OEM foodservice, HVAC and residential appliance parts distributor Parts Town Unlimited — the parent company of Parts Town — announced its annual sales for 2024 in a Feb. 26 blog post.

Parts Town Unlimited achieved $2.5 billion in sales for 2024, with all four of its divisions setting record sales figures. The company now has 46 brands across 147 locations worldwide, serving 171 countries and has expanded to over 5,500 employees globally.

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Parts Town saw substantial growth in its parts sales to independent service companies throughout North America, as well as a 55% year-over-year increase in its HVAC segment. The company said this growth was fueled by new and expanded partnerships with 89 manufacturers and greater product availability in key HVAC lines. Additionally, Parts Town’s Home Division experienced the highest growth in sales.

“We had another strong year in 2024, delivering growth across the organization despite some industry and economic headwinds that we didn’t fully anticipate,” Parts Town Unlimited CEO Steve Snower said in the company’s blog post. “We are proud to have delivered a record year, while making substantial investments in our future. The talent, infrastructure and digital investments we made in 2024 will help us accelerate towards our vision in the coming years.”

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Parts Town Unlimited also detailed its recent innovation breakthroughs, distribution capabilities expansion, digital growth and talent investment in its blog post.

In other recent news, the company announced the opening of a 427,000-square-foot global fulfillment center in Litchfield Park, AZ on Dec. 12.