RHEEM RECALLS TO REPAIR WATER HEATERS DUE TO FIRE AND BURN HAZARDS; SOLD EXCLUSIVELY AT HOME DEPOT

By |June 1st, 2016|Categories: News|

Rheem Manufacturing Company has issued a voluntary recall on certain electric water heaters, due to a potential fire risk. This recall involves Rheem branded Performance Platinum electric water heaters in 40, 50 and 80 gallon capacities, and they were sold exclusively at The Home Depot stores nationwide and online from January 2014 through April 2016. For more information: https://electric-water-heater-recall.com/ Rheem has recently learned that the thermostat control panel on certain Performance Platinum Water Heaters can overheat under certain circumstances. Accordingly, Rheem [...]

NIBCO & WEBSTONE COMPANY AQUISITION

By |June 1st, 2016|Categories: News|

NIBCO announced it has acquired the valve assets of Webstone Co. The transaction was finalized on May 23, 2016. The new business unit will be named, “Webstone, a brand of NIBCO.” “The acquisition will complement and enhance existing efforts NIBCO has put in place for superior design, innovation, and stability in residential, commercial, and industrial valves, while continuing to focus on patented engineered technology that meets high industry standards,” explained NIBCO Chairman and CEO Rex Martin. “We are confident that this acquisition will reinforce [...]