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ICM March-April 2016

News... Taco®, Inc. changes its name to Taco Comfort Solutions™, a Taco Group Company. Taco®, Inc. has changed its name to Taco Comfort Solutions™, a Taco Group Company. The new name reflects Taco’s long experience and commitment to provide optimal indoor comfort while pursuing the highest efficiency in products that save energy and resources. Under the privately-held company’s new organizational structure, Taco Comfort Solutions is a part of the Taco Group. Other worldwide elements of the Taco Group include Hydroflo Pumps/Fluid Solutions™ of Fairview, TN, Askoll/Taco Flow Solutions™ of Sandrigo, Italy and Taco Trading/Supply Chain Solutions Ltd. ™ of Kowloon, Hong Kong. The Taco Group includes operations and sales offices in the U.S., Canada, Panama, Italy, Dubai, South Korea, China and Vietnam, making Taco a global brand. Additionally, the Taco Group’s biggest move is its acquisition of Italian pump manufacturer Askoll®’s indoor heating pump company. Now called Taco Italia SrL and using the trade name Askoll/Taco Flow Solutions™, Taco is now in the European hydronics market. In addition to expanding its core business in heating and cooling through its acquisition of Askoll’s indoor heating business and entry into the European HVAC market, Taco Comfort Solutions intends to pursue growth and diversification through additional new partnerships and acquisitions, and to diversify by branching out into vertical markets and channels, both in HVAC and non- HVAC. ICM ICM/March/April 2016 25


ICM March-April 2016
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