The major HVAC manufacturers saw higher sales and revenues in the third quarter thanks to continued strong demand and the effects of several price hikes. Margins were another matter.
Labor, Supply Shortages Hit Manufacturers’ Bottom Lines in Latest Quarter
The federal emergency vaccinate-or-test mandate that applied to companies with 100 or more workers was dropped with little fanfare on January 25.
Rooter Hero Acquires Velavi Heating & Cooling Inc.Rooter Hero Acquires Velavi Heating & Cooling Inc.
Rooter Hero Plumbing & Air, a plumbing and HVAC business serving residential and commercial locations in California and Arizona, announced it has bought Velavi Heating & Cooling Inc.
Danfoss North America President John Galyen to Retire in Summer season 2022Danfoss North America President John Galyen to Retire in Summer season 2022
John Galyen, chief executive of Danfoss North America, provides announced his retirement later this summer. VP sales America for Danfoss Power Solutions Rick Sporrer will fill up role.