Cranston, RI, May 17, 2006 – Taco, Inc. is the 2006 recipient of two Awards by the international growth consulting company Frost & Sullivan, of Palo Alto, Calif. Taco President and CEO John Hazen White, Jr., accompanied by senior Taco managers, received the Awards on April 26 at an awards banquet held in Orlando, FL.
Taco received Frost & Sullivan’s 2006 Company of the Year Award for the hydronic solutions market and also the 2006 Market Leadership of the Year Award for North American HVAC circulator pumps market.
Frost & Sullivan’s Company of the Year Award within hydronic solutions is given to a company that has “exhibited excellence in all operations, specifically for “exhibiting outstanding management, consistent growth, and having a positive social and economic impact on local and national communities and customers.”
“The strength of Taco lies in its broad product portfolio,” said Frost & Sullivan’s Industry Manager Kishan Bhat. “The company’s focus to provide an entire solution for HVAC customers has enabled it to position itself as the market leader within the hydronic solutions space.”
To receive the market Leadership Award for North America for HVAC Circulator Pumps, a company must exhibit “market share leadership through the implementation of a market engineering strategy” and to have displayed “excellence in all areas of the market leadership process, including the identification of market challenges, drivers and restraints, as well as strategy development and methods of addressing these market dynamics,” according to Frost & Sullivan.
“Customers have repeatedly recognized Taco for its excellence in providing robust products and services that are the hallmark of innovation,” according to Arun Kumar of Frost & Sullivan.
“These Awards mean a lot to us at Taco,” said John Hazen White, Jr. “Frost & Sullivan is a world class outfit, and you don’t apply for these Awards – Frost & Sullivan selects you as the best. So this is a real win for Taco because it demonstrates that a small company can still be the best out there.”
Taco, Inc., in business since 1920, is a privately owned and operated company developing and manufacturing a wide range of equipment for use in hydronic applications worldwide.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company’s industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. For more information on the 2006 Awards, visit www.awards.frost.com.