Taco Inc., the Cranston, R.I.-based manufacturer of hydronic-based equipment and systems, recently announced its purchase of Hydroflo Pumps, the Fairview, Tenn.-based manufacturer of vertical and submersible turbine-driven pumps for use in HVAC, municipal water systems, agricultural irrigation, and mining operations.
Hydroflo, which was started in 1998 by Brian Daschner, who is staying on as chief executive officer, maintains assembly and distribution facilities in Fairview; Culver, Ind.; Marion, Ark.; Grand Island, Neb.; Brownfield, Texas; and Fresno, Calif., and a sales and distribution facility in Panama Pacifico.
“We have been doing business with Hydroflo for a couple of years now, providing products to meet each other’s needs, and we saw a mutual opportunity through this acquisition to grow both Hydroflo and Taco,” John Hazen White Jr., owner of Taco, said. “It opens up whole new markets for Taco and allows us to invest in Hydroflo to boost its pump technology and increase its business in all the markets it serves.”