This diverse group of five participants includes roles from executive and marketing to purchasing and inventory experts. After the nearly three-hour conversation, it was clear one thing is for certain; the current supply chain status and high-demand calls for an all-hands-on-deck approach.
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.
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.
Founded in 1990, VEP provides a patented shield product designed for all types of piping, as well as seismic applications, and has built its reputation on providing responsive customer service and innovative product design.
Rheem has acquired DEJONG, an independent manufacturer and supplier of stainless-steel hot water tanks, from Nordian Capital. Founded in 1859 and based in Gorredijk, the Netherlands, DEJONG produces hot water tanks for multiple applications including solar, heat pump and boiler configurations
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.
Oatey Co. announced that Central Sales Inc. (CSI) is now Oatey’s manufacturer representative in Nebraska and Iowa. The change comes as a result of CSI’s recent acquisition of In Depth Marketing, which was effective January 3. All In Depth Marketing employees have joined the CSI team.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) members raised $134,550 in 2021 for Homes for Our Troops, the association’s philanthropic partner. In addition to the cash donations raised in 2021, HARDI members committed to donating the HVACR equipment to 19 specially adapted homes for injured military veterans across the country.
In 1992, I self-published a thick book I called, "The Lost Art of Steam Heating." I did this because I could not get a publisher interested in something that few, if any, contractors had installed since the 1930s. I thought it would do well in New York City, where there are still plenty of steam-heated buildings, but to my delight, we sold tens of thousands of copies everywhere, and even in Hawaii. Go figure.
Within the American Supply Association, the Emerging Leaders division offers up-and-coming professionals in the industry the ability to network with their peers from around the country as well as educational benefits to help them grow in their careers. Considered the leaders of tomorrow, it is paramount to the success of the industry that this group grow and continue to cultivate the skills learned from participating in Emerging Leaders.
I can’t believe that is has been nearly 10 years since Joe Poehling of First Supply flew out to visit me at our offices in New Hampshire to pitch me on the value of getting active in ASA. Joe was ASA president at the time, and I always looked up to him as an industry leader and great business person. Little did I know that meeting would eventually lead me to taking over as the 53rd president of ASA. Guess I should have known that Joe is way too good of a salesman!
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.
There are certain world/U.S. events that you can recall exactly where you were when they happened. The first in my upbringing was the attempted assassination of President Reagan. I was walking up to our front porch after getting off the school bus when my mom told me about it. The Space Shuttle tragedy: I was in school that day. If my memory serves correctly, we had a grainy TV on that was on one of those huge school AV carts.
“As we enter into 2022,” — when you say that out loud it sounds a lot like “2020-2.” Don’t be alarmed, I believe things are moving in a positive direction. I have laid out trends that I see as important factors moving into the new year. I am not going to prognosticate about where the stock market is going, but rather about what I feel is going to be the most important factors impacting supply houses across the country.
While people fall year-round, the freezing season is the perfect time to think about fall prevention. Fall hazards such as slippery leaves, wet pavement and frozen water are common in the colder season. They can't be ignored, even when businesses are extremely busy. The injuries sustained from a fall can range from the bruised ego to death. According to the Bureau of Labor Statistics, there were 5,333 fatal occupational injuries in the United States in 2019. Out of the 5,333 fatalities, approximately 900 or 17% of the total were the result of slips, trips and falls.
The nasty secret that we decorative plumbing folks hold close to our vest is that only a handful of architects, designers, builders and maybe a homeowner or two have the ability to completely design, procure and build the bathroom that they envision.
With 62 feet max head and 320 GPM max flow, Taco Comfort Solutions’ new 00e VR Series high-efficiency ECM circulators raise the bar for high-efficiency, high performance ECM circulators, the company notes.