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Heating & Air Conditioning

Once-hot cooler company's new owners trying to rejuvenate business

After almost 60 profitable years that saw Elliott-Williams Co. install walk-in refrigerators and freezers in almost every Indiana school, hospital and hotel, the venerable firm was brought to its knees last year. But an unlikely savior, a new locally based venture capital firm, bought EW out of bankruptcy for $507,000, about the cost of 10 EW walk-ins.
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