Value Added HVAC Distributors (VAD) and its three subsidiaries announced a strategic partnership with The Master Group, a Canadian HVACR distributor.
Category: Business Texting
Reedy Industries Acquires Hays Service
Reedy Industries has acquired Hays Service, a fourth-generation, family-owned HVAC services company in Macon, Georgia.
Factrees Wants to Modernize the Distributor-Manufacturer-Rep Relationship
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 Factrees Wants to Modernize the Distributor-Manufacturer-Rep Relationship appeared first on Modern Distribution Management.
STULZ Prepares For Further Growth With New Benelux Corporate Headquarters
STULZ is expanding its presence across the Benelux region with a new corporate headquarters in the Netherlands.
Oct. Trade Sales and Manufacturers Shipments Rise
The U.S. Census Bureau says the combined value of distributive trade sales and manufacturers’ shipments for October — adjusted for seasonal and trading day differences but not for price changes — was estimated at $1,709.1 billion, up 2.1% from September and up 16.7% from October 2020. Manufacturers’ and trade inventories for October — adjusted for […]
Advance Retail and Food Services Estimates Up
Advance estimates of U.S. retail and food services sales for November — adjusted for seasonal variation and holiday and trading-day differences, but not for price changes ¬— were $639.8 billion, an increase of 0.3% from the previous month, and 18.2% above November 2020, according to the U.S. Census Bureau. Total sales for the September through […]
ABC Supply Opens Another Texas Location
Building materials distributor ABC Supply Co. Inc., Beloit, Wisconsin, has opened another location in Texas, the company recently announced. The new location is at 146 Winston 8 Ranch Road in Lufkin, Texas. Carver James is managing the new location. He joined ABC Supply in 2017 as a warehouse associate at the Champaign, Illinois, location and […]
Platinum Tools Names New Marketing Rep
Platinum Tools — a Huntersville, North Carolina-based provider of solutions for the preparation, installation, hand termination and testing of wire and cable — said Ontario, California-based Thomasson Marketing Group is its new representative for the Western U.S., effective immediately. TMG will handle Platinum Tools’ full line in California, Oregon, Washington, Arizona, Nevada, Idaho, Montana, Wyoming, […]
COVID Safety Mandates Will Create Chaos for HVAC Industry
Courts have so far halted the OSHA mandate, the Medicate mandate, and the executive order. But does that mean the mandates are gone for good?
HARDI Hires Organization’s First Vice President of Distribution Strategies
HARDI announced the hiring of Zachary Perge as the organization’s first vice president of distribution strategies.
Ohio Transmission Acquires Critical Rental Solutions
Ohio Transmission Corporation, a Columbus-based industrial equipment service provider and distributor, acquired Critical Rental Solutions, a national provider of oil-free air and temperature control rental equipment. Critical Rental Solutions will operate under OTC’s Air Supply Group. The company has two sales and field service locations in Texas and has approximately 42 employees. Financial details of […]
U.S. Distributors on Pace for Record $7-trillion Year in 2021
The U.S. wholesale trade sector is on pace to finish above $7 trillion in 2021 for the first time, based on MDM forecasts and data through the third quarter. That represents a 21% increase above 2020 revenues of $5.8 trillion, which were down 4.3% from the year before. The record boost represents actual revenues, not […]
Tecumseh Strengthens Leadership Team, Appoints New CEO and Commercial Management Leaders
Tecumseh Products Company announced that Jay Pittas has been appointed CEO and two proven industry leaders have taken new commercial management roles.
SPX FLOW Acquired for $3.8B
SPX FLOW, Inc. (NYSE: FLOW), a provider of process solutions for the nutrition, health and industrial markets, says it has agreed to be acquired by Lone Star Funds in an all-cash deal valued at $3.8 billion. The agreement includes the assumption of debt, SPX FLOW said. The purchase price represents a premium of nearly 40% […]
Wholesale Inflation Up 9.6% Over Year
November’s wholesale prices were up 9.6% from one year ago, the largest increase since 12-month data were first calculated in 2010, according to the U.S. Bureau of Labor Statistics. The bureau said its producer price index rose 0.8% from October to November, its highest reading since June. The index rose 0.6% from September to October. […]
Nancy Gunnerson of Malco Products, SBC, Wins Notable Women in Manufacturing Award
Malco Products, SBC, announced that Nancy Gunnerson has been named one of Twin Cities Business Magazine’s Notable Women in Manufacturing for 2021
Apex Pursuing Solar on Weyerhaeuser Land
Apex Clean Energy says it has reached an agreement with timberlands proprietor Weyerhaeuser (NYSE: WY) to develop 1,000 megawatts of utility-scale solar and solar-plus-storage projects on Weyerhaeuser property in the southeastern U.S. “This agreement with Apex is a great step in advancing Weyerhaeuser’s strategic growth in renewable energy development, and it supports our broader commitment […]
Higher Efficiencies, ‘Sequel’ Ratings on Tap for HVAC in 2023
Minimum efficiency standards for new residential central air conditioning and air-source heat pumps will bump up as of 2023.
Johnstone Supply, Famous Supply, Geary Pacific Earn 2021 Banish Mercury Off the Planet Awards
TRC announced that Johnstone Supply, Famous Supply, and Geary Pacific are the 2021 Banish Mercury Off the Planet winners.
HVAC Contractors Know Where to Target Adding Insulation
Increasing the amount of insulation in the right spots of a home can have a noticeable effect on the HVAC system’s results.
