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The first mini-split system was sold in 1961 by Toshiba in Japan, and the first wall-mounted mini-split air conditioner was sold in 1968 in Japan by Mitsubishi Electric, where small home sizes motivated their development. The Mitsubishi model was the first air conditioner with a cross-flow fan.
In June 1997, 12 companies were merged into the newly-formed Comfort Systems USA, which then became a public company via an initial public offering. [4] [5]In February 2002, after a decline in business after the September 11 attacks and facing $205 million in debt due the following year, the company sold 19 subsidiaries to Emcor for $164 million in cash and the assumption of $22 million of debt.
A heating system is a mechanism for maintaining temperatures at an acceptable level; by using thermal energy within a home, office, or other dwelling. Typically, these systems are a crucial part of an HVAC (Heating, Ventilation, and Air Conditioning) system.
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Also in March 2014, LaserShip acquired Cleveland-based last-mile delivery company Prestige Delivery Systems, [9] further expanding services to Ohio, Kentucky, Michigan and Indiana. As of 2016, LaserShip had 63 distribution centers and four sorting centers servicing 22 states and Washington, D.C. , [ 10 ] and handled deliveries for Amazon's Same ...
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