Controlled Conditions Announce Acquisitions and Relocation

Controlled Conditions Announce Acquisitions and Relocation
Controlled Conditions Announce Acquisitions and Relocation
Controlled Conditions Announce Acquisitions and Relocation
Controlled Conditions, a Virginia Corporation announced today that after extensive discussions with the City of Portsmouth, they have acquired property and real estate in the Greenwood Industrial Park section of Portsmouth, Virginia and will be consolidating and relocating their headquarters to this complex.

Controlled Conditions’ parent company PECT Enterprises Corporation President Phillip C. Jones indicated that over the course of this year, all functional and administrative operations for each of the operating groups will be relocating to a complex on six plus acres of the Greenwood Industrial Park.  The company is currently headquartered in Chesapeake, Virginia with several ancillary facilities in Newport News, Virginia.  PECT Enterprises Corporation is made up of Controlled Conditions as well as its’ sister companies Commonwealth Property Services; Diamond Contracting; SVS, LLC; and several other smaller entities.  Controlled Conditions is the flagship operating company within the corporation and provides professional HVAC and refrigeration services to numerous large commercial / industrial clients along with many city, state and federal locations and agencies; while Commonwealth Property Service provides property maintenance to commercial and professional properties and rental real estate as well as to property and association management companies.

“We were very excited to see the significant level of engagement that the City has shown in recruiting us and many other small businesses to Portsmouth.  They are truly small business friendly”, Jones said. 

"It is important to us to be located in a city that understands and supports small and locally owned businesses like ours. This consolidation and move is critical to the company in order for us to continue to sustain the past growth levels and support the strategic, dynamic expansion levels projected”, Jones added. 

 

The process was facilitated by Lindsey Elliott of Riddle Associates and Laura O. Morgan, Vice President of Wells Fargo Commercial Banking Division, Norfolk under the guidance of  Josh David & James Reid, both Senior Partners with David, Kamp and Frank, Newport News.

 

Incorporated in 1977, Controlled Conditions Corporation is the leading professional commercial and industrial HVAC and refrigeration company in Southeastern Virginia concentrating on the Richmond to Virginia Beach Markets.  They also have divisions that specialize in Building Controls, Building Automation and Specialty Medical Equipment Repair.  Controlled Conditions is a past winner of Hampton Roads Small Business of the Year and a winner of the ‘Best Of’ award for three consecutive years.

 

For additional information or to schedule an interview with Phillip C. Jones contact:

 

Katherine Rosenthal,
Controlled Conditions Corporation
2289 South Military Highway
Chesapeake   Virginia   23320
Phone: (757) 545-5000       Fax: (757) 545-5081
Email: info@controlledconditions.com

 

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