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Commercial Water Heater, natural gas, 75 gallon Bradford White MAGNUM series | $550.00 | 0 | 1d 13h 47m |
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LOCHNIVAR HSX18-082 82 GAL COMMERCIAL WATER HEATER, NEW IN CRATE | $968.90 | 7d 9h 52m | |
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A O Smith Commercial Storage Tank Water Heater 119 Gallon | $1,800.00 | 0 | 2d 13h 40m |
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AO Smith BTH-250 Cyclone NG Commercial Water Heater | $5,805.00 | 21d 2h 55m | |
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Commercial H2OT SHOT Instantaneous Tankless Hot Water Heater/ Process Technology | $1,000.00 | 1 | 3d 3h 50m |
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AO Smith BTX-80 Cyclone NG Commercial Water Heater | $1,799.10 | 21d 3h 24m | |
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Commercial Electric water heater | $500.00 | 0 | 3d 7h 43m |
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AO Smith BTH-120 Cyclone NG Commercial Water Heater | $3,555.00 | 21d 3h 14m | |
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AO Smith 100 Gallon Gas Water Heater CYCLONE Used Commercial EXCELLENT Condition | $1,487.65 | 0 | 4d 15h 4m |
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AMERICAN STANDARD COMMERCIAL WATER HEATER D100-83 | $999.00 | 13d 11h 34m | |
Water heater maker A.O. Smith Corp. said on Tuesday that it will acquire boiler maker Lochinvar Corp. for $418 million.
The deal does not include the privately held company's existing debt, A.O. Smith said. The deal should add to A.O. Smith's profits by 10 cents per share starting in the fourth quarter, except for one-time accounting charges related to the purchase, and 40 cents to 50 cents per share in 2012.
Lochinvar makes high-efficiency boilers used for commercial and residential heating and hot water use.
The deal is expected to close in the third quarter of this year.
Chairman and CEO Paul W. Jones said buying Lochinvar fits with his company's strategy "to expand our core product offering with new technologies, which emphasize high-efficiency products that can be applied globally."
He said the deal is a "significant first step" in the growth of its water heating business and using the cash from selling its electrical products unit.
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PrimeGlo HLB-2650-SS Commercial Propane Patio Heater | $499.00 | Air & Water | The PrimeGlo HLB-2650-SS commercial propane patio heater has a 36 inch heavy-duty aluminum reflector shield versus a standard 33 inch for better heating coverage! |