Carrier purchases manufacturer of heat exchangers in South Africa.FARMINGTON, Conn.--(BUSINESS WIRE)--Oct. 24, 1996--Carrier Corp. announced today the purchase of RECAM, a South African-based manufacturer of heat exchangers for the commercial refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. market. RECAM is located in Booysens, just south of Johannesburg, and employs 136 people. Financial details of the purchase were not disclosed. Headquartered in Farmington, Conn., Carrier is the world's largest manufacturer of heating, ventilating ventilating Natural or mechanically induced movement of fresh air into or through an enclosed space. The hazards of poor ventilation were not clearly understood until the early 20th century. Expired air may be laden with odors, heat, gases, or dust. , air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. and transport refrigeration equipment. It is a subsidiary of United Technologies, a provider of a broad range of high-technology products and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services in the building systems, aerospace and automotive industries. CONTACT: Carrier Corp. Jon Sandberg, 203/674-3132 (work) 203/537-5862 (home) |
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