Combined, the three acquired companies add about $47 million in aggregate revenue.
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Ray Andrews will support the St. Louis, MO-based distributor's ongoing expansion and customer-centric business solutions.
Annual sales growth for 12 months through March also increased for HVAC distributors a part of HARDI.
Watsco reported softer first-quarter results as it navigates a product transition driven by new regulations impacting over half its sales, but showed healthy margin performance.
Lennox is expanding its distribution and training infrastructure in the Dallas-Fort Worth area with new facilities to support growth and enhance customer experience.
Ferguson expanded its North American footprint with the acquisitions of Massachusetts-based Independent Pipe & Supply and Toronto-based National Fire.
Based in North Carolina, CTC Supply is a distributor of HVAC equipment, parts and supplies, offering a range of brands, including Honeywell and DeWalt.
The company launched its "Town Shares" employee ownership program, empowering team members to share in the company's long-term success and growth.
Ferguson reported a solid sales increase in its November-January quarter, driven by organic and acquisition growth, offset by commodity price deflation and lower operating margins.
January had a modest sales increase, continuing growth following December’s spike.
Based in Ohio, Mined XAI offers businesses explainable AI solutions to address various challenges, specializing in fleet management, risk modeling and more.
Operations in the company's five primary industries will maintain the brand identities its customers have come to know.
The Ferguson Home Brand offers a “seamless omnichannel brand” experience for kitchen, bath, lighting and home improvement products.
Parts Town Unlimited announced a record sales increase for 2024, driven by growth across all divisions.
First Supply CEO warns that expiring tax provisions from the 2017 Tax Cuts and Jobs Act could threaten small businesses, jobs and community investments.
The company reported growth in its eCommerce and mobile apps for both the full year and 4Q, with additional initiatives planned for 2025.
The companies said that the merger enhances its distribution capabilities and broadens its product portfolio.
Dallas, TX-based BCS is a distributor of building automation solutions, offering a range of products and services.
Expected to be completed this summer, the new facility will feature a warehouse, DC, office space and a showroom.
