For your information news briefs from a wide variety of categories within the HVAC industry. Price increases, mergers and acquisitions, award winners, and more are highlighted here each week.
ACQUISITIONS
Hoshizaki Corp. (Peachtree City, Ga.) acquired distributor Cannon Marketing Inc. (Kinston, N.C.).
MANUFACTURERS
Midea America Corp. (Parsippany, N.J.) introduced a heat-pump water heater to the North American residential market.
Two Posifa Technologies (San Jose, Calif.) A2L refrigerant leak sensors were recognized by UL Solutions (Northbrook, Ill.).
Weidmuller USA (Richmond, Va.), part of the Weidmüller Group (Detmold, Germany), marks its 50th anniversary this year.
Carrier Global Corp. (Palm Beach Gardens, Fla.) said it would hire 1,000 technicians and provide additional training for 100,000 Carrier and Carrier partner technicians within five years.
RESIDENTIAL CONTRACTORS
Tim Ferguson Plumbing, Air and Electric (Memphis and Jackson, Tenn.) named Nick Hayes vice president and general manager, to succeed Tim Ferguson, who
is retiring.
High 5 Plumbing, Heating, Cooling & Electric (Denver) donated more than $25,000 to six local charities last year, surpassing $100,000 donated since 2018.
COMMERCIAL CONTRACTORS
Controls Service and Engineering Co. Inc. (New Cumberland, Pa.) was give the Sam DeAngelis Peer of the Year Award by the Synergy Solution Group (Lisle, Ill.).
DISTRIBUTORS
Meijer Supply Co. Inc. (Conklin, N.Y.) opened a location in Uniontown, Pennsylvania, and another in Greensburg, Pennsylvania.
F.W. Webb Co. (Bedford, Mass.) has added the entire Rheem Manufacturing Co. (Atlanta) HVAC line to its inventory.
CONTRACTOR SERVICES
Paul Kelly, former owner of Parker & Sons (Phoenix) and a consultant to the Wrench Group (Marietta, Ga.), joined SmartAC.com (Houston) advisory board.
Site Pro Rentals (Dallas) opened a new branch in Laredo, Texas.
Nexstar Network (Bloomington, Minn.) named Ripley PR (Maryville, Tennessee) a strategic partner.
Business Development Resources (Seattle) was named to a list of Washington’s Top 100 Places to Work by Seattle Business Magazine (Seattle).
FINANCIAL REPORTS
ServiceTitan (Glendale, Calif.) announced revenue for the most recent quarter of $199.3 million, a year-over-year increase of 24%.
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