Swedish bearings manufacturer SKF has completed the acquisition of Rubico Consulting AB, an industrial consultancy firm with 10 employees based in Luleå, Sweden. Financial terms of the deal weren’t disclosed. Rubico Consulting AB specializes in “visualization and analysis of signal data,” and the company’s “expertise will be integrated into SKF’s offer around the rotating shaft, […]
Category: Digitization
Atlas Copco Acquires German Company
Swedish industrial manufacturer Atlas Copco on Tuesday announced it has acquired NATEV GmbH, Borken, Germany. Financial terms of the deal weren’t disclosed. Founded in 2010, NATEV specializes in position solutions for assembly tools used in industrial production. The company has 10 employees, and in 2020 it posted sales of €0.5 million (US$0.6 million). “Through NATEV’s […]
Envoy Solutions Acquires Daycon
Envoy Solutions — the Glenview, Illinois-based holding company that owns and operates North American, WAXIE Sanitary Supply, SWPlus and Southeastern Paper Group — on Tuesday announced the acquisition of Daycon Products Co., Upper Marlboro, Maryland. Financial terms of the deal weren’t disclosed. Daycon is a 79-year-old, family-owend distributor of facility supplies, training services and sustainable […]
Rexel Canada Signs Up with ETIM North America
ETIM North America (NA) announced Tuesday that Rexel Canada, which is one of the largest distributors of electrical products in Canada, has joined the product classification standards organization. As a Direct Distributor Member, Rexel Canada will be able to participate in the various ETIM NA Product Expert (PE) Groups, including the current groups for Power […]
FMI’s ES&D Conference Cancelled
The decision was made to cancel the online event planned for September 13-15, 2021.
District Cooling System Supplies Tampa Publix
Publix GreenWise Market recently opened its newest location in the redeveloped Water Street neighborhood of Tampa, Florida.
Learn To Stop Worrying and Love A2Ls
It would be wise to take the time now to learn how to safely handle and transport A2Ls, as customers are already starting to ask about these new refrigerants.
HVAC Contractors Face Challenges if They Mandate Vaccines and if They Don’t
As business owners, HVAC contractors find themselves navigating a confusing combination of customer demands and employee concerns.
H.B. Fuller Tacks On 11% Surcharge on Shipments
H.B. Fuller took a transparent approach to a price hike by announcing it will implement an 11% surcharge on shipments of its products globally. The surcharge goes into effect on Wednesday. H.B Fuller (NYSE: FUL), St. Paul, MN, said the surcharge was driven by the “continued short supply and significant cost escalation of certain chemical […]
General Filters Inc. Welcomes Mondale & Associates
General Filters Inc. announced the addition of sales agency group Mondale & Associates to serve North Dakota, South Dakota, Minnesota, and Wisconsin.
Rheem Acquires Friedrich Air Conditioning
Rheem has acquired Friedrich Air Conditioning from Monomoy Capital Partners.
Project Files: Episode 41 — High Mountain Cannabis Fabric Ductwork
Cannabis operations can take years to perfect their HVAC. But for Brandon Schmitzer of High Mountain LLC in Vassar, Michigan, the HVAC side was a cinch.
Jasper® Engines Improves Employees’ Indoor Comfort with Toshiba Carrier VRF
Jasper® Engines needed to replace an aging hydronic HVAC system in their office building in Indiana. This project came with an array of challenges.
Core & Main Completes Deal to Buy L & M Bag & Supply Co.
Core & Main LP, based in St. Louis, Missouri, announced on Monday that it has closed its previously announced deal to buy substantially all of the assets of L & M Bag & Supply Co. Inc. The deal, which was first announced in June, marked Core & Main’s 14th acquisition since becoming an independent company […]
Core & Main Completes Deal to Buy L & M Bag & Supply Co.
Core & Main LP, based in St. Louis, Missouri, announced on Monday that it has closed its previously announced deal to buy substantially all of the assets of L & M Bag & Supply Co. Inc. The deal, which was first announced in June, marked Core & Main’s 14th acquisition since becoming an independent company […]
SRS Agrees to Acquire Hawaiian Distributor
Building materials distributor SRS Distribution Inc., McKinney, Texas, on Monday announced it has agreed to acquire Aloha Roofing Supply, a Kapaa, Hawaii-based distributor of residential roofing, lumber, foundation and masonry, and other related products. Terms of the deal, which is expected to close Sept. 10, weren’t disclosed. Founded in 2014 by Randy Boyer, Aloha Roofing […]
Economic Green Shoots Continue to Sprout as Pandemic Rages On
Both macro-economic and industry-specific reports during the past month show that wholesale distribution has emerged from the worst of the coronavirus crisis that raged during the past 18 months. MDM’s recent reporting shows much-needed improvement, although gains could be threatened in the coming weeks and months as the country deals with more COVID cases plus […]
Timken Shines in Fast-Growing Solar Energy Sector
The Timken Co. (NYSE: TKR), North Canton, Ohio, said Monday that its decision to enter into the solar energy industry in 2018 has paid off as its solar energy revenue is expected to grow at a double-digit rate over the next three-to -five years. Bearings manufacturer Timken entered the solar energy market with its acquisition […]
The E-Commerce Evolution Continues for HVAC Distributors
Customer feedback about search functionality reflects one side of the push-and-pull dynamic that HVAC distributors face in e-commerce.
84 Lumber Makes the 2021 Inc. 5000 List
For the second time, Building materials distributor 84 Lumber has earned a spot on the 2021 Inc. 5000 list, which ranks the nation’s fastest-growing private companies. Based in Eighty Four, Pa., 84 Lumber was ranked 4,917 on the magazine’s annual list. The company was first named to the list in 2019. “Being named to the Inc. […]
