The ASA Advocacy team has been busy over the last quarter representing ASA membership. In addition, through our partnership with HARDI, we also represented HARDI members in codes and standards activities.  The following provides updates on those activities.

Purchases by member companies from AD suppliers are up 27% to $15.2 billion. Net distributions to AD members increased by 38% to $924.5 million. 

Median calendar year-to-date sales growth of 21.8% was reported by respondents. For the Trailing Twelve Months ending in August 2022, respondents again reported strong sales growth of over 20%.

In her new role, Gutierrez will continue the path to make NIBCO de Reynosa a great contributor to the company’s profitability through the plant’s competitive advantages of free trade agreements, skilled labor and high-quality products.

Ferguson announced its Q4 earnings and FY 2022 results, its first as a U.S. listed company. 

APR Supply Co. President and CEO, Scott Weaver, and Congressman Lloyd Smucker met in Washington D.C. to discuss several topics surrounding the HVAC industry moving forward with regulatory changes.

The American Supply Association is proud to announce that Steve Edwards, former Chief Marketing Officer for industry giant Winsupply, is joining the ASA team to lead Project Talent and the association’s effort toward promoting the industry brand and attracting career seekers to member companies. 

Ferguson Enterprises announced a collaboration with Ford Motor Co. to place a first-of-its-kind F550 Fuel Cell Prototype Chassis Work Truck in service within Ferguson’s daily fleet operations for six months.

After a challenging couple of years plagued with post-pandemic effects, unprecedented weather events and supply-chain disruption, November of 2021 served as a hopeful turning point for the waterworks sector with the passing of the U.S. Infrastructure Investment and Jobs Act — the largest investment in water in history, according to the American Waterworks Association’s 2022 State of the Waterworks Industry report (SOTWI).

On Tuesday, President Biden signed his landmark bill, the Inflation Reduction Act of 2022. While it is arguable whether the budget reconciliation bill will reduce inflation, the legislation will directly affect climate, tax and Medicare policy over the next decade.