Articles about the shortage of qualified HVAC technicians primarily focus on the negative. Some suggest that the HVAC industry will be in serious trouble, especially when the residential and commercial sectors both build up a head of steam. But the laws of supply and demand may actually bring about the change that the industry needs.
Andrew John, owner of John’s Refrigeration Heating and Cooling, has announced the expansion of the company with the acquisition of another locally-owned HVAC business: Rom-air Inc. of Mesa, Arizona. John’s has been a family-owned business operating in the Phoenix metro area since 1970.
Buying a new construction-oriented HVAC contracting business in Indianapolis in 2007 was very risky, but growing that $2 million business during an economic downturn into a $27 million contracting giant in five years is almost beyond belief. How was it done?