Privately‐owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,899,000, 0.75 above the revised December rate of 1,885,000 and 0.8% above the January 2021 rate of 1,883,000, according to the U.S. Census Bureau. Single‐family authorizations in January were at a rate of 1,205,000, 6.8% above the revised […]
Category: Business Texting
Trade Sales and Manufacturers’ Shipments Drop in December
The combined value of distributive trade sales and manufacturers’ shipments for December 2021 — adjusted for seasonal and trading day differences but not for price changes — was estimated at $1,717.2 billion, down 0.7% from November, but was up 15.9% from December 2020, according to the U.S. Census Bureau. Manufacturers’ and trade inventories for December […]
Advance Retail, Food Services Sales Rise in January
The U.S. Census Bureau said advance estimates of retail and food services sales for January — adjusted for seasonal variation and holiday and trading-day differences but not for price changes — were $649.8 billion, an increase of 3.8% from the previous month and 13% above January 2021. Total sales for the November 2021 through January […]
Pool Corp. 4Q Sales Reach $1B
Covington, Louisiana-based Pool Corp. (Nasdaq/GSM:POOL) reported 2021 fourth-quarter sales of $1 billion, while year-end sales reached $5.3 billion. Both the 4Q and year-end sales totals were company records. The annual net sales total was 35% higher than in 2020, the company said. Pool Corp. also reported operating income of $832.8 million, up 79% from 2020, […]
8 Questions Distributors Should Answer Before Building an E-commerce Site
Everything starts with what your customers need and want. Unfortunately, distributors’ buyers aren’t as simple to market to as B2C customers. For example, many industrial buyers move from project to project and need new solutions every few months. In contrast, others may manage inventories that carry the same items and frequently need to replenish their […]
8 Questions Every Distributor Should Answer Before Building an E-commerce Site
Everything starts with what your customers need and want. Unfortunately, distributors’ buyers aren’t as simple to market to as B2C customers. For example, many industrial buyers move from project to project and need new solutions every few months. In contrast, others may manage inventories that carry the same items and frequently need to replenish their […]
CARB Certifies RGF REME-HALO In-Duct Air Cleaning Device
CARB has certified that the REME-HALO by RGF meets the State of California’s stringent electrical safety and health-based ozone emissions requirements for in-duct air-cleaning devices.
D. Brian Baker Memorial Scholarship Winners Announced
The Council of Refrigeration Educators (CARE) and HVAC Excellence announced the winners of the D. Brian Baker Memorial Scholarship.
Redwood Services Announces Investment in Arlinghaus
Redwood Services announced it has invested in Arlinghaus Plumbing, Heating, and Air Conditioning.
Facts + Figures: AHRI Shipment Data for November 2021
Industry figures are estimates that are derived from the best available figures supplied by a sample of AHRI member companies.
Deep Dive: In Pursuit of Proximity
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? The post Deep Dive: In Pursuit of Proximity appeared first on Modern Distribution Management.
Armstrong Announces New Suite of Service Plans
Armstrong Fluid Technology announced a new tiered suite of service plans to assist customers in North America.
Ace Hardware Yearly Revenue Up 10.7%
Oak Brook, Illinois-based Ace Hardware Corporation reported “record” 2021 fourth-quarter revenues of $2.1 billion — an increase of 0.7% over the same quarter a year ago — while total year-end revenues topped $8.6 billion. The year-end revenues were 10.7% above 2020. Full-year 2021 net income reached $330 million, an increase of 4.1% on top of […]
Bronx Nonprofit Upgrades Air System to Protect Individuals with Special Needs
Unique Life Inc. partnered with Today HVAC to install Dexwet’s air filters in every classroom and office to protect individuals from harmful airborne particles that can cause health problems.
Wholesale Inflation Up 9.7% in January
January wholesale inflation was 9.7% higher than the same period a year ago, according to the U.S. Department of Labor’s producer price index. The PPI, a metric that measures inflation before it reaches consumers, rose 1% in January compared to the previous month. The January increase follows jumps of 0.4% in December 2021 and 0.9% […]
JGB Enterprises Rebrands as Echelon Supply and Service
Liverpool, New York-based JGB Enterprises, Inc. — a company backed by HCI Equity Partners — will now be known as Echelon Supply and Service, the company announced. The move was part of an evolving consolidation effort and comes roughly six months after the company made a key Canadian acquisition. “When JGB Enterprises acquired HosePower Canada […]
Preparing for the Upcoming HVAC Year with Chris Hunter
In this episode of The NEWSMakers podcast, The NEWS talks to Chris Hunter, former HVAC contractor and current ServiceTitan employee.
Johnson Controls Showcases Connected Home Products at NAHB International Builders’ Show
Johnson Controls showcased a complete range of smart home security, controls, and HVAC products at the 2022 NAHB International Builders’ Show in Orlando, Florida.
Danfoss Announces 2021 EnVisioneer of the Year Award Winner
Danfoss has named Jae Chon, director of strategic markets at Chesapeake Systems, as its 12th EnVisioneer of the Year for their work on retrofitting the Towson Courthouse in Towson, Maryland.
The Power of Analytics for Distributors
Analytics is one of the core areas of best-practice distribution management that MDM has championed for decades (and have supported industrial products marketers through our MDM Analytics offerings). If you’re looking to create a more data-informed organization — and who isn’t today? — then I’m excited to share my conversation with Tony Pericle, CEO and […]
