Distributor Industry News Clips

Watsco To Acquire Peirce-Phelps Inc.

This post was originally published on this site Watsco To Acquire Peirce-Phelps Inc. | 2019-07-18 | ACHR News This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website Uses CookiesBy closing this message or continuing to use our site, you agree to our cookie policy. Learn More This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.

Malco Supports Trade Education Programs

This post was originally published on this site Malco Supports Trade Education Programs | 2019-07-18 | ACHR News This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website Uses CookiesBy closing this message or continuing to use our site, you agree to our cookie policy. Learn More This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.

Danfoss Hosts EnVisioneering Symposium

This post was originally published on this site Danfoss Hosts EnVisioneering Symposium | 2019-07-18 | ACHR News This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website Uses CookiesBy closing this message or continuing to use our site, you agree to our cookie policy. Learn More This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.

Registration Opens for HARDI 2019 Annual Conference

This post was originally published on this siteHeating, Air-conditioning & Refrigeration Distributors International (HARDI) announced it has launched registration for the 2019 HARDI Annual Conference —Pulse — to convene this coming December 7-10, 2019 in New Orleans, LA. The conference will give members the chance to discuss significant areas of opportunity in the industry and how to better unite all levels of the supply chain. HARDI HARDI sources report that the HARDI Annual Conference has become the premier destination for HVACR industry leaders to connect and discuss ideas to better the industry. With this year’s location in New Orleans, HARDI mixed the rich jazz culture of the city with industry discussion to create the Pulse theme. Pulse is an ode to the musicality of New Orleans. That’s why this year the Pulse Conference was created to strengthen the rhythm of the HVACR wholesale industry as a unit. “HARDI has worked hard this year to better understand the current state of wholesale distribution. The Pulse Conference will be the perfect opportunity for us to share the findings of our research through our first annual State of the Industry report.” said Talbot Gee, CEO of HARDI. “Our strategic plan is predicated on a proactive

PPG Sales Down 2.6% in 2Q

This post was originally published on this sitePPG Industries (NYSE: PPG), Pittsburgh, reported sales for the second quarter of $4 billion, down 2.6% from the same period a year ago. Profit decreased 26.7% to $272 million. For the first six months, sales were $7.6 billion, down 3.3% year-over-year. Profit for the period was $584 million, down 17.2% from the prior year. Previous Article United Rentals Second Quarter Sales Up 21.1% © 2019 Gale Media, Inc. Please do not reprint MDM’s content on your website without MDM’s express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management. The 2018 Top Distributors List This free PDF includes lists of top distribution companies across 14 sectors. You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content. Download the Free PDF now >> MDM Update: Daily Newsletter  Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox.  Sign-up for MDM Update >>

United Rentals Second Quarter Sales Up 21.1%

This post was originally published on this siteUnited Rentals, Inc. (NYSE: URI), Stamford, Connecticut, reported sales of $2.3 billion for the second quarter, up 21.1% compared to a year ago. Earnings were $270 million, flat compared with a year ago. For the first six months sales grew 21.5% to $3.8 billion. Profit decreased 1.8% to $445 million. United Rentals completed the acquisitions of BakerCorp International Holdings, Inc. and Vander Holding Corporation and its subsidiary, BlueLine, in July 2018 and October 2018, respectively. BakerCorp and BlueLine are included in the company’s results subsequent to the acquisition dates. Previous Article Snap-on Sales Down Slightly in 2Q © 2019 Gale Media, Inc. Please do not reprint MDM’s content on your website without MDM’s express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management. The 2018 Top Distributors List This free PDF includes lists of top distribution companies across 14 sectors. You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content. Download the Free PDF now >> MDM Update: Daily Newsletter  Sign up to read

Snap-on Sales Down Slightly in 2Q

This post was originally published on this siteSnap-on Inc. (NYSE: SNA), Kenosha, Wisconsin, reported sales for the second quarter of $951.3 million, a decrease of 0.3% from the prior year. Organic sales increased 1.6%. Profit increased 1% to $189.4 million. Commercial and industrial group segment sales of $335 million in the quarter decreased 0.8% from 2018. Snap-on tools group segment sales of $405.8 million declined 1.5%, and repair systems and information group segment sales of $348.9 million increased 1.7% from 2018. For the first six months, sales were $1.9 billion, down 0.9% over the prior-year period. Profit increased 4.9% to $358.3 million. Previous Article Textron’s Sales Down 13.4% in Second Quarter © 2019 Gale Media, Inc. Please do not reprint MDM’s content on your website without MDM’s express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management. The 2018 Top Distributors List This free PDF includes lists of top distribution companies across 14 sectors. You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content. Download the Free PDF now >> MDM Update:

OESP Raises More Than $20,000 at Care to Ride

This post was originally published on this site OESP Raises More Than $20,000 at Care to Ride | 2019-07-18 | ACHR News This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website Uses CookiesBy closing this message or continuing to use our site, you agree to our cookie policy. Learn More This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.

