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Old 02-02-2012, 05:13 PM   #1
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Goodman in hot water?


http://www.chron.com/news/houston-te...sh-2932135.php

This guy is the heir to Goodman manufacturing which obviously is in Houston.

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Old 02-02-2012, 08:45 PM   #2
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Goodman in hot water?


Thats the guy?

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Old 02-02-2012, 09:07 PM   #3
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Goodman in hot water?


Yup. I know, I was just as shocked. I'm wondering if this can affect the business of Goodman Manufacturing itself?
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Old 02-02-2012, 09:14 PM   #4
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Goodman in hot water?


I read about the the low life and his girl friend,just never saw the part about goodman.
Ive sold/installed a lot of goodman stuff over the years,but hearing this i personally would rather not put money in this scum bags pocket anymore
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Old 02-03-2012, 08:15 AM   #5
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Goodman in hot water?


gUYs...Goodman family sold the company along time ago. Some of the Goodman family stayed on after the sale, but they own no share of the company.
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Old 02-03-2012, 08:19 AM   #6
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GOODMAN MFG: Started by contractor Harold Goodman in 1982, purchased from the Goodman family in 2004 by Apollo Management, now owned by Goodman Global.
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Old 02-03-2012, 10:29 AM   #7
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Goodman in hot water?


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GOODMAN MFG: Started by contractor Harold Goodman in 1982, purchased from the Goodman family in 2004 by Apollo Management, now owned by Goodman Global.
Goodman Global, is owned by Hellman and Friedman, a private company.

The Goodman family doesn't have anything to do with its operations today.
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Old 02-03-2012, 11:16 AM   #8
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Goodman Global, is owned by Hellman and Friedman, a private company.

The Goodman family doesn't have anything to do with its operations today.

Regardless of who owns Goodman, I still wonder if this catastrophe will affect their business.
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Old 02-03-2012, 11:27 AM   #9
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Goodman Global, is owned by Hellman and Friedman, a private company.

The Goodman family doesn't have anything to do with its operations today.

Btw, do you have literature stating that the family has nothing to do with it's operations?
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Old 02-03-2012, 11:29 AM   #10
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Goodman in hot water?


Obviously this is an older article but this is what I thought was going on.


In 2000 the Goodman Holding Company was reorganized into four divisions. Garland I. Winningham served as the president and chief executive of the Goodman Manufacturing Division and also as the interim head of the Amana Heating and Air Conditioning Division. The other two divisions were the Quietflex Division and the Amana Home Appliances Division.

The four divisions reported to John B. Goodman, the chairman, president, and CEO of Goodman Holding Company since 1999. Goodman was the son of the company's deceased founder Harold V. Goodman.
Although the Goodman family retained ownership of the firm, outside investors also played a role. For example, as of January 31, 1997 international mutual fund company GT Global, Inc. owned 2.85 percent of Goodman Manufacturing's net asset value through its GT Global Floating Rate Fund.
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Old 02-03-2012, 11:35 AM   #11
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Regardless of who owns Goodman, I still wonder if this catastrophe will affect their business.

Only if people keep spreading false rumors.
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Old 02-03-2012, 11:38 AM   #12
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Goodman was founded in 1975 as a manufacturer of flexible air ducts and plastic blade registers. In 1982, the company acquired Janitrol and entered the HVAC market, expanding its product offering in 1986 to include gas heating products.
In 1997, Goodman acquired Raytheon Appliances, the predecessor of Amana Corporation, a manufacturer of appliances and HVAC units. Four years later, in 2001, Goodman separated its appliances business from its HVAC business and would sell the appliances business to Maytag Corporation. [1]
In 2004, Goodman was acquired by Apollo Management, a private equity firm for approximately $1.43 billion.[2] Just a year and a half later, in April 2006, Goodman completed an initial public offering, listing on the New York Stock Exchange.[3]
In October 2007, Goodman agreed to be acquired by Hellman & Friedman a San Francisco-based private equity firm in a $1.8 billion transaction.[4]. The company is currently privately owned by Hellman & Friedman.
Goodman has recently added Whirlpool to its list of brand offerings. This move was made so Goodman Distribution can sell a product similar to the Amana brand in states where other distributers have exclusive rights to sell Amana.
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Old 02-03-2012, 12:18 PM   #13
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Who cares ant way? The Janitrol Era is long since forgotten. They had their problem and every body should get over it

No this won't affect sales for the Goodman line.
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Old 02-03-2012, 12:33 PM   #14
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Goodman in hot water?


http://www.bloomberg.com/news/2010-1...-from-h-f.html
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Old 02-03-2012, 12:34 PM   #15
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Only if people keep spreading false rumors.

John Goodman drinking and driving and thus killing someone is false? I'll be sure and take The Houston Chronicle to court!

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