MIAMI — Watsco Inc. has announced its board of directors has approved a 19 percent increase in its annual dividend to $5.00 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the company’s next regular dividend payment beginning in July 2017.
Grainger recently held its annual shareholder meeting in Lake Forest, Illinois. Grainger Chairman Jim Ryan presided over the meeting and Chief Executive Officer D.G. Macpherson provided an update on the state of the business and offered a recap of 2016 full-year and 2017 first-quarter performance.
Johnson Controls celebrated the grand opening of its newest Source 1 HVAC Supply Center in Fort Smith, Arkansas, on April 11. Source 1 is the exclusive supplier of factory authorized service parts and residential accessories for all Johnson Controls Unitary Products residential and light commercial HVAC equipment. The company also offers a variety of universal HVAC parts, supplies and accessories from many manufacturers.
The arrival of summer's heat brings all of our business activity into high gear, as the months of learning, studying, planning and improvement evolve into pure execution for the busy months. Our industry continues to evolve and grow, and your association leads the way in so many crucial ways to ready our teams for this critical harvest period.
To answer the challenging question of my headline, I have to raise an answer that mimics an attitude I frequently hear in the HVACR industry. From weathered executives to fresh-faced counter people, I’ve heard comments about the unexciting aspects of our industry and how it isn’t at the forefront of many young people's career track.
WASHINGTON, D.C. — Heating, Air-conditioning & Refrigeration Distributors International (HARDI) applauded the U.S. House of Representatives for passing the Working Families Flexibility Act of 2017 (H.R. 1180).
COLUMBUS, Ohio — Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing that average sales for HARDI distributor members increased 7.0 percent in March 2017.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) has applauded bipartisan and bicameral legislation recently introduced to Congress regarding S corporation rule updates
Trane®, a global provider of indoor comfort solutions and a brand of Ingersoll Rand, introduced a XR16 low-profile side discharge air conditioning unit for split ducted systems. This unit features a side discharge, making it ideal for difficult-to-install applications or in tight space requirements where vertical discharge units prove less than optimal.
— Koch Air announced its highly anticipated expansion into Mt. Vernon, Illinois. The new store and warehouse facility opened its doors on June 12 with truck routes starting on June 19. The new store’s official opening will be later in the season during the Fall Showcase event for vendors and customers.