SNAPPY COMPLETES FINAL STAGES OF BUSINESS RESTRUCTURING
Posted on 9/09/2015.
Snappy Air Distribution Products (www.snappyco.com), a leading supplier of metal pipe for the residential HVAC market, has concluded the final stages of its business restructuring, a process that has returned the company to profitable operations.
“As a result of the business restructuring, Snappy has returned to profitability, and is ready to provide current and future customers with quality products and services from our best-in-class manufacturing facilities in Detroit Lakes, MN, and Medina, NY,” said incoming Chief Executive Officer Chris Thomas, who will continue to serve as chief financial officer. “We are now able to explore strategic alternatives that align with the rebound in the United States economy.”