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Other Aug 2015 Verified

Nortek Restructures Custom Air Operations

Nortek is restructuring certain of its Custom Air operations and addressing non-strategic, unprofitable product lines to improve overall profitability.

“We have made a lot of progress streamlining our portfolio and addressing non-strategic, unprofitable product lines, including the restructuring of certain of our Custom Air operations that we announced last quarter.”

Entities

Nortek, Inc. · Parent
HVAC Sentiment: Neutral

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