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NewsFYI

FYI: Aug. 13, 2018

August 13, 2018

For your information newsbriefs from a wide variety of categories within the HVAC industry. Price increases, mergers and acquisitions, award winners, and more are highlighted here each week.

&nbsp

COMMERCIAL CONTRACTORS

Legacy Air HVAC Inc. (Phoenix), a CoolSys Inc. (Brea, California) company, named Donovan Taylor service manager of its new Bakersfield, California, office.

Ed Cvelbar
Ed Cvelbar

GEM Energy (Walbridge, Ohio), part of the Rudolph Libbe Group (Walbridge, Ohio), named Ed Cvelbar senior business development manager.

 

MANUFACTURERS

Sanhua Intelligent Controls Co. Ltd. (Jackson, Mississippi) acquired American Tubing Intl. (Springdale, Arkansas).

Nidec Motor Corp. (St. Louis) donated $100,000 to the Missouri University of Science and Technology (Rolla, Missouri).

Tim Burnette
Tim Burnette

Mitsubishi Electric Trane HVAC US LLC (Suwanee, Georgia) named Tim Burnette vice president of residential business. He will lead residential business activities nationwide, developing and implementing sales and profit growth strategies.

Carrier Corp. (Farmington, Connecticut) was ranked in the top three HVAC brands by the homebuilding community in the 2018 Brand Use Study from BUILDER Magazine.

Looking for quick answers on air conditioning, heating and refrigeration topics? Try Ask ACHR NEWS, our new smart AI search tool. Ask ACHR NEWS →

John Reutter
John Reutter

Uponor North America (Apple Valley, Minnesota) named John Reutter vice president of finance. He will lead the company’s accounting, finance, risk management, and legal teams.

 

DISTRIBUTOR

Desco Plumbing and Heating Supply (Etobicoke, Ontario, Canada), a subsidiary of the Deschênes Group (Montreal), has become an Aquatherm (Lindon, Utah) distribution partner in the province of Ontario.

 

MANUFACTURER’S REPS

Mulcahy Co. Inc. (Eagan, Minnesota) was named one of the Top 150 Workplaces in Minnesota by the Star Tribune.

 

FINANCIAL REPORT

Watsco Inc. (Miami) reported 5 percent sales growth to a record $1.33 billion during the second quarter, which included a 6 percent growth in HVAC equipment sales and 5 percent growth in other HVAC product sales.

 

SCHOOL

Virginia Beach Technical and Career Education Center (Virginia Beach, Virginia) was granted accreditation of its HVACR program by HVAC Excellence.

 

Publication date: 8/13/2018

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KEYWORDS: HVAC industry news hvac news briefs

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