HARDI board of directors approved the restriction of up to $500,000 of HARDI’s reserve funds to establish a new “Legal Defense Fund” in case litigation is necessary to overturn policies that can have a negative impact on HVACR wholesale-distribution.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 21 percent during September. The average annual sales growth for the 12 months through September is 19.6%.
HARDI released the complete agenda and speaker lineup for the 2021 Annual Conference: “Motion: Find Your Direction," which takes place in Palm Desert, California December 4-7.
APR Supply Co. donated a Friedrich Ductless and a Fujitsu Halcyon Ductless System to the Pennsylvania Petroleum Association’s Middletown location to help support the organization’s ongoing training efforts.
Winsupply has completed the purchase of Clinton, Iowa-based HVAC distributor Clausen Supply. Clausen Supply is one of the best-established HVAC distributors in the eastern Iowa region. The previous owner, Jon Clausen, will be exiting the company immediately after close.
Dakota Supply Group (DSG) announced plans to open a new branch in Rogers, Minnesota in December. It will be DSG’s twelfth location in Minnesota and its 44th across six states. The new facility is located in the Gateway North Business Park at 6035 Queens Ave NE, just north of Rogers along Highway 101.
Rheem has announced its intent to acquire Friedrich Air Conditioning, a 138-year-old manufacturer of premium air conditioning products, from Monomoy Capital Partners.