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Kevin Murphy

Ferguson Reports First-Half Results & Name Change

May 23, 2017
Newport News, Va. — Ferguson’s parent company Wolseley plc, an international distributor of plumbing and heating products to professional contractors, announced its financial results for the first half of the 2017 fiscal year alongside a name change and the upcoming retirement of CEO Frank Roach.
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News and Notes

TRC Announces 2017 Big Man on Planet Competition

May 23, 2017
Fort Washington, Penn. — Thermostat Recycling Corp. (TRC) has announced its sixth annual Big Man On Planet (BMOP) competition began May 1, in partnership with Heating, Air-conditioning and Refrigeration Distributors International (HARDI). BMOP will run through Oct. 31 and all HARDI wholesaler members are eligible to participate.
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Tom Roberts

President's Letter

Tom Roberts Author
Tom Roberts
May 23, 2017
Summer is here for much of the country, and the northern reaches will be there soon. Our industry’s peak demand period brings a host of opportunities as well as challenges. How well we actively manage these often determines our performance in all of those Key Performance Indicators for the year. HARDI members are able to see how they are doing by routinely comparing their performance to the industry as a whole with HARDI’s Benchmarking Pillar.
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News and Notes

LG Air Conditioning Technologies Appoints Industry Veterans

May 23, 2017
ALPHARETTA, Ga. — LG Electronics USA Air Conditioning Technologies has added two more industry veterans, further enhancing its commercial applied sales and customer experience organizations. These changes address the evolving needs of the U.S. market and support the growth of LG’s variable refrigerant flow (VRF) technology.
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APR Announces Newest Branch Location

Offering service in eastern Pennsylvania
May 23, 2017

APR Supply Co. announced the opening of its newest branch location in Upper Darby, Pennsylvania. The new branch at 510 South Cedar Lane will fill a gap in APR’s service to the eastern Pennsylvania region.


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Russell

Russell Tavolacci Named SVP and COO of Samsung HVAC

He brings over 30 years of leadership experience in the HVAC industry
May 22, 2017

Samsung sends a fond farewell to Sang W. Lee, former president and chief executive officer of Samsung HVAC and promotes Russell Tavolacci to senior vice president and chief operating officer. Lee’s dedication over the years has ensured a smooth transition for all parties involved in Samsung’s acquisition of Quietside LLC.  


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Heat Exchangers Market Expected to Reach $20.12 Billion by 2022

Shell and tube exchangers to show the highest growth rate
May 19, 2017

The global heat exchangers market was valued $12.61 billion in 2015 and is projected to reach $20.12 billion by 2022, growing at a compound annual growth rate (CAGR) of 6.9 percent from 2016 to 2022, according to Heat Exchangers Market Report published by Allied Market Research. The shell and tube heat exchanger segment held approximately one-fourth of the total market share in 2015.


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Fujitsu Announces Organizational Changes

Several changes have happened as a result of company growth and expansion
May 18, 2017

Fujitsu General America’s Product Department is now part of the Sales Division. Several organizational changes have happened as a result of growth and expansion within the company. The improvements at Fujitsu General America Inc. (FGAI) are made to improve working conditions and to enhance collaboration between departments.


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Top 50 Distributors 2017

Top 50 HVACR Distributors of 2017

For fiscal year 2016, 90 percent of respondents to the Top 50 HVACR Distributors survey reported a sales increase.
Pat Lenius
May 16, 2017
The percentage of HVACR distributors who reported sales increases in fiscal year 2016 was the highest since fiscal year 2013, when 96 percent enjoyed higher sales. In fiscal year 2014, 75 percent saw a rise in sales; while 2015 brought an additional rise to 77 percent. The 90 percent of distributors who said their 2016 HVACR sales were up reported an average increase of 10.4 percent compared to 2015.
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