Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 26.7% during March 2022. The average annual sales growth for the 12 months through March 2022 is 25.3%.
Significant price inflation cited among factors; Recession forthcoming?
April 29, 2022
Respondents reported calendar-year-to-date sales growth of 24%. For the trailing 12 months ending March 2022, respondents reported strong sales growth of 23.7%.
Milwaukee invested more than $14 million to renovate 70,000-square-feet of space within the historic Old Post Office in Chicago. Approximately 10,000 square feet is dedicated to lab space for design and development of critical new technologies.
After two-year COVID hiatus, first in-person industry show is a success.
April 25, 2022
The Kitchen & Bath Industry Show (KBIS) wrapped it’s first in-person show in two years. The combined strengths of the NKBA and the National Association of Home Builders (NAHB), continuing their nine-year partnership to produce Design and Construction Week (DCW), brought forth the first and one of the largest in-person events since the beginning of the pandemic.
On April 1, Senior Vice President and General Manager Trey Berlin, credited with growing Coburn’s Gulf Coast footprint, retired after 50 years of service to the company.
Raritan Group announced its recent hire of Donna Macaron, who will join the team as an Industrial Sales Specialist. In her new role, Macaron will be accountable for creating strategies to improve profitability and increasing sales.
Munch’s Supply has acquired T.A. Gentry Supply, including its three branches servicing Lansing, Kalamazoo and Holland, Michigan. This will expand the company’s geographic footprint to 70 locations serving 17 states and one Canadian province.
Reports are claiming that the Biden Administration may delay the lifting of Title 42 beyond the current May 23rd rescission date. While some Democrats are opposed to this, Republicans and many moderate Democrats are opposed to lifting Title 42, which keeps migrants seeking entry to the US, in Mexico, until their cases are heard