Watsco, Inc. (NYSE: WSO) announced today it will host an investor and
analyst meeting on Monday, November 10, 2014 at JPMorgan Chase’s
Conference Center in New York City from 12:00 p.m. to 2:00 p.m. by
invitation only.
Presenters will include various members of Watsco’s management team.
They will discuss Watsco’s history, growth strategy and a question and
answer session will also be held to provide insight into the company.
An audio webcast and presentation slides will be available on our
website, http://www.watsco.com.
Watsco improves indoor living and working environments with air
conditioning and heating solutions that provide comfort regardless of
the outdoor climate. Since heating and cooling accounts for
approximately half of the energy consumed in a typical United States
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 more
than 570 locations in the United States, Canada, Mexico and Puerto Rico.
We also export products 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 $35
billion. Additional information about Watsco may be found at http://www.watsco.com.
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.