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NTK Holdings, Inc.

 
Hoover's Profile: NTK Holdings, Inc.
Contact Information
NTK Holdings, Inc.
50 Kennedy Plaza
Providence, RI 02903-2360
RI Tel. 401-751-1600
Fax 401-751-4610

Type: Private
On the web: http://www.nortek-inc.com
Employees: 8,800
Employee growth: (10.2%)

Chill, bro. NTK Holdings is a breath of fresh air in the home HVAC market. Through subsidiary Nortek, the company makes air conditioning, heating, ventilation, and home technology products for the residential and commercial construction, do-it-yourself, remodeling, renovation, and manufactured housing markets. In addition to heating and air conditioning systems, NTK's wares include range hoods and other ventilation products, indoor air quality systems, lighting controls, and home entertainment system equipment. Products bear NTK's own brands (including Broan-NuTone), as well as such licensed names as Frigidaire, Maytag, and Westinghouse. NTK, along with its subsidiaries filled for Chapter 11 bankruptcy in 2009.

Key numbers for fiscal year ending December, 2008:
Sales: $2,269.7M
One year growth: (4.2%)
Net income: ($844.5)M

Officers:
Chairman, President, and CEO: Richard L. Bready
VP and CFO: Consumer Electronics

Competitors:
Carrier
Johnson Controls
Lennox

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