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The Company (including its subsidiaries) is engaged in the manufacture and sale
of air-conditioning and heating equipment consisting of standardized and custom
rooftop units, chillers, air-handling units, make-up air units, heat recovery
units, condensing units, coils and boilers.
Products and Markets
The Company's products serve the commercial and industrial new construction and
replacement markets. To date virtually all of the Company's sales have been to
the domestic market, with foreign sales accounting for less than 5% of its sales
in 2007.
The rooftop and condenser markets consist of units installed on commercial or
industrial structures of generally less than 10 stories in height. Air-handling
units, chillers, coils and boilers are applicable to all sizes of commercial and
industrial buildings.
The size of these markets is determined primarily by the number of commercial
and industrial building completions.
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