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In order for HVAC contractors to start offering financing, they have to find the right finance company, train their staff, and invest in understanding what financing means for their customers and company in order to make it profitable enough to outweigh any associated costs.
A half-dozen major HVACR manufacturers achieved strong financial results in the second quarter even as they navigated supply-chain issues and other obstacles.
A combination of continued consumer spending and increased interest in IAQ drove sales throughout the year. Higher costs driven by supply chain issues ate into the profits for most companies, however.
AAON, Inc. announced that it has scheduled its quarterly conference call and webcast for Monday, February 28, 2022 to discuss fourth quarter 2021 financial results.