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Category: Business Texting

How Supply Chain, Inflation and Labor Issues are Impacting Imperial Dade

How Supply Chain, Inflation and Labor Issues are Impacting Imperial Dade

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Johnson Controls Product Earns World's First ISASecure® Component Security Assurance Certification

The ISASecure Program announced that Johnson Controls has earned the world’s first ISASecure CSA certification for its smart buildings products with YORK® YK and YZ centrifugal chillers.    

IGSHPA Appoints New Executive Director Ahead of Annual Conference

IGSHPA board of directors appointed Jeff Hammond as their new executive director in October 2021. This decision comes before their upcoming conference in December in partnership with the NGWA.

Global Industrial Appoints Storch

Global Industrial Appoints Storch

Global Industrial Company (NYSE:GIC), a distributor of industrial products and MRO supplies, appointed Adina Storch to senior vice president, general counsel and corporate secretary. Storch reports to Barry Litwin, Global Industrial CEO, and will be responsible for managing the company’s legal, risk management and compliance functions. She also will serve as corporate secretary to the […]

BradyIFS Acquires Seaway Supply

BradyIFS Acquires Seaway Supply

West Coast-based foodservice, janitorial and sanitation distributor BradyIFS acquired Seaway Supply Company, a Maywood, Illinois-based distributor and provider of foodservice disposables, janitorial supplies, industrial packaging and cleaning equipment. Financial terms of the acquisition were not announced. The acquisition is expected to expand BradyIFS’ presence in the upper Midwest and will open the door to “additional […]

Energy Specialists Gather to Discuss Energy Efficient Tools

The Home Energy Advisory and Fort Collins Winair organized an event for HVAC contractors to gather with energy specialists and discuss energy efficient tools available for businesses and residents

Minority Contractors See Opportunities in HVAC for Themselves, Others

Three Black HVAC contractors recently shared their stories of how they entered the trade, built their businesses, and work to add people like themselves to the HVAC industry’s ranks.

SecureAire Launches New AireWellness Certification for Buildings that Meet Highest IAQ Standards

SecureAire Technologies the AireWellness program to certify buildings that meet the highest standards for indoor air quality (IAQ).

4 Types of Distributors We’ll See in 2022

4 Types of Distributors We’ll See in 2022

Distributors have experienced market disruptions, uncertainty, new coronavirus variants and constraints none of us could have forecasted over the last year or so. We can no longer rely on how we have always done business. A recent McKinsey study indicates more than 60% of CEOs restructured their organization in response to the pandemic and many […]

Lennox Expands Commitment to ESG Efforts Through Science Based Targets Initiative

Lennox International Inc. announced a formal commitment to set science-based targets on the reduction of greenhouse gas emissions. They are joined by the Science Based Targets initiative (SBTi), alongside a global coalition of companies leading the way toward tackling climate change.

City Electric to Acquire Soligent

City Electric to Acquire Soligent

Dallas-based electrical wholesale distributor City Electric Supply Company has reached an agreement to acquire solar distributor Soligent and its solar distribution, engineering services and project financing business. Financial details of the agreement were not disclosed. The transaction is expected to close at the end of November, subject to regulatory and other approvals and conditions, according […]

RBC 2Q 2022 Sales Up

RBC 2Q 2022 Sales Up

Bearings manufacturer RBC Bearings Inc. (Nasdaq: ROLL), Oxford, Connecticut, reported 2022 fiscal second-quarter net sales of $160.9 million, a 10% increase over the same quarter a year ago. RBC’s net income was $23.5 million, a slight increase over the $23.2 million reported in fiscal 2021’s second quarter. For the first six months of FY 2022, […]

Labor, Supply Shortages Hit Manufacturers’ Bottom Lines in Latest Quarter

The major HVAC manufacturers saw higher sales and revenues in the third quarter thanks to continued strong demand and the effects of several price hikes. Margins were another matter.