Business

Business won't change, Fahnestock son says

Eric Fahnestock has a message for the customers and employees of Fahnestock Plumbing, HVAC, Electric & Fireplaces: We're open for business, and we're not going anywhere.

"We want to let all our friends and customers and acquaintances know that the business is solid," said Fahnestock, whose father, George, a company co-founder, died Thursday.

Eric Fahnestock, the company president who becomes sole owner of the firm with his father's passing, said Friday that rumors surrounding the death made it necessary to publicly address the future of the business.

Nothing has changed, he said: Fahnestock will continue providing sales and service as it has for almost 30 years.

"I've been president of the company for four years, running the day-to-day operations, but it's going to be a huge void, I'll tell you," he said. "My dad was certainly the face and the persona of this company, and really everything else he was involved with."

George Fahnestock co-founded Fahnestock Heating and Air Conditioning in 1982, along with Paul Fahnestock and Bob Hill. The firm's roots trace back to 1946, when Ed and Ted Fahnestock founded the original company that later was sold as Airtron to Atlantic Richfield.

Eric Fahnestock said he plans a lifetime commitment to running the family company.

"I was a minority shareholder up until yesterday, but I now own 100 percent of the company through our buy/sell agreement, and I have no intentions of leaving the business until my retirement days," he said.

"So don't stop calling, and don't stop working."

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