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.

RESIDENTIAL CONTRACTOR

Goettl Air Conditioning (Las Vegas) announced that its CEO, Ken Goodrich, partnered with Baum Capital Partners (Kansas City, Missouri) to complete the recapitalization of the company.

COMMERCIAL CONTRACTOR

GEM Energy (Walbridge, Ohio), part of the Rudolph Libbe Group (Walbridge, Ohio), named Jason Manders business development manager. He will be responsible for HVAC contract sales in northeast Ohio.

MANUFACTURERS

Nibco Inc. (Elkhart, Indiana) purchased a 173,000-square-foot building in Buena Vista, Virginia, which will become the company’s main distribution center in Virginia.

Triangle Tube (West Deptford, New Jersey) opened a Live Fire Training room at its new corporate facility.

Uponor Corp. (Vantaa, Finland) celebrated its 100th anniversary by ringing the Nasdaq stock market closing bell
in New York.

Multistack LLC (Sparta, Wisconsin) acquired Budzar Industries (Willoughby, Ohio).

Taco Inc. (Cranston, Rhode Island) announced that John H. White Jr. will reassume the role of CEO, effective immediately.

Master-Bilt^® Products (New Albany, Mississippi) named Chris Greer continuous improvement manager, effective Aug. 20.

XOi Technologies (Nashville, Tennessee) named David Johnson to its board of directors.

Standex Refrigerated Solutions Group (Hudson, Wisconsin) named Isaac Madla director of strategic sourcing, effective Aug. 20. 

ORGANIZATION

ACCA is seeking nominations for its 2019 Residential and Commercial Contractors of the Year awards programs. Winners will be recognized at ACCA’s Annual Conference and Trade Show in San Antonio, March 4-6, 2019. Applications are due Oct. 12.

CONTRACTOR SERVICES

Numbers House (Maryville, Tennessee), a back-office support department for the home service industry, announced its grand opening.

iMarket Solutions (Costa Mesa, California) was named one of the nation’s fastest growing private companies on the Inc. 500 list.

HomeServiceChats (Kansas City, Missouri) announced a 10,000-square-foot expansion as it passes an achievement
of more than half a million chats served.

SOFTWARE

ServiceTitan (Glendale, California) was named one of the fastest growing private companies in the U.S. by Inc. magazine’s 500 list for the second year in a row.

Publication date: 9/10/2018

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