Rheem is a prominent American manufacturer of heating, cooling, and water heating products. The company was founded in 1925 by brothers Richard and Donald Rheem in Emeryville, California. Initially, Rheem focused on manufacturing galvanized steel drums, but soon expanded its product line to include oil heaters, electric water heaters, furnaces, and air conditioners.

Headquartered currently in Atlanta, Georgia, Rheem has grown to become a leading global provider of heating, cooling, and water heating solutions. The company operates manufacturing facilities in North America, South America, Europe, and Asia, serving customers in more than 70 countries worldwide. Rheem offers a wide range of products and services including water heaters (tankless, hybrid, and conventional), air conditioners, heat pumps, furnaces, and commercial HVAC systems.

The company is known for its innovative technologies such as EcoNet®, which enables homeowners to remotely control and monitor their heating, cooling, and water heating systems through a smart device. Rheem has established noteworthy subsidiaries, joint ventures, and partnerships over the years. For instance, the company has a joint venture with Paloma Industries called Rheem Manufacturing Company, which operates in Japan, New Zealand, Australia, and Mexico.

Additionally, Rheem has partnered with international companies like Mitsubishi Electric and Honeywell to enhance its product offerings and global reach. In terms of market position, Rheem is considered a significant player in the industry. It competes with other major HVAC and water heating manufacturers like Carrier, Lennox, Trane, and A.

O. Smith. Rheem's global sales have steadily increased, with a focus on expanding its presence in emerging markets such as China and India.

Rheem has witnessed significant achievements and events throughout its history. In 1959, the company introduced the Rheem Instantaneous Water Heater, revolutionizing the water heating industry. In recent years, Rheem has concentrated on sustainability initiatives by developing energy-efficient products and reducing its carbon footprint.

As of the latest available information, Rheem continues to be a thriving company, serving both residential and commercial customers worldwide. With a commitment to innovation, quality, and customer satisfaction, Rheem maintains its position as a trusted leader in the heating, cooling, and water heating industry