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  September 5, 2001
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Home > Company Index > Materials & Construction > Plumbing & HVAC Equipment > Paloma Industries Limited

Paloma Industries Limited
 PROFILE
Running out of hot water is a rare occurrence for Paloma Industries, one of the world's top makers of gas-powered home appliances. The company's Rheem Manufacturing subsidiary is one of the largest residential hot water heaters makers in the US. Other natural gas-powered equipment made by Paloma Industries includes cooking stoves, rice cookers, space heaters, and swimming pool heaters. Rheem also makes residential air conditioners, heat pumps, and furnaces. Its commercial products include heat pumps and condensing units. Paloma bought Rheem from Pace Industries in 1988. It is owned by Japan's Kobayashi family.

 COMPETITION
A. O. Smith Corporation (AOS)
State Industries, Inc. (dossier)

 FINANCIAL OVERVIEW
2000 Sales (mil.): 2,180.00
1-Yr. Sales Growth: 12.9%
Employees: 10,000
Revenue per employee: $218,000.00

 KEY PEOPLE
• Toshihiro Kobayashi
    CEO

 CONTACT INFO
6-23 Momozono-cho, Mizuho-ku
Nagoya 467-8585, Japan
Phone: 81-52-824-5031
Fax: 81-52-824-4366
Online: Web Site

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