Industry News | August 24, 2009

Cooler Manufacturer Added to Refrigeration Company Umbrella

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Rainey Road LLC, which owns and operates CrownTonka Walk-Ins and ThermalRite, announced the acquisition of International Cold Storage (ICS), manufacturer of one-piece walk-in coolers, from Carrier Commercial Refrigeration Inc., a subsidiary of Carrier Corporation.

All three companies, CrownTonka, ThermalRite, and ICS, will operate as separate entities, providing a complete portfolio of cold storage products to the grocery, convenience store, foodservice, institutional, scientific, and industrial industries. The ICS management team, under the leadership of general manager Kevin Wilson, will continue to lead the organization.

“This was a strategic move to expand our portfolio offering by providing more cold storage solutions for our customers,” says Herb Kahler, chairman of Rainey Road LLC. “In addition to its unique one-piece walk-in, ICS brings a strong management team, a reputation for quality products, and superior customer service. Our goal is to offer quality walk-ins and specialty storage structures that provide stellar value and exceed our customers’ expectations.”

“This acquisition is a positive move, allowing ICS to grow and reach its full potential,” Wilson says. “By utilizing CrownTonka and ThermalRite’s sales channels, we will be able to get more product exposure in the market place.”

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