Fedders Corp. acquires assets of Addison Products Co. from Heat Controller

Fedders Corp. purchased the assets of Addison Products Co., a division of Heat Controller Inc., renaming it Fedders Addison Co. The commercial HVAC manufacturer had roughly $21 million in sales for the 12-month period ended Sept. 30 and joins a new Fedders Commercial HVAC business unit.

“LIBERTY CORNER, N.J. - Fedders Corp. announced it has purchased the assets of Addison Products Co., a division of Heat Controller Inc.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.