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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.
This decision marks a significant milestone in the company’s journey to scale its business while staying true to its roots as an independent wholesale distributor.
The standard applies to hydronic heating and cooling, chilled water, water service lines, hot-and-cold water distribution, irrigation systems, and other related fluid transport applications.