In the summer of 1985, from a garage in Anaheim, California, Dion Quinn drafted the budgets for his first company using an Apple II computer. Thirty-four years later, his company, AC Pro, a family-owned HVAC distributor and manufacturer based in Fontana, California, employs 400 employees across 17 locations in Southern California and southern Nevada.
Regardless which path an owner picks, his or her exit will likely be the largest transaction he or she will ever conduct — one that should be handled with extreme care. Here are some tips from a group of advisors who are well-versed in helping HVACR distributors make crucial business decisions, including exit planning.
David Johnson will draw on more than 30 years of facilities management, real estate services, and technology leadership experience to bring fresh insights to XOi’s business strategies.
Distributors can create a market advantage for themselves and their customers by responding to shifts in consumer behaviors as well as providing marketing and advertising options that are aligned with current trends.
From its humble beginnings in Madison, Wisconsin, to its modern-day distribution enterprise that includes 52 locations stretching from Ohio to Idaho, the company continues to deliver the right mix of personalized services, expertise, training, and products necessary to fulfill the needs of HVACR contractors when and where they need it.
Donald Decker will be taking on the critical role of driving LG’s business forward into new and important channels to drive profitable growth in the U.S. market.
im Dunphy was named marketing director of underground technologies for Ridgid® in Elyria, Ohio. In this role, Dunphy will manage new product development, partner relations, and new business opportunities for the Ridgid line of diagnostics, inspection, locating, and drain cleaning products.
James Bowman, a 20-year industry veteran, has joined NAVAC North America as regional sales manager of HVAC tools. Bowman will oversee the company’s central sales region.