St. Louis-based Core & Main Inc. (NYSE: CNM), a specialized distributor of water, wastewater, storm drainage and fire protection products, announced Tuesday that it has entered into a definitive agreement to acquire substantially all of the assets of Catalone Pipe & Supply Co., a full-service provider of waterworks products and services, and custom concrete catch […]
Category: Industry Events
ISA President Gerber Departing
Industrial Supply Association President and CEO Ed Gerber will depart to pursue a “life-changing” opportunity, the association said in a notice to its members Tuesday. “After 5 years as President & CEO of ISA, Ed Gerber will be departing the association to pursue a transformational professional opportunity that, in Ed’s words, ‘will be life-changing for […]
Atlas Copco Acquires Vacuum Distributor
Swedish industrial manufacturer Atlas Copco said Tuesday it has acquired German distributor of vacuum equipment Eugen Theis GmbH. The company is a distributor of vacuum equipment and service solutions that serves the German market, Atlas Copco said. “This acquisition will expand our presence in Germany with industrial vacuum products and services,” said Geert Follens, business […]
Hillman Increases Distribution Capacity
Hillman Solutions (NASDAQ: HLMN), a supplier of complete hardware solutions, says it will unveil its “state-of-the-art” distribution center in Jacksonville, Florida, which will create 50 new jobs. The company says the expansion caps a 15-year presence in Jacksonville and will enable Hillman to better service retailers in the Southeast. The Hillman Group was listed among […]
New Residential Construction Slowed in September
The rate of new residential construction slowed in September, two federal departments said. Privately‐owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,589,000, 7.7% below the revised August rate but virtually unchanged from the September 2020 rate, according to a report from U.S. Census Bureau and the […]
Keys to Adopting a Customer-Centric Distribution Sales Strategy
Market research shows that business-to-business selling continues to evolve and the purchasing journey has changed drastically in recent years, hence the need for a customer-centric distribution sales strategy. B2B buyers are smarter and understand more about their procurement needs than ever before, requiring sellers to be more agile and adaptable to meet their needs. Research […]
Government Money Available for Library HVAC Upgrades
If HVAC contractors want to find a new source of revenue, they should visit their local library.
Air Pros USA Teams up With Florida Gators Football and Alachua County Veteran Services Division
Thomas was nominated by the Alachua County Veteran Services Division because of his service to the country, and he has a 23-year-old A/C unit in need of being replaced.
CoolToday Partners With Give Kids The World Village
CoolToday announced that Give Kids The World Village has become a charity partner for its Orlando location.
C&C Heating and Air Conditioning Installs Donated York HVAC System
To support Staff Sergeant Hally, Johnson Controls and York Factory Direct donated a York heating and cooling system.
Chiller Manufacturers Respond to Needs of In-Demand Markets
Several segments of the commercial HVAC market are showing strength. Chillers play an integral part in the HVAC systems for these markets.
Pentair Finalizes $255M Pleatco Acquisition
Pentair (NYSE:PNR), a provider of water treatment and sustainable solutions, says it has completed its transaction to acquire Pleatco for approximately $255 million in cash, subject to customary adjustments. Pleatco manufactures water filtration and clean air technologies for pool, spa and industrial air customers. The acquisition provides Pentair additional replacement filter products to be sold […]
Sonepar USA President on Unique Approach to M&A
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? Sonepar USA, fresh off its market-shifting acquisition of Springfield Electric, has a specific profile of the type of company it looks to acquire in its approach to M&A. Despite its status […]
Fed: Industrial production dropped 1.3% in September
Industrial production dropped 1.3% in September after moving down 0.1% the month before, according to the U.S. Federal Reserve. Output was previously reported to have risen 0.4% in August. In September, manufacturing output decreased 0.7%. The production of motor vehicles and parts fell 7.2%, as shortages of semiconductors continued to hobble operations; factory output elsewhere […]
Platinum Equity Acquires Oregon Tool
Platinum Equity, a global investment firm with more than $25 billion in assets under management, announced that its acquisition of Oregon Tool has been completed. Oregon Tool is a global manufacturer and distributor of aftermarket-driven professional grade cutting tools, outdoor equipment accessories and parts. Financial terms were not disclosed. Oregon Tool is the world’s leading […]
FDH Aero Acquires Stealth
Southern California-based FDH Aero, an aerospace and defense products distributor for aircraft production and aftermarket supply chains, has acquired Stealth Aerospace. Stealth is FDH’s ninth acquisition and the seventh completed since Audax Private Equity invested in FDH in 2017. Founded in 1995, Stealth is a stocking distributor of aerospace electrical and electro-mechanical components, including relays, […]
Trane Rebrands Nexia Home Intelligence to Trane Home
Trane Home was formerly known as Nexia Home Intelligence.
AAON Releases 2020 Sustainability ESG Report
In the report, the company highlights sustainability practices, achievements, as well as long-term targets
Compressor Uses Continue to Expand as Unit Sizes Contract
Have 166 years of small improvements and occasional leaps in chemistry taken us to the limit of what compressors can do?
High-End HVAC: Contractors Should Look Beyond Efficiencies
As it stands, simply staying informed and competitive on available ways to pay can turn a certain number of jobs into additional “high-end HVAC” projects.
