SUMMARY: The Commission will consider a Memorandum Opinion and Order concerning an Application for Review filed by AERCO
Broadcasting Corporation seeking review of a Forfeiture Order issued by the Enforcement Bureau.
The knowledge derived from the program is put into action throughout AERCO
," McGrath notes.
Water technology company Watts Water Technologies Inc (NYSE:WTS) signed a definitive agreement to acquire AERCO International Inc in an all-cash transaction of USD264.
AERCO is a portfolio entity of the Riverside Company and the consummation of the acquisition is subject to customary closing conditions and will close before the end of this year, the company said and added that AERCO based in Blauvelt, New York, manufactures different high-efficiency commercial boilers and water heaters that are distributed mainly in the US.
Pursuant to the terms of the purchase agreement, the company said it will acquire 100% of the share capital of AERCO on a debt/cash free basis, besides, the purchase price is subject to a customary net working capital adjustment.
The addition of AERCO
will allow Watts to expand its product portfolio to the heat and hot water heating offerings, while at the same time strengthening the company's ability to offer a complete range of solutions to its clients, said Watts CEO Robert J.
HVAC--For installations that require 300,000 to 1 million BTUs per hour, AERCO
offers its Modulex[TM] line of condensing borers.
To support environmentally sound, energy-efficient, hydronic space heating in large commercial applications, AERCO
has introduced a 3.
C-More[TM] Control System leverages state-of-the-art electronics technology to control, check, communicate, and capture operating and trending information for AERCO
boilers and water heaters.
AERCO Automates Order Taking Process Via the Web, Enhances
Glovia International, a subsidiary of Fujitsu and a leading provider of extended ERP solutions for engineer-to-order and high volume manufacturers, announced today that AERCO International, Inc.
Glovia has enabled AERCO to increase visibility into its operations, improving cost control and decision-making dramatically while enabling the company to understand its true costs and operational performance.