inc. (NASDAQ: NTK), a global, diversified company whose many market-leading brands deliver broad capabilities and a wide array of innovative, technology-driven products and solutions for lifestyle improvement at home and at work. Please visit www.nortekair.com and www.nortek.com for more information.