Watsco : to Present at the KeyBanc Capital Markets Industrial, Automotive & Transportation Conference
May 20, 2015 at 06:38 pm IST
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Regulatory News:
Watsco, Inc. (NYSE:WSO) (Paris: WSO) announced today that Barry S.
Logan, Senior Vice President, is scheduled to present at the KeyBanc
Capital Markets Industrial, Automotive & Transportation Conference being
held at the InterContinental Hotel in Boston on Thursday, May 28, 2015
at 10:00 a.m. (EDT). Internet users can listen to a live webcast of the
presentation at the Investor Relations section of Watsco’s website at http://www.watsco.com.
About Watsco, Inc.
Watsco improves indoor living and working environments with air
conditioning and heating solutions that provide comfort regardless of
the outdoor climate. Our solutions also promote healthier indoor spaces
by removing pollutants from the indoor air that can lead to asthma,
allergies and reductions in productivity. Furthermore, since heating and
cooling accounts for approximately half of the energy consumed in a
typical U.S. home, we offer consumers the greatest opportunity to save
money on energy by replacing existing air conditioning and heating
systems with more energy efficient and environmentally friendly
solutions.
There are approximately 89 million central air conditioning and heating
systems installed in the United States that have been in service for
more than 10 years. Older systems often operate below today’s government
mandated energy efficiency and environmental standards. Watsco has an
opportunity to accelerate the replacement of these systems at a scale
greater than our competitors as the movement toward reducing energy
consumption and its environmental impact continues. We operate from 569
locations in the United States, Canada, Mexico and Puerto Rico, with
additional market coverage on an export basis to Latin America and the
Caribbean. As the industry leader, significant growth potential remains
given that the estimated marketplace in the Americas for HVAC/R products
is approximately $35 billion. Additional information about Watsco may be
found at http://www.watsco.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150520005785/en/
Watsco, Inc. is engaged in the distribution of air conditioning, heating and refrigeration equipment and related parts and supplies (HVAC/R) with locations in the United States, Canada, Mexico, and Puerto Rico, and on an export basis to Latin America and the Caribbean. The Company sells products to the commercial refrigeration market, which include condensing units, compressors, evaporators, valves, refrigerants, walk-in coolers, and ice machines for industrial and commercial applications. It also sells a variety of non-equipment products including parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats, and air quality products. It distributes products manufactured by Flexible Technologies, Inc. (Flexible Technologies), Resideo Technologies, Inc. (Resideo), Copeland Corporation, LLC, The Chemours Company (Chemours), Mueller Industries, Inc. (Mueller), and Welbilt, Inc. (Welbilt), among others. The Company operates in approximately 692 locations.