A.O. Smith acquires Canadian water heater maker in nearly $200 million deal

The A.O. Smith headquarters in Milwaukee.

Last updated on October 22nd, 2021 at 01:32 pmMilwaukee-based A.O. Smith Corp. has acquired Giant Factories Inc., a Canada-based maker of residential and commercial water heaters. Giant has been a family-owned business since 1945 and had around $105 million in sales over the past 12 months. The company has more than 300 employees, primarily in

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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