A company by another name
BOSTON - Four months afterÃ‚Â Schneider ElectricÃ‚Â purchased Andover Controls, it has merged the building automation company with its other business in that sector - TAC - and given both a new identity.
Now both companies will be known as Tour Andover Controls - a name that draws from a previous identity of TAC, Tour & Andersson Controls, and the brand recognition of Andover Controls.
Ã¢â‚¬Å“ItÃ¢â‚¬â„¢s a nice tip of the hat for both of the companies, as well as recognizing brand awareness,Ã¢â‚¬Â said Rick Focke, marketing director of Tour Andover Controls.
The new identity for the company, which employs 2,700 people worldwide with offices in 70 countries and has a $700 million projected revenue in 2004, is not the only change. According to Dean Meyer, president of the company, organizational changes on the front office side, such as forming a new management team, were recently completed.
Ã¢â‚¬Å“WeÃ¢â‚¬â„¢ve done all the easy stuff,Ã¢â‚¬Â Meyer said. Ã¢â‚¬ËœWe have touched upon the front office stuff pretty well. And then over the course of the next six months we have the hard stuff to do.Ã¢â‚¬Â
That process includes such tasks as working out legal matters and integrating benefits packages. According to Meyer, all the work to integrate the two organizations is worth the toil.
Ã¢â‚¬Å“These things are never easy and there is always a lot of emotion involved,Ã¢â‚¬Â Meyer said. Ã¢â‚¬Å“Overall from old and new, we hit a home run on the why. Now we have some implementation to do.Ã¢â‚¬Â
Meyer said the Ã¢â‚¬Å“whyÃ¢â‚¬Â for combining the two companies includes the combined market strength as well as their shared vision of open systems.
The company now lists two headquarters - one in Malmo, Sweden, the former headquarters of TAC, and another in Andover, Mass. It also has doubled its product development team.
Ã¢â‚¬Å“ItÃ¢â‚¬â„¢s exciting with any new product development since weÃ¢â‚¬â„¢ve doubled our engineering staff,Ã¢â‚¬Â said Focke. Ã¢â‚¬Å“There is a good group in Sweden and a good group in Andover.Ã¢â‚¬Â
Meyer said Tour Andover Controls will continue to use its inside sales departments as well as its outside representatives for product distribution.
Ã¢â‚¬Å“(Both companies) have extremely strong direct sales offices and extremely strong independent reps in the market,Ã¢â‚¬Â Meyer said.
Ã¢â‚¬Å“We will continue to maintain that distribution channel.Ã¢â‚¬Â