AMCA to Present Free Webinars on Air-System Engineering, Technology

This post was originally published on this site AMCA to Present Free Webinars on Air-System Engineering, Technology | 2019-07-17 | ACHR News This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website Uses CookiesBy closing this message or continuing to use our site, you agree to our cookie policy. Learn More This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.

Creating a Company Culture of Giving Back

This post was originally published on this site Creating a Company Culture of Giving Back | 2019-07-17 | ACHR News This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website Uses CookiesBy closing this message or continuing to use our site, you agree to our cookie policy. Learn More This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.

ACCA and Money Mailer of South Bay Partner on Exclusive Benefit Program

This post was originally published on this site ACCA and Money Mailer of South Bay Partner on Exclusive Benefit Program | 2019-07-17 | ACHR News This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website Uses CookiesBy closing this message or continuing to use our site, you agree to our cookie policy. Learn More This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.

E-learning Works —Just Ask PHCC

This post was originally published on this site We’ve all heard the phrase “the devil is in the detail.”  But its opposite is true as well “success is in the detail.” I recently decided to explore and educate myself about the current success of the e-learning process and its program, as it pertains to contractors – specifically the plumbing and HVAC industry.  I have to tell you that as an “old-schooler,” I was somewhat apprehensive and perhaps somewhat intimidated. I was though, fully prepared to learn about the technology and I sincerely thought that the story of e-learning would end right there — about the technology.  Online education is exploding and it would seem reasonable to assume that e-learning for an apprentice in the industry would be a no-brainer whose time has come.  It would also seem reasonable and make sense that the plumbing and HVAC industry would embrace its value. But that’s where the detail comes into play. The success of e-learning in the plumbing and HVAC industry is a fantastic study in the principles of selflessness, cooperation, and teamwork – as demonstrated by the PHCC Educational Foundation and PHCC State Chapters.   What I unexpectedly stumbled into was an entirely weightier

Fleet Management eBook: Saving Your Assets

This post was originally published on this site As a business leader, you must address a variety of issues, such as cost of ownership, make/model selection, maintenance schedules, driver safety policies, fuel programs, insurance coverage, advertising/branding, fleet management technology, and equipment inventory management/control. Fall short in any of these areas, and you’ll surely find yourself wasting valuable time and resources on unnecessary activities. The select group of articles featured in this e-book presents sound advice from industry experts in these subjects. Don’t pass up the chance to learn from their years of experience. Complete the form below to access your copy.

Textron’s Sales Down 13.4% in Second Quarter

This post was originally published on this siteTextron (NYSE: TXT), Providence, Rhode Island, reported total revenues of $3.2 billion for the second quarter of 2019, down 13.4% compared with the second quarter of 2018. Profit for the second quarter fell 3.1% to $217 million. Revenues at Textron Aviation of $1.1 billion were down $153 million from last year’s second quarter, primarily due to lower volume and mix across the commercial turboprop and defense product lines. Segment profit was $105 million in the second quarter, Bell revenues were $771 million, down 7% from last year, primarily on lower military volume. Segment profit of $103 million was down $14 million, primarily due to the lower military volume Revenues at Textron Systems were $308 million, down from $380 million last year, primarily reflecting lower volume at TRU Simulation + Training and Unmanned Systems. Segment profit was up $9 million from last year’s second quarter, primarily due to favorable performance which included a gain related to the formation of our new training business with FlightSafety International Inc. Industrial revenues of $1 billion decreased $213 million, largely related to the impact from the disposition of our Tools & Test product line and lower volume. Segment

SKF Sales Down Slightly in 2Q

This post was originally published on this siteSwedish bearing manufacturer SKF (STO: SKFA) Goteborg, Sweden, reported sales for the second quarter of SEK 22.5 billion (US$2.4 billion), down 0.4% over the same period a year ago. Organic sales fell 1.6% compared to last year. Profit fell % to SEK 2.5 billion (US$0.27 billion). Year to date, sales were SEK 43.8 billion (US$4.7 billion), up 1.3% over the prior year period. Profit for the first six months fell % to SEK 5.6 billion (US$0.6 billion). Previous Article Sandvik Sales Up 1.3% in 2Q19 © 2019 Gale Media, Inc. Please do not reprint MDM’s content on your website without MDM’s express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management. The 2018 Top Distributors List This free PDF includes lists of top distribution companies across 14 sectors. You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content. Download the Free PDF now >> MDM Update: Daily Newsletter  Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to

