HVAC Distributor Expands into Sheet Metal Category in Kansas City Market
NEW LENOX, Ill. , July 19, 2022 /PRNewswire/ -- Munch's Supply, the HVAC division of Marcone, has acquired Wholesale Sheet Metal (WSM) and Pile Protection Tops (PPT). This acquisition expands Munch's geographic footprint to 71 locations serving 17 U.S. states and one Canadian province.
Munch's Supply is a Marcone company that has been operating in the Chicagoland area for more than 65 years and is consistently ranked as a top 10 HVAC distributor in the United States . Marcone, a leading distributor of home appliance, HVAC and plumbing repair parts and equipment across North America acquired Munch's Supply in 2021. Together, the companies operate with a singular goal—to become the hub for parts and services to the home for both technicians and consumers.
"The WSM/PPT acquisition will provide fantastic support in the sheet metal category to our O'Connor Company business unit, a Trane and American Standard HVAC distributor that has been part of the Kansas City market for more than 100 years," said Bob Munch , Chief Business Development Officer.
Greg Borr , President, O'Connor Company , added, "Sheet metal—especially custom orders—has been an area of opportunity in our business for a long time. Many of our customers have bought from WSM and PPT for years. This acquisition is a perfect way to continue to expand our service offerings."
"I am incredibly proud of the legacy we have built for almost four decades. With the help of dedicated employees and customers, we have become an industry leader for custom sheet metal and supplies in our market. I am so happy that Saundra and Tim Roche will remain to lead the business," said WSM/PPT owner Patrick Chilen . Visit www.wsmkc.com and www.pptkc.com.
The acquisition demonstrates Marcone's ongoing dedication to the HVAC and plumbing marketplace and reinforces its commitment to partnering with family and customer-service focused businesses looking for either a long-term partnership or an exit strategy.
Munch's Supply was founded in 1956 by Willard Munch , who wanted to develop a local source of electrical supplies for area contractors. Today the company has more than 1,200 employees focused exclusively on supplying heating, cooling and plumbing industry contractors with quality products. For more than 65 years, Munch's Supply has operated with a commitment to service as a leading distributor for trusted brands such as American Standard, Trane, Mitsubishi, Rheem, IPEX, AO Smith, Kohler, Tempstar, Keeprite and Frigidaire. For more information, visit www.munchsupply.com.
Marcone is an authorized distributor for major brands such as Whirlpool, Electrolux, General Electric, Maytag, Bosch, Samsung, L-G and many more. Through its vast distribution network, Marcone supplies the largest inventory of original replacement parts in the country for household appliances such as refrigerators, ranges, dishwashers, microwaves, washers, and dryers. Marcone exports globally and also operates a comprehensive training institute offering quality business and technical training. Headquartered in St. Louis, Marcone operates 122 facilities, has approximately 2,100 employees, and serves approximately 43,000 technician customers. For more information, visit www.marcone.com.
Media Contacts: Mary Jo Hann Maryjo.hann@munchsupply.com 847-833-5223
View original content:https://www.prnewswire.com/news-releases/munchs-supply-a-marcone-company-acquires-wholesale-sheet-metal--pile-protection-tops-301588897.html
Q.: My wife inherited a 401(k) from my mom who died recently. Assuming this is a traditional 401(k), you are correct that whatever comes out of the account will be likely be taxable to you. Transfer your wife’s share of the money to an Inherited 401(k) with the company that held your mom’s 401(k).
This money management maven doesn't mince words when it comes to what you shouldn’t be doing with your money.
Michael Burry, who bet on the collapse of subprime credit, does not hesitate to give his opinion on market developments.
Verizon stock is moving lower after an earnings miss and dip in wireless subscriber growth.
Snap Inc. has never been an investor-friendly company as long as those investors weren't their founders, and the parent company of the Snapchat app made that even clearer Thursday.
Snap's 40% stock price crash on Friday after a dismal second quarter earnings report and brutal call is well warranted, one analysts explained to Yahoo Finance.
Fed’s zigzagging policies could ultimately lead to an outcome similar to what happened in its fight against inflation four decades ago.
Fewer are reverting to traditional office jobs, with a growing number seeking nontraditional roles, or even the opportunity to start a new business.
We’re supposed to be energy independent. What gives?
Yahoo Finance Editor-in-Chief Andy Serwer discusses Berkshire's stake in Occidental Petroleum and what that indicates to investors.
(Bloomberg) -- The housing market correction that’s taking hold in Canada could turn out to be its biggest in recent history, according to a new forecast from the country’s largest bank.Most Read from BloombergThree Arrows Founders Break Silence Over Collapse of Crypto Hedge FundTrump Insiders Recall How He Spurned Pleas to Act as Riot RagedAmericans Who Can’t Afford Homes Are Moving to Europe InsteadMusk Lieutenant Scrutinized in Internal Tesla Purchasing ProbeBannon Found Guilty of Contempt fo
Verizon is set for its worst week since October 2008, but it's sitting on must-hold support right now.
Just where is the stock market going, that’s the question investors are trying to answer. The answer isn’t fully clear, though; markets have fallen for most of this year, but the last few days have seen the best trading in weeks. The problem is, investors and economists aren’t sure if we’re at a true bottom or just in the midst of a bear market rally. What happens next is anyone’s guess, but the history of bears and rallies can offer some suggestions. Looking back to the end of the Second World
The Dow Jones fought back. Tesla stock rocketed after Elon Musk gave an update on its "best product ever." Apple stock popped. Bitcoin fell.
Rivian Automotive (NASDAQ: RIVN) was one of the hottest electric vehicle stocks of 2021. The EV maker went public at $78 per share last November, and its stock started trading at $106.75 before skyrocketing to an all-time high of $172.01 a week later. Rivian initially attracted so much attention because it was backed by Amazon (NASDAQ: AMZN) and Ford (NYSE: F).
U.S. stocks were under pressure Friday afternoon as a disastrous quarter from Snap weighed on the broader tech sector.
One of Biden’s top energy aides confirmed Friday that no extension of releases from the Strategic Petroleum Reserve - scheduled to end this fall - is in the offing. But added a promise that it’s not going to lead to any supply shocks.
Cleveland-Cliffs (CLF) delivered earnings and revenue surprises of -2.24% and 4.23%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
(Bloomberg) -- Verizon Communications Inc. shares plunged to their biggest drop in 14 years after the mobile-phone company cut its forecast for the second straight quarter, adding to concerns that consumers are pulling back on spending.Most Read from BloombergThree Arrows Founders Break Silence Over Collapse of Crypto Hedge FundTrump Insiders Recall How He Spurned Pleas to Act as Riot RagedAmericans Who Can’t Afford Homes Are Moving to Europe InsteadMusk Lieutenant Scrutinized in Internal Tesla
(Bloomberg) -- Even for Alphabet Inc., financial gimmickry is no match for the power of the bear market.Most Read from BloombergThree Arrows Founders Break Silence Over Collapse of Crypto Hedge FundTrump Insiders Recall How He Spurned Pleas to Act as Riot RagedAmericans Who Can’t Afford Homes Are Moving to Europe InsteadMusk Lieutenant Scrutinized in Internal Tesla Purchasing ProbeBannon Found Guilty of Contempt for Defying Jan. 6 SubpoenaThe Google parent’s shares sank 2.5% on Monday, the first