The topic of labor has been front and center for quite some time now inside and outside of this industry. But it wasn’t until the recent Thanksgiving holiday break that it really hit home as to just how bad the current situation is. While waiting for my daughter to finish a recent fitness class, I […]
Category: Industry Events
Wholesale Distribution Revenue Growth Rate Ticks Upward
The anticipated revenue growth rate for U.S. wholesale distributors in 2021 ticked up slightly in November based on 10 months of data, rising from the 20.8% October forecast to 21.3%, according to the latest monthly industry forecast produced exclusively for MDM by the University of Colorado Boulder Leeds School of Business. The 2022 forecast also […]
Surveys Show High Expectations for Continued Home Improvement Demand
A pair of recent surveys show opportunities for HVAC workers and challenges heading toward the end of the year.
The Pandemic: Unforeseen Events and Unforced Errors
The coronavirus pandemic has been one of those once-in-a-lifetime events that no one, especially employers, ever wants to see again.
Harris Expands HVAC Presence, Adds FTP and Shoals Tubular Product Lines
Harris Products Group announced the acquisition of two manufacturers: Fabricated Tube Products (FTP) and Shoals Tubular, Inc.
Build Back Better: So Far, Pretty Good for HVAC Projects
The Build Back Better Act inspired significant haggling in Washington before finally receiving passage in the House of Representatives.
Why We’re Grateful for HVACR Techs: A Special Thanks
It’s November, the month in which we all give thanks. In our industry, that means being thankful for technicians that work tirelessly to make HVAC systems run smoothly.
Altierus Training Solutions Launches Training Program for HVAC Employers
ATS announced the launch of its new Accelerator training platform, created to help HVAC employers develop field-ready technicians faster and more effectively than traditional means.
ACCA Fall Meetings Bring Industry Members Together Again
ACCA held back-to-back fall meetings in New Orleans, LA, bringing together contracting professionals for industry-led educational programs and networking for the first time since 2019.
Caspr Group Announces CEO Derek Blount
CASPR Group announced Derek Blount as its chief executive officer. Blount joined CASPR earlier in the year as chief operating officer to sharpen operations.
Trade Deficit Shrinks to $82.9B
The international trade deficit was $82.9 billion last month, down $14.1 billion from the $97 billion reported in September, according to the U.S. Census Bureau. Exports of goods for October were $157.4 billion, $15.3 billion more than September exports. Imports of goods for October were $240.3 billion, $1.1 billion more than the prior month. Wholesale […]
Real GDP Up Slightly in New 3Q Estimate
Real gross domestic product increased at an annual rate of 2.1% in the third quarter of 2021, according to the “second” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7%. The GDP estimate released Wednesday was based on more complete source data than were available for the “advance” […]
US LBM to Acquire Barrons
US LBM, a building materials distributor based in Buffalo Grove, Illinois, says it has reached an agreement to acquire Barrons, a provider of lumber and building materials to professional builders in the Washington, D.C. metro area. Financial terms were not disclosed. Barrons serves professional builders including remodelers, custom home builders and outdoor living builders with […]
Regal Rexnord Acquires Arrowhead
Beloit, Wisconsin-based Regal Rexnord (NYSE: RRX) acquired Oshkosh-based Arrowhead Systems, a producer of industrial process automation solutions, including conveyors, palletizers and depalletizers to the food and beverage, aluminum can and consumer staple industries. Regal Rexnord, a manufacturer of industrial powertrain solutions, power transmission components, electric motors and electronic controls, announced the acquisition Tuesday. Financial terms […]
Ready to Upfit Your HVAC Vehicles? Consider These 4 Important Points
Before you upfit your next commercial vehicle, take a look at these four important considerations, which can save you time and money.
ISH China & CIHE Returns Next May
China’s ISH China & CIHE international trade fair will take place from May 9-11, 2022 at the New China International Exhibition Center in Beijing.
How to Measure Net Oil Pressure
Before servicing any refrigeration or air conditioning systems that contain an oil pump, technicians should make sure they understand the difference between net oil pressure and oil pump discharge pressure.
The Amazon Effect: Must Distributors Keep Up?
Few doubt whether Amazon’s fast and free delivery options have impacted the retail, distribution and shipping industries. But some are still debating whether a Prime-like delivery model will translate to B2B e-commerce, and whether such a model is truly necessary. Whether or not distributors need to offer next-day delivery, B2B customers do expect the option […]
Leadership Forum Focuses on Developing Next Generation of Leaders
In October 2021, more than 40 current and upcoming leaders within The Unified Group met in Texas for the 2021 Leadership Forum.
84 Lumber Opens in Idaho
Pennsylvania-based 84 Lumber Company this week opened its first Idaho store, near the state capital of Boise. The building materials, manufactured components and services supplier for family residences and commercial buildings said the store opening is part of a company effort to “meet a growing need for lumber and building materials across the Pacific Northwest.” […]
