Sanhua Acquires American Tubing International
2018/07/24
Sanhua Holding Group has completed the purchase of American Tubing International, a Springdale, AR manufacturer of copper and aluminum assemblies for the HVACR industry.
Company officials, including SHG President Yabo Zhang, made the announcement last Thursday in Springdale during an event attended by local and state representatives, company employees and staff.
Sanhua will continue to operate the company as ATI, with plans to expand its North America HVACR business footprint. The ATI acquisition is like the 2013 Sanhua purchase of R-Squared Puckett Inc., a Mississippi-based manufacturer of precision aluminum heat exchange components. R-Squared has continued to operate and expand from its Puckett, MS base since being acquired by Sanhua.
“While we share many common customers, taking ATI products and marrying them with Sanhua, we will be able to give the market products they have not yet seen,” ATI President Chuck Lewis said. “If you looked inside an air-conditioning unit, all the tubing that carries refrigerant to and from the unit is made by us. The valves that control the movement of the refrigerant comes from Sanhua.”