
July, 2010 Issue
McQuay International acquires HydroKool of Phoenix
Jayme Cook
HVACR Today
On June 15, McQuay International, a member of the Daikin Group and a global provider of innovative energy efficient HVAC products and solutions to the commercial and industrial markets, announced the acquisition of HydroKool, LLC, a custom HVAC solutions manufacturer headquartered in Phoenix. Tri-City Mechanical, a division of Comfort Systems USA, previously owned HydroKool.
HydroKool manufacturers custom pre-engineered HVAC solutions, including McQuay s Modular Central Plants, a popular alternative to site-built central plants. HydroKool s design and flexible manufacturing capabilities will be expanded to support McQuay Solutions Group.
Our customers have asked us for highly-efficient, custom packaged HVAC solutions for their commercial and industrial applications. The acquisition of HydroKool greatly expands our own in-house manufacturing capabilities to deliver these solutions and meet customer needs, said Ron Hanlon, chief operating officer, McQuay Americas. Integrating HydroKool s extensive design and manufacturing expertise will also strengthen our custom application platforms. McQuay Vice President of Marketing Don Winter agreed that this endeavor is an exciting prospect.
The acquisition of HydroKool gives us the opportunity to better serve our customers, he said. It s more than just products. We believe our customers have a business to run and we need to offer outstanding service so they are able to run those businesses. We have the desire and intention to be the number one HVAC manufacturer globally, and this brings us one step closer to that goal. McQuay also announced in June that Mo Luqionam has joined the team as Solutions Group Vice President. In his new position, Luquionam will be working with the newly acquired HydroKool.
This acquisition is part of a holistic approach to solutions that we offer at McQuay, said Luqman. We take the customer s perspectives and develop a total offering of solutions. With HydroKool s long-standing relationship with McQuay, the acquisition seems fitting and natural.
We are very excited about the future opportunities this will create for everyone who has worked diligently to create a superior product that represents the future of the HVAC industry, said Joe Nichter, president of Tri-City Mechanical. Combining highly-efficient chillers, like the Daikin McQuay Magnitude Magnetic Bearing Chiller with HydroKool s pre-engineered system design expertise will allow McQuay to provide unique solutions for many new customers.
|