News

Danfoss Hydronic Heating and Danfoss Electric Heating Divisions Merge Into Danfoss Heating Division

TORONTO-(Business Wire)-October 2, 2008 - Danfoss, Inc. today announced that it will be combining its North America Heating divisions into one, unified division with headquarters in Toronto, Canada and Baltimore, MD. The merger will take advantage of the inherent synergies between the two divisions allowing a full offering of heating products and solutions that will benefit manufacturing reps, distributors and the end user.

Danfoss further announced that Lyle Moroz, current Vice President of the Danfoss Electric Heating Division will be promoted to Vice President of the newly combined Heating Division. Lyle Moroz, who is a Professional Engineer and MBA graduate, has been with Danfoss for four years and has more than 15 years experience in the electrical and construction industry, most recently serving as an executive for Square D / Schneider Electric.

According to Jacob Madsen, Global VP of Sales and Marketing at Danfoss, “We believe that this reorganization will make us more customer-focused and truly solutions-oriented. Lyle’s leadership skills and solid business sense make him an invaluable member of the Danfoss team. With his strategic guidance, he’ll be instrumental in guiding this reorganization and ensuring our customers fully benefit from it.”

About Danfoss

Headquartered in Denmark, Danfoss is one of the world's leading manufacturers of electronic and mechanical components and control systems for refrigeration & air-conditioning, heating, and motion controls. Danfoss operates in more than 100 countries, employs over 20,000 people, and holds more than 1800 patents on a wide range of products. For more information please visit www.danfosslx.com or na.heating.danfoss.com.

Send this news item to a friend.

Print This Page