Noland Co. (Newport News, Va.) reported its net income for the year 2003 was $12.4 million, up 30% from 2002, while sales of $471.8 million were down 3% from the prior year. Air conditioning sales rose 10%.
Colonial Commercial Corp. (Levittown, N.Y.) reported net income of $325,659 for the third quarter ended Sept. 30, 2003, and $437,394 for the nine months, vs. $142,393 and a loss of $95,001 for the same periods in 2002.
PVF insiders paint a more positive marketplace outlook going forward, but still with a hint of caution sprinkled in. SWA President David Popek helps PHCP distributor VAMAC thrive in the Mid-Atlantic region. Read more stories in 2017 August Issue.