matt lattanzi nortek/tech service update. nordyne and nordyne international are now nortek global...
TRANSCRIPT
Matt Lattanzi Nortek/Tech Service Update
• NORDYNE and NORDYNE International are now Nortek Global HVAC• Why?
– Nortek has become a much more integrated company– Better market recognition– Opportunities to collaborate and cross sell– Easier creation of internal efficiencies– Stronger negotiating power with suppliers
• Impact on customers– Business as usual– Customer agreements are unaffected– New name and logo on our business documents– New email addresses
Nortek Update(name change)
Nortek History
NGH1919
Broan1932
MammothNuTone
Governair1936-37
Ergotron1982
Huntair1993
Ventrol1998
2GIG2007
• Nortek was established in 1967 and is headquartered in Providence, RI.
• Today, Nortek has 25+ operating companies, 50+ locations• From cleaner air to clearer sound systems, Nortek brands deliver
a wide, diverse range of innovative lifestyle improvements for home and at work
• Nortek operates through facilities across North America, Latin America, Europe, and Asia, with 10,000 employees
• Traded on Nasdaq, under ticker, NTK
Nortek1967
Nortek Business Overview
Nortek Structure
Air Quality & Home Solutions
Security, AV & Control
Ergonomic & ProductivitySolutions
Residential & Commercial HVAC
Custom & Commercial Air Solutions
Residential Education Healthcare Commercial Data Centers
5 Segments
5 Primary Markets
Air Management Segments in Highlighted in Gray
Other Nortek Segment Brands
Nortek Air Management Segments
Air Management Brands
AQH26% RC
H18%
CAS21%
TSG23%
EPS12% 68% of Nortek’s Revenue in
2013Was Generated by Nortek’s “Air
Management” Businesses
Nortek Global HVAC
Nortek Global HVAC Sales By Product Type
7%Compressor Bear-
ing
Coil Bearing
Heating
Engineered
PartsOther
3%
41%
8%
30%
12%
6%
• Nortek Global HVAC, formerly NORDYNE was founded in 1919 as International Oil Heating Company
• Purchased by Nortek in 1985• Has 1,700 employees with operations in the U.S., U.K., France,
Belgium and Mexico.• Sales offices in Canada, Miami, Puerto Rico, Mexico, Brazil, Argentina
and Australia. And, a design center in Shanghai• Headquartered in O’Fallon, MO• Manufactures residential and light commercial HVAC products
Residential & Commercial HVAC
Overview & History
Facilities
Warranty/Tech Service Update
• Effective 1/13/2015, April Douglas was promoted to Warranty Manager.
• After 44 years of service, Keith Skipper has retired!
• Doug Priestley is our new Technical Services Manager
• Matt Lattanzi is no longer responsible for product management
• David Street: Vice President of Product Management– Tim Alford: Product Manager Split Systems, Air Handlers and Coils– John Remley: Product Manager Package Equipment and Furnaces– Dave Garvin: Product Manager Light Commercial– John Pas: Product Manager Unit Heaters– John McKissack: Product Manager Engineered Systems
Thank You