Carrier's North America bus air-conditioning business, headquartered in York, Pa., had sales of approximately $60 million in 2010 and approximately 50 employees. It serves transit, inter-city, and school bus customers in the U.S. and Canada with a full line of rooftop, rear-mount and split system bus air-conditioning systems. After the transaction closes, production will transition to Mobile Climate Control from Carrier's manufacturing facility in Athens, Ga.
Tuesday, March 22, 2011
Carrier Corp. to sell its North America bus air-conditioning business
FARMINGTON, CT -- Carrier Corp. has entered into an agreement to sell its bus air-conditioning business in the United States and Canada to Mobile Climate Control, a subsidiary of Ratos AB, a Sweden-based financial investment company.
Carrier's North America bus air-conditioning business, headquartered in York, Pa., had sales of approximately $60 million in 2010 and approximately 50 employees. It serves transit, inter-city, and school bus customers in the U.S. and Canada with a full line of rooftop, rear-mount and split system bus air-conditioning systems. After the transaction closes, production will transition to Mobile Climate Control from Carrier's manufacturing facility in Athens, Ga.
Carrier's North America bus air-conditioning business, headquartered in York, Pa., had sales of approximately $60 million in 2010 and approximately 50 employees. It serves transit, inter-city, and school bus customers in the U.S. and Canada with a full line of rooftop, rear-mount and split system bus air-conditioning systems. After the transaction closes, production will transition to Mobile Climate Control from Carrier's manufacturing facility in Athens, Ga.
