Analyst Jeff Germanotta of William Blair & Co. investment firm, who began research coverage of Watsco (Coconut Grove, Fla.), said, “Within its HVAC business, Watsco has demonstrated its capacity to generate growth from both internal and external opportunities, including the integration of 47 acquisitions since 1989.”
Radiant heating sales estimates in 2004 were 214% above 2003 sales estimates, according to an annual survey by the Radiant Panel Association of major suppliers of radiant heating systems in North America.
A majority of HVAC contractors - 77% - plan to convert to 13 SEER by the January 2006 deadline, but 12% still plan to aggressively sell 10 SEER after the transition deadline, according to a survey by Emerson Climate Technologies.
Retiring Ferguson CEO Frank Roach and his successor Kevin Murphy talk about the seamless leadership transition, the company’s future and views on the current marketplace. Read more stories in 2017 May Issue.