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

The A.O. Smith headquarters in Milwaukee.
Milwaukee-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…

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He spent also 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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