Watsco and Carrier Form Joint Venture

Watsco, Inc. announced an agreement to form a joint venture with Carrier Corporation, a unit of United Technologies Corporation. This strategic partnership combines Watsco's distribution network with Carrier's manufacturing capabilities.

“On March 21, 2011, Watsco, Inc. (the “Company”) issued a press release announcing the execution of an agreement to form a joint venture with Carrier Corporation, a unit of United Technologies Corporation.”

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