Net sales of $6,803 million were 26.6% ahead of last year, 24.5% higher on an organic basis with 1.8% from acquisitions and a further 0.3% from the impact of foreign exchange. Inflation in the first quarter was in the low teens.
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.
Munch’s Supply a Chicagoland area-based heating, air conditioning and plumbing distributor, has acquired TML Supply and its 13 branches servicing the province of Ontario, Canada. This will expand Munch’s geographic footprint to 64 locations serving 16 U.S. states and one Canadian province.
ASA’s monthly sales report shows October 2021 results that reflect another month of robust performance compared to the same month a year ago. Year-to-date and trailing-twelve-month figures remained strong when compared against 2020, a year that had multiple weeks, if not months of closures or partial closures.
I read somewhere that the most prevalent machine in the world is the electric motor. I thought about that for a while and it made sense. Just look around. But then I began to wonder what the second-most prevalent machine in the world is. Turns out it’s the pump! And most pumps are connected to electric motors of one kind or another, so there you go. Throw a rock and you’ll hit a motor. Or a pump. They’re everywhere.
Located at Creekside Commerce Center on John Price Road in southwest Charlotte, at over 200,000 square feet, the new facility nearly doubles the company’s warehouse space in the region. The DC will serve IPEX’s customers in North Carolina, South Carolina, Virginia, West Virginia, Tennessee and Kentucky.
DDI System, a provider of ERP and eCommerce software for wholesale-distributors, announced David Greene has stepped into a new role with the company as director of business development. Greene, founder and former partner of a market-specific ERP for foodservice equipment and supply dealers joined DDI System as a dedicated Foodservice Market Specialist in January 2020. Greene’s wealth of industry expertise and trusted relationships strengthened DDI’s focus and growth in the foodservice equipment and supplies industry over the past year and a half.
NKBA Report finds cleanliness, sustainability and universal designs will be hot trends of 2022.
November 22, 2021
The National Kitchen & Bath Association (NKBA) released its annual Design Trends report. The 2022 study, a deep dive into all aspects of both kitchen and primary bathroom design, forecasts the styles, features, materials and innovations expected to be most popular over the next two to three years. The current study finds that the COVID-19 pandemic has accelerated consumer interest in and adoption of key trends in their homes such as integration of smart technology, multi-functional spaces and natural and nature-based designs.
PMI announced the election of Martin Knieps as president of the 2022 PMI Board of Directors during PMI’s 67th Annual Meeting of the Membership yesterday. The senior director of operational excellence at Viega, Knieps succeeds Todd Teter, senior vice president and general manager of the Professional Plumbing Group House of Rohl North America, a division of Moen. Teter will remain on the board as immediate past president. The meeting was held during the PMI21 Manufacturing Success Conference in San Diego.
The For the Pro Training Academy combines the company’s existing in-person training programs with a new self-paced eLearning option for Bradford White’s valued contractor customers.
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