financetom
Business
financetom
/
Business
/
Red Dot acquires the assets of TSI Products, Inc., and its subsidiary International Climate Systems, further expanding world-class mobile HVAC offerings into offroad vehicle markets
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Red Dot acquires the assets of TSI Products, Inc., and its subsidiary International Climate Systems, further expanding world-class mobile HVAC offerings into offroad vehicle markets
Mar 19, 2026 10:15 AM

PUYALLUP, Wash., March 19, 2026 (GLOBE NEWSWIRE) -- Red Dot Corporation, a 60-year leader in heavy-duty mobile HVAC systems, has acquired the assets of TSI Products, Inc., and its subsidiary, Texas-based International Climate Systems (ICS), an innovative manufacturer of HVAC systems for offroad gas/diesel and electric vehicles. This move marks the latest step in Red Dot’s strategy to bring its legacy of innovation, quality manufacturing and product durability to new markets.

Acquiring ICS expands Red Dot’s industry presence into markets for UTV/side-by-sides, golf carts and other PTVs, and PEVs (plug-in electric vehicles). ICS is a leading strategic supplier of Heating and A/C Systems in the powersports manufacturers marketplace and that will continue and expand with this new acquisition.

Additionally, Red Dot in 2025 successfully launched Offroad Arctic, Red Dot’s line of aftermarket A/C, heating kits and other accessories for recreational and utility riders.

The new offerings speak to the Future-REDy pillar of Red Dot’s REDy for Anything brand promise, a focus on driving smart solutions that keep pace with evolving vehicles, technologies and industries.

“Integrating Red Dot and TSI/ICS brings new market opportunities to fuel growth, innovation, expanding IP, and new product solutions for legacy Red Dot customers,” said John Beering, CEO of Red Dot. “And most importantly, we have a shared vision on our greater potential together.”

The companies have complementary engineering strengths and operating capabilities, with ICS bringing an established reputation for maximum performance systems in compact, lightweight, fully integrated modules. Those expanded engineering and testing capabilities will enable Red Dot to leverage decades of mobile HVAC excellence into a new product space—without compromising commitment to OEM partnerships, distributor networks and existing customers.

“From a strategic perspective, ICS was seeking the right partner for a transition of ownership to carry on the vision for world class side-by-side HVAC solutions,” said Stephen O’Brien, CEO of TSI/ICS. “Red Dot brings a strong brand reputation, expanding channels, global reach, and capable operations and supply chain.”

ICS leadership and employees will become employee-owners of Red Dot, which has operated as an ESOP since 2000, helping to fuel the organization’s culture of accountability, pride and problem-solving.

Incorporating ICS into Red Dot builds on decades of expertise across industries to expand into new markets like electric vehicles, battery thermal management, and advanced commercial applications. The acquisition also establishes Red Dot’s footprint in Texas, adding to its U.S. operations in Puyallup, Wash. and Memphis, Tenn., global manufacturing and sales presence in the United Kingdom, China and India, international OEM partnerships, and a strong distributor network and products in use across six continents.

About Red Dot:

For 60 years, Red Dot has conquered the world’s toughest environments, delivering climate solutions for heavy-duty vehicles and today’s UTVs, EVs, and high-tech commercial applications. As the mobile HVAC standard in construction, agriculture, and military markets, we’ve expanded our field-tested expertise into emerging industries. We solve for yes with install-ready A/C and heaters, advanced battery thermal management, custom-engineered systems and more. Proudly 100% employee-owned, we’re REDy with sleeves-rolled-up service, inventory readiness, advanced performance, and boots-on-the-ground expertise. We pressure-test challenges others won’t touch, because customer success is our success. Red Dot isn’t just ready — we’re REDy for anything. Are you?

For more information on Red Dot’s plans, products and capabilities, visit www.reddot.red.

Image: https://www.globenewswire.com/newsroom/ti?nf=OTY3NTM4NyM3NDk0NDg5IzUwMDE0NjM0MA==

Image: https://ml.globenewswire.com/media/ZGQ0YWYxNTctZjA2Ny00MDhkLThmZGUtYzNiNzEyYzMwODFmLTUwMDE0NjM0MC0yMDI2LTAzLTE5LWVu/tiny/Red-Dot.png CONTACT:

Liz Diamond

[email protected]

206.466.2708 Image: Primary Logo

Source: Red Dot

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan says US investments under trade deal will be determined by benefits for Tokyo
Japan says US investments under trade deal will be determined by benefits for Tokyo
Aug 5, 2025
TOKYO (Reuters) -Japan's promised $550 billion in U.S. investments under the trade deal struck last month will be determined by whether they will benefit Tokyo too, the Asian nation's top tariff negotiator said on Tuesday. Ryosei Akazawa's comments came after U.S. President Donald Trump, in an interview with CNBC on Tuesday, compared the promised Japanese investment to a signing bonus...
Wegovy maker Novo Nordisk to reduce costs after $95 billion stock loss
Wegovy maker Novo Nordisk to reduce costs after $95 billion stock loss
Aug 5, 2025
COPENHAGEN, Aug 6 (Reuters) - Wegovy-maker Novo Nordisk said on Wednesday it will sharpen its commercial focus and reduce costs, after a major profit warning and new CEO announcement last week wiped some $95 billion of value from the company's stock. The Danish drugmaker, which boomed to become Europe's most valuable firm worth some $650 billion last year on the...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Hit by US tariffs, Indonesia plans to sell shrimp to China instead
Hit by US tariffs, Indonesia plans to sell shrimp to China instead
Aug 5, 2025
By Ananda Teresia and Yuddy Cahya Budiman PANDEGLANG, Indonesia (Reuters) -At a shrimp farm in Indonesia, more than 16,000 km (9,942 miles) from Washington D.C., U.S. President Donald Trump's import tariffs have left Denny Leonardo's expansion plans in disarray. Leonardo had aimed to add about 100 new ponds this year to his 150-pond farm on the southwestern tip of Java...
Copyright 2023-2026 - www.financetom.com All Rights Reserved