Ten years ago, on July 1st, 2009, two industry leaders – Watsco (NYSE: WSO) and Carrier (NYSE: UTX) – joined forces to create Carrier Enterprise, or “CE” as it has come to be known. In his message to employees, John Bartro, President of CE, reflects upon CE’s remarkable achievements in those ten short years designed to help their customers grow, with much more to come as they begin their next chapter….
Carrier Enterprise distributes Carrier, Bryant and Payne branded residential, light-commercial and applied commercial HVAC products in 28 states, Puerto Rico, and Canada, with additional market coverage on an export basis to Latin America and the Caribbean.
Watsco is the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations in the United States, Canada, Mexico and Puerto Rico, and on an export basis to Latin America and the Caribbean. Watsco estimates that over 300,000 contractors and technicians visit or call one of its 575 locations each year to get information, obtain technical support and buy products. HVAC/R products provide comfort to homes and businesses regardless of the outdoor climate. Older systems often operate below today’s government mandated energy efficiency and environmental standards. Watsco has an opportunity to accelerate the replacement of these systems at a scale greater than its competitors as the movement toward reducing energy consumption and its environmental impact continues. This is especially important since heating and cooling accounts for approximately half of the energy consumed in a typical U.S. home. Additional information about Watsco may be found at http://www.watsco.com.