For your information news briefs from a wide variety of categories within the HVAC industry. Price increases, mergers and acquisitions, award winners, and more are highlighted here each week.
PRICE INREASE
Hercules Industries (Denver) announced price increases on select products, which will increase in price by an average of 15%.
SPX Cooling Technologies Inc. (Overland Park, Kansas) is increasing prices of Marley, Recold, and SGS Refrigeration products to offset commodity increases.
International Environmental Corp. (Oklahoma City) announced an average price increase of 6% for all commercial HVAC equipment and parts. This price increase will be effective as early as June 15, 2021.
MANUFACTURERS
Mestek Inc. (Westfield, Massachusetts) acquired the baseboard assets of
Slant/Fin (Greenvale, New York).
Madison Industries (Chicago) announced an agreement to acquire Nortek Air (O’ Fallon, Missouri).
Canarm Ltd. (Brockville, Ontario, Canada) named Sean McDowell vice president of Canarm’s HVAC Business unit. Doug Matthews, Canarm vice president of HVAC, has announced his retirement in the coming few years.
RESIDENTIAL CONTRACTORS
Southern HVAC Corporation (Maitland, Florida) acquired Mission Plumbing,
Heating and Cooling (Shawnee, Kansas).
Abacus Plumbing, Air Conditioning & Electrical (Austin, Texas) partnered with Austin’s new professional soccer team, Austin FC.
Tempo Inc.’s (Irving, Texas) board of directors has voted Brian Mount as the next CEO of Tempo Inc.
DISTRIBUTORS
Winsupply Inc. (Moraine, Ohio) purchased the assets of Allegheny Pipe & Supply (Coraopolis, Pennsylvania).
APR Supply Co. (Lebanon, Pennsylvania) acquired four new branch locations in western Pennsylvania: Greensburg, North Hills, Plum Borough, and South Hills.
Munch’s Supply (Hillside, Illinois) acquired API of New Hampshire & Delta T (Manchester, New Hampshire)
CASPR Group (Addison, Texas) named Charlie Suiter as its new vice president of distribution development.
Motion Industries Inc. (Birmingham, Alabama) named NSK (Ann Arbor, Michigan) 2020 Supplier of the Year.
CONTRACTOR SERVICES
EB&L Marketing (Skaneateles, New York) launched its new company brand: CHANGE HVAC Marketing.
Redwood Services (Memphis, Tennessee) named John Conway its chief operating officer.
