Taco finalizes rebranding, restructuring
February 3, 2016
Taco, Inc. has completed a structural reorganization, which starts with a change of name. Taco, Inc. is now Taco Comfort Solutions, a Taco Group Company. According to a release issued on February 3, the changes have been made to allow the company to diversify and enter into new industries and market channels.
Under the privately-held company’s new organizational structure, Taco Comfort Solutions is a part of the Taco Group. The Taco Group includes operations and sales offices in Canada, the U.S., Panama, Italy, Dubai, South Korea, China and Vietnam. Other worldwide elements of the Taco Group include Hydroflo Pumps/Fluid Solutions of Fairview, TN, Askoll/Taco Flow Solutions of Sandrigo, Italy and Taco Trading/Supply Chain Solutions Ltd. of Kowloon, Hong Kong.
“This is dynamic and exciting time for Taco,” said owner and chairman John Hazen White, Jr. “We are taking these actions from a position of strength and confidence to ensure Taco’s continuing success. As we do so, we will remain ever faithful and committed to the people and the core values that together have made Taco a great company. As Taco approaches its100th anniversary in business, we are no longer an American company based in RI but a global company based in the U.S.A.”
The company has also announced that the Taco Group has completed acquisition of Italian pump manufacturer Askoll’s indoor heating pump company. Now called Taco Italia SrL, the company uses the trade name Askoll/Taco Flow Solutions. Askoll’s patented ECM technology has already been employed in Taco’s recently introduced 00e Series high-efficiency circulator line.
Taco Comfort Solutions is branching out into vertical markets and channels, both in HVAC and non-HVAC. This was illustrated by its development of smart plumbing products that conserve water and provide instant hot water. Its Hydroflo Pumps/Fluid Solutions company manufactures pumps used in irrigation and agriculture applications.