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The annual sales growth for the 12 months through July 2023 was 6.2%.

Founded in 1964, Gateway Supply has annual sales of approximately $180 million and serves approximately 4,000 customers from 15 locations in South Carolina and one location in North Carolina.

The award recognizes companies that have shown exceptional commitment to Motion through supplying quality products and services and that have earned the highest score in Motion’s supplier rating system.

Todd Wade joined Republic as chief information officer and later took the lead over marketing and dealer success programs. In 2018, he was promoted to senior vice president of the mechanical division, and then in 2022 to president of the mechanical division.

Winsupply of North Dayton will move from its current location to a new building on Winsupply's Support Services Campus, near Winsupply of Dayton and the year-old Richard W. Schwartz Center for Innovation.

The Dayton location will be the first to showcase Virginia Air’s new universal parts initiative.

“We have sales declines during two of the first three months of cooling season versus the boom times of 2022,” said Brian Loftus, macroeconomic and residential market analyst at HARDI.

Together, Bruce Supply Corp, The Kennedy Companies, and S.G. Torrice generate annualized revenues of approximately $450 million. All three acquisitions closed in the fourth quarter of the Ferguson fiscal year that ended July 31.