The U.S. Census Bureau says the international trade deficit was $97.8 billion in November, up $14.6 billion from $83.2 billion in October. Exports of goods for the month were $154.7 billion, $3.3 billion less than October exports. November imports of goods were $252.4 billion, $11.3 billion more than October. Wholesale inventories for November — adjusted […]
Category: HVAC
New Member Spotlight — Orro
The Orro Smart Living System transforms any home with human-centric and wellness-oriented smart lighting, home-wide control, energy savings, and home monitoring capabilities. With Orro, electrical contractors can offer their customers a unified smart home solution that aligns with any budget, unlocking new opportunities to sell more and grow their business with the increasing demand for […]
HVAC Education and Training with Howard Weiss
In this episode of The NEWSMakers podcast, The NEWS talks to Howard Weiss, executive vice president of ESCO Group.
Sheet Metal Workers Open Expanded Training Center
Local 71 of the International Association of Sheet Metal, Air, Rail, and Transportation (SMART) workers formally unveiled its newly expanded 19,000 square foot training center.
Eye on Safety: Slips, trips and fall season
While people fall year-round, the freezing season is the perfect time to think about fall prevention. Fall hazards such as slippery leaves, wet pavement and frozen water are common in the colder season. They can’t be ignored, even when businesses are extremely busy. The injuries sustained from a fall can range from the bruised ego […]
The SEER Group LLC Acquires Majority Stake in Aladdin Air Conditioning & Heating Inc.
The SEER Group LLC announced its twentieth acquisition, a majority stake in Aladdin Air Conditioning & Heating Inc., in Newbury Park, California.
Shurtape Technologies LLC Announces CEO of Full Group of Companies
Shurtape Technologies LLC announced Vuk Trivanovic as CEO of the company’s Industrial and Engineered Solutions (ESG) Groups and the full scope of Shurtape’s global business.
Facts + Figures: AHRI Shipment Data for September 2021
Industry figures are estimates that are derived from the best available figures supplied by a sample of AHRI member companies.
JLG® DaVinciGO App Provides Phone-Enabled Diagnostics
JLG Industries, Inc. enables service technicians to connect to the JLG® DaVinci® AE1932 scissor lift via the exclusive DaVinciGO™ app, providing intelligent diagnostics through a smartphone or tablet.
2022 Distribution Sales Outlook: Consultative Selling and Changing Compensation
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 2022 Distribution Sales Outlook: Consultative Selling and Changing Compensation appeared first on Modern Distribution Management.
ABC Supply Acquires Siding Sales
Building materials distributor ABC Supply Co. Inc. of Beloit, Wisconsin, recently acquired the assets of Kentucky-based Siding Sales Inc. Financial details were not disclosed. The acquisition includes Siding Sales Inc.’s locations at 587 Lovers Lane in Bowling Green, 3440 Edmonton Road in Glasgow and 151 Van House Lane in London. ABC Supply says the deal […]
Envoy Solutions Acquires Valley Janitor
Envoy Solutions — the Glenview, Illinois-based holding company that owns and operates North American, WAXIE Sanitary Supply, SWPlus, Southeastern Paper Group and Daycon Products Co. — acquired Ohio-based Valley Janitor Supply Company. Valley is a distributor of cleaning solutions and in-house cleaning operations. The company is Envoy’s seventh acquisition over the past few months. Financial […]
GWS Tool Acquires Carbide
Tavares, Florida-based GWS Toll Group acquired Menomonee Falls, Wisconsin-based Carbide Tools Manufacturing, Inc., a provider of special carbide round tools. GWS says the deal will expand its manufacturing presence in the upper-Midwest region. Financial terms were not disclosed. “CTMI has a tremendous reputation for service and ingenuity,” GWS CEO Rick McIntyre said. “Their experience with […]
CFNAI Dips in November
The Chicago Fed National Activity Index (CFNAI) decreased to +0.37 in November from +0.75 in October. Three of the four broad categories of indicators used to construct the index made positive contributions in November, but all four categories deteriorated from October, according to the Federal Reserve Bank of Chicago. The index’s three-month moving average, CFNAI-MA3, […]
MSC Fiscal 1Q Sales Up 9.9%
MSC Industrial Supply Co. (NYSE: MSM) last week reported fiscal 2022 1Q sales of $848.5 million, a 9.9% increase over the same period a year ago. The company reported average daily sales growth of nearly 500 basis points above Industrial Production Index and an operating income of $90.7 million for the period ending Nov. 27. […]
Consumer Prices Rise 6.8%
The Consumer Price Index rose 6.8% between November 2020 and November 2021, the largest 12-month increase since the period ending June 1982, according to data from the U.S. Bureau of Labor Statistics. Energy prices rose 33.3% over the last year, while food prices increased 6.1%. Gasoline prices rose 58.1%, the largest increase since April 1980. […]
Vaccine Mandates, Elon Musk’s HVAC System, HARDI Conference Recap, and Apple Privacy Policies
Vaccine mandates are back in effect; Elon Musk sparks rumors of new HVAC system; the HARDI Annual Conference took place after a two-year absence; and Apple changes its privacy policy, affecting advertising for HVAC contractors.
Armstrong Names Global Commercial Director and Commercial Director USA
Armstrong Fluid Technology announced Mike Fischer has been promoted to commercial director, global building business, reporting directly to the CEO, Todd Rief. Taking on the role of commercial director USA is Chris Markert.
Company Leaders Tackle Communication, Recruitment, Cost Control, and More During Owners’ Forum
In November, The Unified Group hosted its 2021 Annual Meeting & Owners’ Forum in historic San Juan, Puerto Rico.
Mike Miazga: Live and in person
There are certain world/U.S. events that you can recall exactly where you were when they happened. The first in my upbringing was the attempted assassination of President Reagan. I was walking up to our front porch after getting off the school bus when my mom told me about it. The Space Shuttle tragedy: I was […]
