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Major U.S. retailers were caught with too much inventory and were being forced to heavily discount to liquidate it. This was the result of the Bullwhip Effect.
Crime is a growing problem in many parts of the country, and it’s affecting HVAC contractors. Thieves are stealing tools out of work trucks, along with the catalytic convertors — and in some cases, they are stealing the trucks. Thieves are also targeting the copper and other metals inside of HVAC units, and sometimes even the units themselves.
The physical demands of HVAC take a toll on technicians and often contribute to their decision to leave the trade. That’s why the major tool manufacturers work to make their offerings lighter and easier to use.
Add “increased risk of theft” to the growing list of concerns HVAC contractors face as they grapple with a shortage of supplies and equipment. Both HVAC equipment and service vehicles prove prime targets for thieves.
Right Time Group of Companies acquired Wardlaw Heating and Cooling, an installer and service provider for heating, air conditioning, and air quality equipment.
Trane Technologies’ Residential HVAC and Supply business announced a price increase of up to 9% on select residential and light commercial HVAC equipment.