The percentage of HVACR distributors who reported sales increases in fiscal year 2016 was the highest since fiscal year 2013, when 96 percent enjoyed higher sales. In fiscal year 2014, 75 percent saw a rise in sales; while 2015 brought an additional rise to 77 percent. The 90 percent of distributors who said their 2016 HVACR sales were up reported an average increase of 10.4 percent compared to 2015.
A. O. Smith, a manufacturer of residential and commercial water heaters, has launched a new condensing tankless water heater that features an integrated, powerful recirculation pump.
It’s no secret ecommerce is changing the way we all do business, and distributors are no exception. The new digital economy has created B2B and B2C convergence that puts tremendous pressure on distributors to either find new ways to offset increasing costs or reinvent themselves in some way. Simply put — buyers’ behaviors are changing and distributors need to adapt quickly to fulfil these new needs.
Mitsubishi Electric US, Inc. Cooling & Heating Division (Mitsubishi Electric), held its 2017 Diamond Leadership Conference at the Ritz-Carlton, Dove Mountain in Marana, Arizona, from February 25–28. The annual conference, with a theme of vision, dedication, and success — included nearly 400 distributors, sales reps, and employees who celebrated a successful year as well as new programs, products, and strategies for 2017.
Venstar® announced that it has signed an exclusive agreement with Insco Distributing Inc. of San Antonio, Texas, for the distribution of Venstar HVAC control products throughout Texas and Oklahoma City.
2017 marks the fourth consecutive year that York and Building Homes for Heroes have worked together. Through its sponsorship of the Building Homes for Heroes program, Johnson Controls, along with York distributors and independent contractors nationwide, has donated quality heating and cooling systems, including installation, labor, and on-going maintenance, to over 40 military families since 2014.
Carrier recently announced the latest dealers to be inducted into its prestigious Dealer Hall of Fame at the 2017 Carrier Factory Authorized Dealer National Meeting in New Orleans.