Items Tagged with 'Ferguson'

The awards were presented on December 10 during a special ceremony in Newport News, Virginia, home to Ferguson’s headquarters. The event brought together industry leaders, executives, and representatives across the logistics sector.

The switch to A2L refrigerants has raised concerns, especially around flammability and certifications. While these worries make sense, they often hide the real facts.

Thanks to the support of Ferguson’s associates, vendors and customers, more than $112,000 was raised for the scholarships, exceeding the original goal. 

The construction industry faces a workforce gap of half a million, intensified by the impending retirement eligibility of the baby boomer generation. Women, making up just 10% of the industry (4% in the skilled trades), represent a significant untapped resource.

 In total, the company has closed on eight acquisitions this fiscal year, ending July 31, 2024. Aggregate annualized revenues for all acquisitions this fiscal year is approximately $350 million.

Ferguson has signed definitive purchase agreements to acquire Yorkwest Plumbing Supply and Grove Supply, and closed on the acquisition of Harway Appliances. These acquisitions have aggregate annualized revenues of approximately $220 million.

In addition to training initiatives, Ferguson offers competitive compensation packages and avenues for advancement. 

Earlier this summer, CEO Kevin Murphy and David Hill, Director of Business Development for Waterworks, Ferguson, participated in a White House roundtable session on lead service line replacement (LSLR), a focused effort to improve the quality of drinking water infrastructure in the US over the next five years funded by the Bipartisan Infrastructure Law.

Ferguson published its fiscal year (“FY”) 2023 ESG Report, outlining the company’s progress on its ESG strategy and vision to minimize the environmental impact of its operations and foster a culture that is safe, inclusive, accepting and engaging for all its associates.  

Ferguson announced its financial results for Q4 and fiscal year end 2023.