Watsco : to Present at the J.P. Morgan Aviation, Transportation & Industrials Conference
March 03, 2016 at 07:31 am
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Watsco, Inc. (NYSE:WSO) announced today that Barry S. Logan, Senior Vice
President, is scheduled to present at the J.P. Morgan Aviation,
Transportation & Industrials Conference being held at the J.P. Morgan
Conference Center in New York City on Wednesday, March 9, 2016 at 10:10
a.m. (ET). 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. 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. This is especially important since heating and cooling
accounts for approximately half of the energy consumed in a typical U.S.
home.
Watsco’s traditional sales channel is through one of its 566 locations
in the United States, Canada, Mexico and Puerto Rico, and on an export
basis to Latin America and the Caribbean. This network has been built
over the last 25 years and serves 88,000 active customers. Watsco is
developing and investing in technologies to enable sales via e-commerce,
on-line marketplaces and through the retail sales channel. As the
industry leader, we believe that significant growth potential remains
given that the marketplace for HVAC/R products at the consumer level is
estimated to be $80 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/20160303005093/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.