Fedders Purchases Majority Of Islandaire, Introduces Air Conditioner

Anderson, Ashley
April 2005
Supply House Times;Apr2005, Vol. 48 Issue 2, p40
Trade Publication
Reports that Fedders Corp. has purchased a major percentage of stock of Islandaire Inc. Insights of Sal Giordano Jr., chairman and CEO of Fedders Corp. about the advantage of the acquisition to the expansion of the company; Change in the name of the latter company into Fedders Islandaire Co.; Introduction of the packaged terminal air conditioners and heat pumps.


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