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Category: Industry Events

SPX Cooling Announces 2022 Marley School of Cool Service Contractor Workshops

SPX Cooling Technologies, Inc. is continuing its industry education series and has scheduled three dates for its School of Cool workshops for HVAC service contractors.

New Member Spotlight — MTE Corporation

New Member Spotlight — MTE Corporation

MTE Corporation was formed in 1982 by bringing together Milwaukee Transformer Co., Transformer Design Inc., and Milwaukee Electronics Corp. – companies that specialized in different fields of magnetics and transformer designs and were long established in their respective fields. MTE vaulted into a leadership role in power quality with its unique AC reactor design and […]

Mike Miazga: ASA special compensation study highlights continued industry labor struggles

Do you want the OK news first or the bad news first? How about we try to stay somewhat positive out of the gates. ASA recently released findings from its second special compensation/benefits study that it commissioned business intelligence partner Industry Insights to conduct in the latter part of 2021.

Beacon Yearly Sales Up 12.2%

Beacon Yearly Sales Up 12.2%

Roofing material and building products distributor Beacon (Nasdaq: BECN) reported that 2021 net sales increased 12.2% compared to the prior year despite one fewer business day, an annual record for net sales from continuing operations. Residential roofing product sales increased 11.3%, complementary product sales increased 19.4%, and non-residential roofing product sales increased 8.5% compared to […]

Amidst Gangbusters Job Market, Employers Must Do More to Attract, Retain Talent

Amidst Gangbusters Job Market, Employers Must Do More to Attract, Retain Talent

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 Amidst Gangbusters Job Market, Employers Must Do More to Attract, Retain Talent appeared first on Modern Distribution Management.

Carrier Signs Agreement to Acquire Toshiba's Global VRF and Light Commercial HVAC Business

Carrier Global Corporation signed a binding agreement to acquire Toshiba Corporation’s ownership stake in Toshiba Carrier Corporation (TCC).

What Labor Shortage? Technology-Enabled Sales Teams Don’t Miss a Beat

What Labor Shortage? Technology-Enabled Sales Teams Don’t Miss a Beat

Lately, distributors tend to have less trouble finding leads than the manpower to capture them. For the fourth quarter of 2021, 65% of business economists reported an increase in sales, but 57% reported experiencing labor shortages, according to the National Association for Business Economics January 2022 Business Conditions Survey. Why this imbalance? The Washington Post […]

What Labor Shortage? Tech-Enabled Sales Teams Don’t Miss a Beat

What Labor Shortage? Tech-Enabled Sales Teams Don’t Miss a Beat

Lately, distributors tend to have less trouble finding leads than the manpower to capture them. For the fourth quarter of 2021, 65% of business economists reported an increase in sales, but 57% reported experiencing labor shortages, according to the National Association for Business Economics January 2022 Business Conditions Survey. Why this imbalance? The Washington Post […]

Eaton Reports Quarterly, Annual Gains

Eaton Reports Quarterly, Annual Gains

Power management company Eaton Corporation plc (NYSE: ETN) of Dublin, Ireland, said sales in the fourth quarter of 2021 were $4.8 billion, up 2% from the fourth quarter of 2020. The sales increase consisted of 6% growth in organic sales and 7% growth from acquisitions, which was partially offset by 10% from the divestiture of […]