A. O. Smith Acquires Canadian Water Heater Manufacturer

Global water technology company A. O. Smith Corporation has acquired Giant Factories, Inc., a Canadian manufacturer of residential and commercial water heaters. “The addition of Giant strengthens our leadership position as a global supplier of residential and commercial water heaters. The acquisition also supports our corporate strategy by increasing our North America market penetration, creating additional capacity and enhancing our distribution capabilities,” says Kevin J. Wheeler, chairman and chief executive officer of A. O. Smith. A family-owned business that was founded in 1945, Giant markets its water heaters under the Giant brand and manufactures its products at two facilities in Montreal, QC.