California Hydronics Corporation (CHC) Announces Territory Exchange with Gritton & Associates
Press Release September 15, 2020
The territory exchange with Gritton & Associates, will expand the California Hydronics Corporation territory to include the entire state of Nevada while expanding Gritton & Associates territory to include Idaho and Montana.
Hayward, CA – September 15, 2020 – California Hydronics Corporation (“CHC”), a leading provider of the highest performing solutions in hydronic, steam, HVAC and plumbing systems to engineers, contractors and end-users, today announced successful negotiations with Gritton & Associates to exchange CHC’s Idaho and Montana territory coverage for coverage of the state of Nevada. The two companies are excited by the exchange, which will enhance and further highlight each company’s strengths.
“This Territory Exchange continues to execute on CHC’s strategy of providing customers with a full spectrum of product solutions, in a market that aligns with CHC’s scope of expertise in commercial construction.” said Bob Polizzi, California Hydronics Corporation CEO.
“Nevada will continue to grow and evolve. Las Vegas is a world class destination, bringing CHC opportunities for growth in partnership with the good people of Nevada. CHC offers the latest innovations of environmentally conscious technologies, particularly in commercial building operations. CHC has built a reputation of representing premier lines of cutting-edge products and we are extremely excited to bring these products and system solutions to the Nevada territory.” said Mike Petterson, California Hydronics Corporation VP of Sales & Marketing.
“By expanding our footprint into Idaho and Montana, Gritton & Associates will be able to offer more of our products and customer service to one of the fastest growing areas of the United States. We are excited to develop new relationships and provide our 60 years of HVAC, Plumbing and Steam expertise.” said Keith Gritton, Gritton & Associates President.
The Boards of Directors of CHC and Gritton & Associates have approved the transaction which is expected to close in October 2020.
· Learn more about the CHC’s product portfolio and visit our website (CHC Product Lines) and follow us on Twitter, Facebook, and LinkedIn
· Learn more about the Gritton & Associates product portfolio on our website (Gritton Product Lines)
Headquartered in Hayward, California, CHC is a leading provider of mechanical equipment. With a rich set of hydronic, steam and plumbing solutions, long-term business relationships with engineers, contractors, manufacturers and end users, CHC delivers business improvements to drive growth. CHC and its 150 employees serve customers in 6 states throughout the United States. For more information, visit CHC at https://www.chchydro.com/
About Gritton & Associates
Headquartered in Salt Lake City, Utah, Gritton & Associates is a family owned and operated manufacturer’s representative for the residential, commercial and industrial markets. With expertise and product lines that are focused on HVAC, plumbing and steam systems. Read more at http://gritton.com/
CHC Corporate Marketing Manager