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The distributor, which serves HVAC and plumbing contractors throughout East Tennessee, is led by Logan Hale, president of the new location.
The U.S. Census Bureau reported that the combined value of distributive trade sales and manufacturers’ shipments and inventories for January increased 7.1% from the same month last year.
Distributors expand to Mississippi with addition of two branches, in Laurel and Pearl.
According to the Industrial Production and Capacity Utilization Report, manufacturing output decreased 3.1% during the month.
Watsco will expand into the Midwest with the addition of a $291 million HVAC distributor.
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Ferguson invested $224 million in acquisitions during the first half of fiscal 2021.
Distributor announced the sale of its business division in January.
Amazon's new fulfillment center in Amarillo will create hundreds of new full-time jobs.
Dakota Supply Group announced plans to open a new branch in Watertown, South Dakota, next month.