Goodman Global
| File:Goodman Global logo.svg | |
| Company type | Private |
|---|---|
| Industry | HVAC |
| Founded | 1975 San Antonio, Texas, U.S. |
| Founder | Harold V. Goodman |
| Headquarters | Waller, Texas, U.S. |
Area served | United States, Canada |
Key people | Takeshi Ebisu (CEO) |
| Brands | Amana GMC Goodman Janitrol |
| Revenue | Increase $2.6 billion (2013) |
Number of employees | 5,000+ |
| Parent | Daikin |
| Website | www |
Goodman Manufacturing operates as a U.S.-based subsidiary under the umbrella of the Daikin Group, recognized globally as the largest producer of heating, ventilation and air conditioning equipment and systems.
The company’s headquarters are situated within the $417 million Daikin Texas Technology Park.
History
Harold V. Goodman established the company in 1975, initially focusing on manufacturing flexible air ducts and plastic blade registers.
Entering the HVAC sector in 1982 followed the acquisition of Janitrol, with a product line expansion in 1986 that incorporated gas heating systems.
After the passing of Harold Goodman in 1996, leadership transitioned to Frank H. Murray as chairman and CEO. Under his direction, Goodman acquired Raytheon Appliances—the forerunner to Amana Corporation—in 1997, broadening its portfolio to include appliances alongside HVAC products. The appliance division was divested to Maytag Corporation in 2001 to concentrate solely on HVAC offerings.
In 2004, Apollo Global Management purchased Goodman for around $1.43 billion. The company later launched its initial public offering on the New York Stock Exchange in April 2006.
Hellman & Friedman, a private equity firm based in San Francisco, acquired Goodman in October 2007 for $1.8 billion. Subsequently, in August 2012, Japan’s Daikin Industries Ltd. bought Goodman for $3.7 billion.
Starting in 2015, Daikin committed over $400 million toward building the advanced Daikin Texas Technology Park near Houston, Texas. Production commenced at this facility by October 2016, uniting Goodman’s manufacturing, engineering, logistics, and customer service operations under one 4.1 million square foot roof by 2017.
In 2017, Goodman extended its market presence through acquiring Motili, a firm specializing in property technology (proptech).
On April 1, 2022, Goodman officially changed its name to Daikin Comfort Technologies North America, Inc., signifying its full integration into Daikin’s North American structure.
Brands
External links
- Pages with broken file links
- Daikin
- Cooling technology
- Electronics companies established in 1975
- Heating, ventilation, and air conditioning companies
- Manufacturing companies based in Texas
- Private equity portfolio companies
- Apollo Global Management companies
- 1975 establishments in Texas
- 2006 initial public offerings
- 2004 mergers and acquisitions
- 2007 mergers and acquisitions
- 2012 mergers and acquisitions
- American subsidiaries of foreign companies
- Greater Houston