UTICA — ECR International, a division of BDR Thermea, has announced its has been acquired by Granby Industries LP, a division of TerraVest Industries Inc., of Canada. The acquisition is an ideal fit for both parties, who are committed to bringing the most reliable and efficient heating products to the homes and businesses of their valued customers throughout North America, officials at both companies said.
“Trusted, dependable, high quality products will continue to be manufactured at both facilities in Utica and Dunkirk, New York,” the announcement added.
“ECR International is a strong business with a portfolio of successful brands, and we’re delighted to welcome its employees to the Granby family,” said Pierre Fournier, president of Granby. “ECR fits within our portfolio of businesses perfectly, and we look forward to nurturing its growth and further strengthening our position in the North American heating market.”
Following his career of leadership with ECR International, Ron Passafaro, president and CEO, will transition to retirement. Mitch O’Connor, who has served as vice president of operations, will take on the role of president. Paul Totaro, vice president and chief financial officer for ECR, will also retire, officials said.
ECR International has been manufacturing heating and cooling products for almost 100 years under a family of brand names including Utica Boilers, Dunkirk, Olsen, Pennco, RetroAire, Argo, and EMI. Since it was founded in 1954, Granby Industries has become the North American leader in the manufacturing and distribution of residential, light commercial and light industrial tanks for the safe storage and distribution of combustible liquids. With environmental concerns at the forefront, Granby Industries continues to follow a strict policy in its product offering and manufacturing processes to help protect the environment, the announcement added.