Schmidt is founded in Bretten, Germany as a pioneer in the heat transfer industry

Coventry Radiator (later becomes Covrad Heat Transfer) is founded in Coventry, UK

Serck Radiators Ltd. (later becomes Serck Heat Transfer) is founded in Birmingham, UK

American Precision Industries is founded in Buffalo, NY, USA

Basco is founded as a manufacturer of shell and tube heat exchangers in Buffalo, NY, USA

American Precision Industries acquires Basco to form what is now API Heat Transfer

Thermal Transfer Products is founded in Racine, WI, USA

Thermal Components, Inc. is founded in Montgomery, AL, USA

General ThermoDynamics (later acquired by Thermal Components) is incorporated in Franklin, WI, USA

Thermal Components is acquired by ThermaSys Corporation

ARUP (tubing manufacturer) is founded in Dortmund, Germany

API Heat Transfer opens the Airtech facility in Arcade, NY, USA

ThermaSys acquires ARUP

API Heat Transfer acquires Schmidt

ThermaSys acquires Thermal Transfer Products

API Heat Transfer enters Asia-Pacific with a manufacturing center in Suzhou, China

The Suzhou facility doubles in size and begins manufacturing all product lines

The Buffalo facility expands and adds additional manufacturing capability

ThermaSys acquires the Covrad and Serck Heat Transfer companies

A second manufacturing facility opens in Suzhou, China

A second Airtech facility opens in Arcade, NY, USA

API Heat Transfer and ThermaSys Corporation merge

A third manufacturing facility opens in Suzhou, China