A family-owned business founded in 1945, Giant markets its water heaters under the Giant brand and employs more than 300 people, primarily in Canada. Giant manufactures water heaters at two facilities in Montreal and sells water heating products across Canada. The addition of Giant to A. O. Smith’s existing water heater operations enlarges the company’s presence in the Canada water heater market, which is characterized by a high percentage of replacement demand.
Critical legislation represents a victory for wholesalers, distributors and Californians alike.
October 13, 2021
After months of negotiation and intense work on the part of the California legislature, American Supply Association and its coalition partners, AB 100 has been signed into law by California Governor Gavin Newsom. This is a positive result that provides manufacturers time to get compliant products into the supply chain and provides wholesalers/distributors a reasonable amount of time to reduce inventory.
With the cultural shift in consumer needs moving from Boomers to Millennials and Gen Z, not only will there be a higher demand for a variety of options but there will also be an increase in wanting more knowledge around what's being installed.
The Plumbing-Heating-Cooling Contractors National Association (PHCC) announced that A. O. Smith is the newest PHCC Corporate Partner. During this year’s PHCCCONNECT2021 conference, Oct. 20-22, in Kansas City, Missouri, A. O. Smith will sponsor the QSC Community Corner, a hub where service and repair contractor members can meet and connect with peers.
A. O. Smith donated 24 tankless water heaters valued at over $25,000 to House of Hope Village, a community of highly efficient tiny homes which will provide temporary, dignified transitional housing to community members in need.
As a business owner, you are constantly comparing business performance not only to competition but to previous year earnings and performance. In merger and acquisition transactions, EBITDA is often used by companies to compare similar businesses in the same market. Understanding how to use EBITDA can help your overall performance and make sure you are prepared in the event of a business sale or purchase.
The company, based in Sanford, Florida, employs 32 people and offers high-quality products and innovative, user-friendly software solutions for the design and operation of pressure boosting systems.
Over the past 18 months, I have been in the unique position to hear first-hand how the booming remodel market, supply chain disruptions and material costs are affecting plumbing distributors and showrooms while simultaneously being the end-user customer who’s remodeling her kitchen.