As part of its three-pronged effort to improve operating efficiency and profitability, Watsco announced that it will close and integrate seven locations in the first half of 2001.
As part of its three-pronged effort to improve operating efficiency and profitability, Watsco (Coconut Grove, Fla.) announced that it will close and integrate seven locations in the first half of 2001. These initiatives include retaining valuable customers and key employees of the affected locations.
During 2000, Watsco completed the closure, consolidation and integration of 25 locations to reduce overlap in certain markets, eliminate underperforming locations, simplify the operating structure of certain business units, cut operating costs and reduce inventory levels.