Items Tagged with 'Growth in HVAC Business'

Cordick’s appointment to the company’s top financial leadership position signals BDR’s continued growth and expansion.

Located at 60 Downeast Highway (Rte. 1), the Ellsworth branch is managed by Derek Foy, a graduate of The Granite Group’s Sales & Management Trainee program. 

The planned separation, coupled with the previously announced plan to spin Advanced Materials, will result in three publicly listed industry leaders with distinct strategies and growth drivers. The separation is intended to be completed in the second half of 2026 and in a manner that is tax-free to Honeywell shareholders.

The promotions reflect the company's commitment to recognizing exceptional talent and ensuring long-term success for its clients and associates.

The HVAC industry faces a pivotal year in 2025, balancing challenges like inflation and the refrigerant transition with opportunities from IRA incentives and decarbonization efforts.

Conversations with several HVACR distribution professionals indicate a cautious optimism for growth in the sector in 2025, though they say the year will not be without its challenges.

2025 is set to usher in a wave of refrigerant regulatory changes and contractors are bracing for what’s promising to be a transformative year.  

With over 35 years of experience in the HVAC, plumbing, and electrical service industries, Paul is set to bring a wealth of knowledge to the company as it continues to innovate with its connected home mechanical systems platform.

XOi’s chief executive officer and founder, Aaron Salow, credits the field service industry’s demand for deeper intelligence and data and the need to work more efficiently with a limited workforce with the company’s 225% revenue growth.