ProAir LLC is voluntarily liquidating its air conditioning business after more than 40 years in operation.
The supplier of HVAC systems to the school bus industry, commercial and shuttle buses, RVs, luxury coaches, delivery vans, fire truck, and ambulances filed for Chapter 7 protection on Nov. 16 with the federal bankruptcy court in Delaware, according to records. A list of creditors was filed the next day seeking a summary of assets and liabilities by Nov. 30.
A Section 341 meeting of creditors is scheduled for Dec. 12.
ProAir was a brand of the specialty products group operated by private equity firm Koda Enterprises Group, which acquired the Elkhart, Indiana, company in 1997. Koda Enterprises added American Climate Control in 2012 and Bus Air Manufacturing Company in 2017.
ProAir and Koda Enterprises representatives have not returned phone and text messages seeking comment on warranty services for customers going forward.
Serves specialty markets
ProAir LLC designs, manufactures, installs and supports a complete line of advanced mobile air conditioning, heating and air filtration systems for the bus transportation and specialty vehicle markets, including emergency vehicles, construction, recreational vehicles and the agriculture industry, as well as systems for school, commercial, shuttle, transit and paratransit buses.
Proair HVAC systems are available for both conventional and electric drive vehicles. Proair also offers a complete line of aftermarket service parts and on-site product training services.
KODA Enterprises Group, located in Waltham, Massachusetts, is a middle-market private investment firm that concentrates on companies in niche markets.
Reprinted with permission from School Transportation News. Read the original post.
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