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The acquisition is part of ARI‘s strategic plan to expand its presence in the USA and strengthens its position as a global player in the valve industry.
Kip Miller, Eastern’s current president and CEO, who has led the company for 37 years, will be stepping back from day-to-day operations on Oct. 1, 2024, as Caleb Owen, executive vice president, takes the reigns as president.
Consumers in northern regions can use incentives such as rebates and tax credits ranging from around $2,000-$8,000 depending on location and eligibility to purchase these high-efficiency units.