Germany-based Bosch recently bought Fort Lauderdale, Fla.-based FHP Mfg. Co., a manufacturer of electric geothermal heat pumps, to strengthen Bosch’s thermotechnology division.
American Standard announced last month that the $11 billion toilets-to-brakes conglomerate dating back to the 19th century would sell its well-known bath-and-kitchen division, spin off its vehicle controls group and rename itself Trane after the flagship brand name of the one business it will keep.
“Plumbing-Heating-Cooling-Opoly,” a board game that mimics the famous Monopoly board game, is the latest fundraiser from the Plumbing-Heating-Cooling Contractors National Auxiliary.
Jacuzzi Brands announced that it has reached an agreement in principle to settle four class-action stockholder lawsuits, which were filed just days after the company announced a proposed merger with an Apollo Management subsidiary last fall.