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Members report another strong month compared to the same period in 2021, but most respondents say sales were down from December.
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The Wyoming-based company is expected to operate within Dakota Fluid Power, the fluid power/automation platform for SBP Holdings.
The distributor also reported that 2021 year-end net sales increased 18.4% to $937.8 million, compared to $792.3 million in 2020.
The manufacturer of engineered and applied products reported 4Q and 2021 sales increased by 11.1% and 11.3%, respectively.
Heating, Air-conditioning & Refrigeration Distributors International says average annual growth for the 12 months ending in January is 25%.
The distributor’s 2021 yearly net sales reached nearly $20 billion, while fourth-quarter net sales reached $4.6 billion.
The Michigan-based manufacturer of engineered and applied products says Intertech will immediately become part of TriMas Packaging.
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The specialist international distributor says 2021 revenues increased 7.1% over 2020 when considering growth at constant exchange.
