Sheet Metal And HVAC Industry News

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Under the agreement, Limbach’s current owners will receive $60 million in cash and stock from 1347 Capital, and an additional $15 million to $25 million in equity. 

The Air Conditioning Contractors of America has a new industry relations director.

Todd Washam joined the HVAC market organization March 22. He previously worked as a senior legislative assistant for U.S. Rep. F. James Sensenbrenner Jr. (R-Wis.) and as a staff assistant for the House Committee on Foreign Affairs and the late Congressman Henry Hyde (R-Illinois).

“Todd brings a wealth of government relations and political experience to ACCA by joining our staff,” said ACCA President and CEO Paul T. Stalknecht. “We are excited to have such an experienced staff member who will help us continue to be a strong voice for contractors with manufactures, suppliers, and distributors, as well with the local, state and federal governments.” 

An estimated 1,300 people attended the event, where Monte Salsman, chief operating officer, and Eddie Gibbs, vice president of vendor relations, presented the awards. 

Builders’ belief in the new single-family home market held steady in March, the National Association of Home Builders says.

HARDI senior economist Connor Lokar said the figures were not a surprise.