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.”
ATI has two facilities in Springdale and a third in Monterey, Mexico. The addition of more than 400 ATI employees will bring Sanhua North America headcount to more than 700.
Sanhua International was founded in 2002 as the North American subsidiary of Zhejiang Sanhua Co., Ltd., a publicly tradedglobal leader. Sanhua employs more than 17,000 people worldwide with 22 sales offices and 14 manufacturing locations, including North America facilities in Mississippi, Texas and Mexico. Sanhua is committed to work with world-class HVACR manufacturers to develop innovative, environmentally-friendly, energy-efficient solutions for a more comfortable environment.