AD announced its member-owners elected two directors to its 2022 board of directors. AD’s newly elected director is Karla Neupert Hockley, president of Consolidated Supply Co. Tim Horsman, president & CEO of E.B. Horsman & Son was reelected by AD’s member-owners.
Marcone, a distributor of home appliance, HVAC and plumbing repair parts and equipment across North America and current portfolio company of Genstar Capital announced it has acquired Munch’s Supply, a distributor of HVAC equipment, parts and supplies from Ridgemont Equity Partners. Ridgemont and the Munch’s management team will retain a meaningful minority stake in the combined entity.
APR Supply Co. announced it has partnered with Podium to offer its contractors a solution to improve their customer experience with award-winning interaction management. Podium is a communication and payments platform that uses the simple power of texting to empower businesses to get more reviews, convert website traffic, collect payments and send promotions.
After 56 years of significant expansion and growth, the Abeling family has transitioned 100% of the company’s total ownership to all the employees of the company through a qualified retirement plan known as an Employee Stock Ownership Plan (or ESOP). All eligible employees will be granted shares of Company stock each year, at no cost, allowing them to earn ownership over time through their service to the company and accumulate tax-deferred retirement wealth. Consumers Pipe & Supply Co. joins a group of elite 100% employee-owned companies across the U.S.
Leadership changes in Southwest Louisiana and Texas markets follow Geyser's retirement.
January 4, 2022
In October, Coburn’s honored General Manager Bill Geyser who retired after 46 years of service with the company. With Bill's retirement and with the continued growth of Coburn's, the company has made changes to its personnel and leadership in the Southwest Louisiana and Texas markets, taking effect immediately.
The Gustave A. Larson Co. announced it closed on the purchase of Progress Supply, Inc. (PSI), on December 17, 2021. Progress Supply is a long-time established and successful multi-location HVAC and Refrigeration distribution company in central and southwestern Ohio, southeast Indiana and northern Kentucky.
Founded in 1922 as Lebanon Plumbing Supply, APR Supply Co. is now guided by third generation owner, President and CEO Scott Weaver. Since its inception, APR Supply Co. has grown from a single location to 39 branches and 9 Oasis Kitchen and Bath Showrooms throughout Pennsylvania, New Jersey, and Delaware.
On Dec. 7, 2021, more than 27,000 customers of Amazon Web Services (AWS) — which includes Ring Security Cameras, Disney+, Netflix, Prime Video, Facebook, Venmo and more— experienced site outages, slow streaming or complete shut-offs of services. The outage also affected Amazon’s ability to deliver on its usually two-day shipping promise and delayed updates for customers.
ProSource Supply has acquired Marion Davis, a plumbing, lighting and electrical supplier with two locations in Upstate, South Carolina. Marion Davis will be rebranded to ProSource Supply after a transition period.
As another year comes to a close, I cannot help but to look back and reflect on how resilient and successful our association was during another year of disruption. For a second straight year, our world struggled with a worldwide pandemic and unprecedented supply chain disruption. But one thing remains constant. Our association and our dedicated volunteer leaders continue to be the voice of hope for a stronger future for our industry.
