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As one of the Southeast’s largest wholesale distributors of HVAC equipment, parts and supplies, Mingledorff’s serves the business needs of HVAC contractors from its 41 stores located in Alabama, Georgia, Florida, Mississippi and South Carolina.
March marks the end of the first quarter of calendar year 2023. The Federal Reserve anticipates another two quarter-point interest rate increases in the second quarter following the quarter-point in February: one on March 22 and one at its meeting on May 3.
The acquisition provides The Master Group with extensive coverage in Ohio and Pennsylvania, and represents a significant expansion of the Canadian group's footprint marking its second acquisition in the United States.