“We have sales declines during two of the first three months of cooling season versus the boom times of 2022,” said Brian Loftus, macroeconomic and residential market analyst at HARDI.

Together, Bruce Supply Corp, The Kennedy Companies, and S.G. Torrice generate annualized revenues of approximately $450 million. All three acquisitions closed in the fourth quarter of the Ferguson fiscal year that ended July 31.

This year's edition of RETHINK Live North America is dedicated to exploring issues around creating smarter and more energy-efficient buildings to help build a more sustainable future.

Ridgid has had a manufacturing presence in Ohio since the company was founded in 1923. The 27-acre complex in Elyria is the world headquarters for the brand’s operation and the company’s hub for innovation.

Once fully operational, these programs will annually be able to support more than 1,000 students seeking careers in the skilled trades and energy sectors.

The initiative will also support Honeywell Energy Solutions Group’s existing multi-phase Energy Savings Performance Contract (ESPC) program with Boston as part of the Renew Boston Trust program to help achieve energy and carbon reductions in city-owned historic buildings.

The acquisition expands the CoolSys offerings and strengthens its market presence in the Mid-Atlantic region, the company said.

The National Air Duct Cleaners Association's 2023 Fall Technical Conference is scheduled for September 7-9 in Grapevine, Texas, near Dallas. Those in the field who have not attended before can apply for a scholarship.

Gress will spearhead the company's day-to-day operations, driving strategic growth initiatives and reinforcing Goettl's commitment to delivering service and comfort solutions.