Sandvik Sales Up 1.3% in 2Q19

This post was originally published on this site© 2019 Gale Media, Inc. Please do not reprint MDM’s content on your website without MDM’s express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management. The 2018 Top Distributors List This free PDF includes lists of top distribution companies across 14 sectors. You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content. Download the Free PDF now >> MDM Update: Daily Newsletter  Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox.  Sign-up for MDM Update >>

Hunter Industrial Expands Leadership Team

This post was originally published on this site Hunter Industrial Expands Leadership Team | 2019-07-17 | ACHR News This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website Uses CookiesBy closing this message or continuing to use our site, you agree to our cookie policy. Learn More This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.

VRF Installation Brings Comfort to Multi-family Housing

This post was originally published on this site Steelhead Mechanical wins projects by virtue of its experience and ability to offer comfort solutions. One of those solutions is VRF, which has become more popular in multi-family housing. The variable refrigerant flow (VRF/VRV) market is booming in North America and the Pacific Northwest is one region that’s leading the surge. Mini-split air conditioner sales, in particular, are flourishing due to utility rebates, greater HVAC contractor acceptance, claims of increased air comfort and efficiency over competing methodology and the labor/material savings of eliminating ductwork. An example is the utility rebates facilitated by the Northwest Ductless Heat Pump Project, a Portland, Ore.-based initiative of the Northwest Energy Efficiency Alliance, according to HVAC manufacturer’s representative, Scott Herberg, principal Pacific NW Reps LLC, Yakima, Wash.  On the cusp of this wave is Steelhead Mechanical, which has been installing VRF regularly for several years and is scoring lucrative large multi-family housing unit HVAC projects with its experience. Consequently, Shawn Talley, manager at the Spokane, Wash.-based commercial contractor, has developed a variety of techniques for large-scale VRF projects that save building owners money, cut waste but also result in quality and prevent callbacks. Illustrating VRF’s popularity is

Greenheck Expands Automatic Balancing Damper Line

This post was originally published on this siteGreenheck has added two new products to its automatic balancing damper (ABD) line. Model ABD-FD incorporates a UL 555 rated 1-1/2 or 3 hour static fire damper, flanged sleeve, an ABD and an optional factory-supplied grille. The entire ABD-FD assembly is UL rated and approved and can be used in both supply and exhaust applications.  Ceiling radiation damper CRD-1WT, UL classified for wood truss floor/ceiling assemblies, now has the option to add an ABD mounted in the plenum box. Greenheck Pressure independent automatic balancing dampers are designed to maintain constant airflow volume in HVAC applications. The damper blade is calibrated to automatically adjust to changing pressures. Greenheck, a worldwide leader in manufacturing and distributing air movement, conditioning and control equipment, offers the most UL certified dampers and the largest selection of AMCA licensed dampers in the industry. For more information about Greenheck products, visit www.greenheck.com 

Greenheck Expands Automatice Balancing Damper Line

This post was originally published on this siteGreenheck has added two new products to its automatic balancing damper (ABD) line. Model ABD-FD incorporates a UL 555 rated 1-1/2 or 3 hour static fire damper, flanged sleeve, an ABD and an optional factory-supplied grille. The entire ABD-FD assembly is UL rated and approved and can be used in both supply and exhaust applications.  Ceiling radiation damper CRD-1WT, UL classified for wood truss floor/ceiling assemblies, now has the option to add an ABD mounted in the plenum box. Greenheck Pressure independent automatic balancing dampers are designed to maintain constant airflow volume in HVAC applications. The damper blade is calibrated to automatically adjust to changing pressures. Greenheck, a worldwide leader in manufacturing and distributing air movement, conditioning and control equipment, offers the most UL certified dampers and the largest selection of AMCA licensed dampers in the industry. For more information about Greenheck products, visit www.greenheck.com 

Superior Boiler Promotes Danny Lane to Vice President of Operations

This post was originally published on this site Superior Boiler Promotes Danny Lane to Vice President of Operations | 2019-07-16 | ACHR News This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website Uses CookiesBy closing this message or continuing to use our site, you agree to our cookie policy. Learn More This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.