๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Borets-Weatherford selects Tulsa for North American HQ


Book ID
104401064
Publisher
Elsevier Science
Year
2010
Tongue
English
Weight
140 KB
Volume
2010
Category
Article
ISSN
1359-6128

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โœฆ Synopsis


prompted us to evaluate the potential sale of our motor business, with the expectation that we would reinvest the proceeds into high growth opportunities."

With the sale of its electrical products business, AO Smith's core business will be manufacturing residential and commercial water heating equipment and water purification equipment, which reported sales of US$1.1 billion for the first nine months of 2010.

AO Smith will use the proceeds from the proposed sale to explore opportunities in high growth markets and expansion into new geographies and adjacent technologies, with an emphasis on water-related technologies.


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