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It announced that it would eliminate some product lines that were not selling well or that had poor profit margins. The hurricane devastated southern Florida in and in Miami-Dade County alone, about 26, homes were destroyed and more than , others were damaged. By the late s, Watsco had become a billion-dollar company.
By , Nahmad was anxious to expand Watsco, which had considerable cash to invest. Headquartered in Hialeah, Florida, an industrial area in greater Miami, the company operated principally in three industries in the s: The company goes public
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