Chairman and CEO Albert H. Nahmad states, “Overall, our results represent a nice finish to another excellent year”
February 15, 2016
HVACR distributor Watsco Inc. reported record results for the fourth quarter and the year ended Dec. 31, 2015. For the full year, the company achieved 4 percent sales growth to a record $4.11 billion (5 percent on a same-store basis).
Johnston turns over the daily management of operations
January 29, 2016
Winsupply Inc., a leading supplier of residential and commercial construction and industrial supplies and equipment, announced Roland Gordon has been named president of the company. Jack Johnston, who was named chief executive officer in September 2015, turns over the daily management of operations.
Will help connect high-quality job seekers to the career opportunities in HVACR distribution
January 27, 2016
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) announced it has signed on as an Alliance Partner with Industrial Careers Pathway® (ICP). The alliance will allow HARDI to pool resources with similar organizations, enhance its visibility, and enable its members to attract talent.
WinWholesale Inc., one of the largest distributors in the nation, announced it has a new name: Winsupply Inc. Rick Schwartz, chairman, said, “Winsupply connects the more than 570 Win local companies to a single, cohesive, powerful brand that creates national presence and position.”
First acquisition for company in the Southeast region
September 28, 2015
MORSCO, a distributor of commercial and residential plumbing, HVAC, and pipe, valves and fittings (PVF), has acquired substantially all of the assets of Murray Supply Co., a plumbing supply company based in North Carolina, which will continue to operate as Murray Supply Co., a MORSCO Company.
WinWholesale Inc. announced that Syracuse Winsupply has opened to provide HVAC contractors in Syracuse and the central New York region with an inventory of quality HVAC equipment, supplies, and services. The new company is part of WinWholesale, one of the largest distributors in the nation.
Looks for companies that integrate seamlessly with its core businesses, described as “bolt-on” acquisitions
August 7, 2015
Ferguson, a major plumbing and HVACR distributor, announced that it continued its expansion with the acquisition of 13 companies in fiscal year 2015. The acquisitions were coast-to-coast encompassing multiple business types including HVAC and plumbing distributors, waterworks, and more.
It combines Nashville branch office and Southern Sales Division
June 18, 2015
Tencarva Machinery Co. LLC has announced a new Nashville branch office facility with state-of-the-art repair service center. The firm relocated its Nashville operations to 2937 Kraft Drive, Nashville, Tennessee, combining into one location its Nashville branch office and the Southern Sales Division.