Air Conditioning

BasX Solutions Corporate Office

BasX Solutions was founded in 2012 by David Benson & Matthew Tobolski. The company custom designs, engineers, and manufactures modular systems, air handling products, and clean room systems for the building industry.

Products made by the company are quite varied, but include commercial HVAC solutions and units, custom air handling units, clean room grid systems, in row coolers, custom fan coils, and evaporative cooling units. Customers of BasX Solutions include UCLA Medical, Kaiser Permanante, Abbott Labs, Amgen, Motorola, Qualcom and more.

BasX Solutions was listed as #51 on the 2017 Inc. 5000 list of Fastest Growing Companies in America. In 2016, the company had annual revenue of $25.1 million and a three year growth rate of 6,062%. The company also took the #1 spot on the Inc. list of Top Manufacturing Companies and Top Oregon Companies.

BasX Solutions

History

Regal Service Company Corporate Office

Regal Service Company was founded in 2013 when current owner Christopher Caliedo, purchased a small AC/heating company to help supplement his income from the family business. When he began to devote the company strictly to maritime work, the company began to grow substantially and he was forced to quit the family business.

The company specializes in the repair and installation of HVAC equipment for maritime vessels. In addition, the company also performs welding, electrical work, and other types of maintenance, such as painting. The company is based in Hawaii, but is looking to expand outside the area. Locations that are being considered include Long Beach, California, and Mobile, Alabama.

Regal Service Company is listed as #98 on the 2017 Inc. 5000 list of Fastest Growing Companies in America. The company earned the #2 spot on their list of Top Hawaii Companies and the #5 spot on the Inc. list of Top Construction Companies.

Regal Service Company

History

WaterFurnace Renewable Energy Corporate Office

Waterfurnace Renewable Energy was founded in 1983 in Fort Wayne, Indiana. The company operates a geothermal heat source used for heating and cooling homes and businesses.

The company designs, develops, manufactures, and distributes geothermal heat pumps which extract heat from the ground. This heat can then be used to power water heaters and radiant heated floor systems. This same system can be put in reverse to pull hot air from homes and businesses, and cool the air underground. This is a renewable source of energy that is never depleted and can save consumers thousands in heating and cooling costs.

Waterfurnace Renewable Energy operates as a subsidiary of NIBE Industrier AB. The company changed its name from Waterfurnace Industries in 2008. Headquarters remain in Fort Wayne, Indiana.

Waterfurnace Renewable Energy

Waterfurnace Renewable Energy was founded in 1983 in Fort Wayne, Indiana. The company operates a geothermal heat source used for heating and cooling homes and businesses.

Waterfurnace Renewable Energy operates as a subsidiary of NIBE Industrier AB. The company changed its name from Waterfurnace Industries in 2008. Headquarters remain in Fort Wayne, Indiana.

History

Carrier Corporate Office

Carrier Corporation was founded in 1915 when Willis Carrier, who invented air conditioning in 1902, pooled resources with 6 other engineers to create the first air conditioning company in the world in Newark, New Jersey.

Over the years the company has acquired several businesses, as well as been acquired by others, the latest in 1979 by United Technologies Corporation. The company manufactures, sells, and installs air conditioning and heating units around the world. In 2001 the company was recognized as being the largest manufacturer of refrigeration and heating units in the world.

In November of 2016, the company negotiated a deal with then president elect Trump that they would leave a heating manufacturing plant in Indiana, saving about 800 jobs. The remainder of the plant and jobs were sent to Monterrey, Mexico. Carrier received a $7 million tax incentive over the next 10 years.

Carrier and other HVAC companies have the potential to make a bundle with the coronavirus crisis since it has more people spending time indoors.

Carrier

History

Carrier and other HVAC companies have the potential to make a bundle with the coronavirus crisis since it has more people spending time indoors.

Lennox International Corporate Office

Lennox International was founded in 1904 as Lennox Furnace Company. The company’s flagship product was a riveted-steel sheet metal coal furnace, which was an improvement over traditional cast-iron furnaces because the steel furnace did not warp after years of use. Cast-iron furnaces let smoke and coal gas into the living space after warping occurred.

In the decades following, the company manufactured and sold its very popular furnaces and related products, adding more products and manufacturing facilities as necessary. In the 1950s the company expanded into air-conditioning with water-cooled air conditioners.

Today Lennox International makes climate control equipment including heating, ventilation, air conditioning, and refrigeration (HVACR) for both commercial and residential customers under the brand names Lennox, Armstrong Air, Aire-Flo, Bohn, and Larkin. Products are sold through 7,000 dealers in the United States and Canada.

Since Lennox makes many of their products in factories located in Mexico, the cancellation of tariff’s by the Trump administration has many expecting their stock to rise significantly.

Lennox International trades publicly on the New York Stock Exchange under the ticker symbol LII, is a member of the S&P 400, is #689 in the Fortune 1000, has 11,450 employees, and had $3.30 billion in revenue in 2013.

The company settled a class action lawsuit regarding faulty coil units in 2016 without admitting any fault in the matter. While the company claims it was going to change from the thinner copper coils to the industry standard of aluminum coils, this apparently hasn’t taken place.

In July 2021, current CEO Todd Bluedorn announced that he would retire in 2022.

Headquarters for Lennox is located in Richardson, Texas.

Lennox International

History

Since Lennox makes many of their products in factories located in Mexico, the cancellation of tariff’s by the Trump administration has many expecting their stock to rise significantly.

In July 2021, current CEO Todd Bluedorn announced that he would retire in 2022.

Headquarters for Lennox is located in Richardson, Texas.