Home Depot buying a major consolidator?
Jabarco
I heard from another contractor that Home Depot is looking to purchase one of
the major HVAC consolidators because they need an installation and service
department instead of refering customers to owner-operated independent HVAC
contractors. Furthermore, Home Depot does (I repeat) does have the $1 Billion
it will take to purchase a major HVAC consolidator like ARS. Imagine that,
working for or competing directly with Home Depot.
Has anyone else heard about this? I just checked the NYSE (through Yahoo!
finance) and the price of ARS stock looks like it is starting to climb again.
I wonder if I should call my stockbroker and buys some more ARS stock.
Dazed & confused,
Jabarco, HVACR/PTST
Jabarco
>I just checked the NYSE (through Yahoo! finance) and the price of ARS stock
looks >like it is starting to climb again.
Oh yeah! Stock market closed at 4 pm EST and ARS (American Residential
Services) up 11.69% in one day. Will have to keep an eye on this one come
monday. Time to buy.
Enthusiastically,
Jabarco, HVACR/PTST
Andy Holt
I heard that the Home Depot "supply house" will be tested in the S.F.
Bay area. Looking to target contractors with tools and
supplies...haven't heard mention of eqpt. sales.
A 24 hour supply house (HVAC stuff) should be great news for all the
unlicensed, uninsured and part-time HVAC service techs who can now BUY
the parts for "their" customers anytime...no need to lift them from
their daytime boss anymore! This could be a good thing.
just do it
Here in Houston, I saw an ad for installers and the Phone Number is the number I
call when I put equipment in will call. Now the Carrier distributer is my
competition, what is this world coming to.
Jabarco wrote:
> I heard from another contractor that Home Depot is looking to purchase one of
> the major HVAC consolidators because they need an installation and service
> department instead of refering customers to owner-operated independent HVAC
> contractors. Furthermore, Home Depot does (I repeat) does have the $1 Billion
> it will take to purchase a major HVAC consolidator like ARS. Imagine that,
> working for or competing directly with Home Depot.
>
> Has anyone else heard about this? I just checked the NYSE (through Yahoo!
> finance) and the price of ARS stock looks like it is starting to climb again.
A PROFESSIONAL
Andy Holt wrote in message <6d8sv5$i...@bgtnsc02.worldnet.att.net>...
Get a job
you are obviously an unlicensed / uninsured ass, people like you will and
the HD will ruin to trade
Andy Holt
Sorry you missed my point here. I am full time (20 years) in HVAC and
like nothing more than to see part-time HVAC folks suffer with pissy
customers that won't pay them.
Again, I am on the same side of the fence you are Mr./Ms. A
PROFESSIONAL. I am guilty however, of not getting my point over to you
very well...sorry bout that.
Andy
catfish
If you or any other contractor have anyone "lifting" from you they may be
"lifting" from your customers also. As a Service Tech who holds his
reputation with deep reguard I suggest that they be terminated at the first
"hint" of stealing. You'd be doing both of you a great service. In South
Carolina, you do not have to specify why you fire a person, I know this is
not the case everywhere, but oh well.
I don't believe in moonlighting never have. If my boss can't pay me
enough then I'll find one that can, actually, if I were after money I
wouldn't be a service technician. I could make more and work less hours in
many other trades and not carry a beeping "brick" on my belt 2 weeks a
month.
My number one requirement in a boss... that he be state licensed and
reputable since my reputation rides along with his in that truck/van with
his companies name on it. I don't have to get along with him but it helps.
catfish aka Bill
http://surf.to/catfish/
Andy Holt wrote in message <6dkkpp$g...@bgtnsc03.worldnet.att.net>...
Gil Doubrava
catfish wrote:
> If you or any other contractor have anyone "lifting" from you they may be
> "lifting" from your customers also. As a Service Tech who holds his
> reputation with deep reguard I suggest that they be terminated at the first
> "hint" of stealing. You'd be doing both of you a great service. In South
> Carolina, you do not have to specify why you fire a person, I know this is
> not the case everywhere, but oh well.
>
Catfish you said other great things but I sniped here ...so i could say:There
are really easy ways of cutting the crime out of this business. I mean were
techs rip there employer.
But there are some companies that look the other way if tech is making them lots
of money.(customer rip)
It won't last long but for the owner who just wants to sit back and let others
do the dirty work when he/she plans to sell out to a consolidator anyway, theirs
not much hope there.
Plan to stay in business and support the people who make you rich? Then ...
Have techs sign out freon, parts ...
They Sell um (using invoice as record)
At end of year do inventory on said truck
Give tech a % bonus on excess
Carry over or bill for amount owed.
Moonlighting is not going to happen much longer. With the laws, lawsuits, bad
working conditions, hi tech equipment and so on, I wonder if there will be
anyone even looking at HVAC as a career.
Sure hard to find good service techs these days...
Have a great day!, Gil
paul milligan
"catfish" <cat...@unforgettable.com> pondered briefly, and wrote:
> If you or any other contractor have anyone "lifting" from you they may be
>"lifting" from your customers also. As a Service Tech who holds his
>reputation with deep reguard I suggest that they be terminated at the first
>"hint" of stealing.
In fairness, make that "proof". A man shouldn't lose his job
because of an unproven accusation or 'hint'. I was accused once many
years ago of having been seen coming out of a liquor store with a
brown paper bag during working hours, in my work truck, and of having
been seen siting in my truck for an hour enjoying the contents of that
bag. Kind of a true story, except the annonymous accuser left out the
part about the McDonalds next door with the overflowing parking lot,
and it being lunch time. I had parked next door, walked over to get
lunch, and I did indeed sit in my truck 'enjoying it', to whatever
extent one 'enjoys' a grease-burger and fries in a work truck. But, I
was never _in_ the liquor store ( I don't even drink liquor, never
did. I'm a beer kind of guy ) , I only walked _past_ it.
Paul
>~~>~~>~~>~~>~~>~~>~~>~~>~~>~~>~~>~~>~~>~~>~~>~~>~~>~~>~~
pjm@(remove this part )pobox.com
My WWW site is at http://www.pobox.com/~pjm, featuring free HVAC software.
The Sci.Engr.Heat-Vent-AC and Alt.HVAC FAQ is at http://www.elitesoft.com/sci.hvac/
paul milligan
"A PROFESSIONAL" <a_profe...@msn.com> pondered briefly, and wrote:
>Get a job
>you are obviously an unlicensed / uninsured ass, people like you will and
>the HD will ruin to trade
I assure you, he has one. You're apparently an owner who
doesn't like side-jobbers. That does not make someone with a
different opinion an ass.
Jabarco
> If you or any other contractor have anyone "lifting" from you they may be
>>"lifting" from your customers also. As a Service Tech who holds his
>>reputation with deep reguard I suggest that they be terminated at the first
>>"hint" of stealing.
I agree, terminate em! However, I believe if you terminate an employee for
"stealing" and you tell the employee that its for "stealing", any scum bag
lawyer is going to take this case and your going to be facing a lawsuit. Don't
get me wrong. I'm not saying don't terminate em. What I'm saying is even if
you have the proof of the employee stealing whether its off the truck or from
the shop or what ever, "let them go" but don't fire them for "stealing". Proof
or no proof, I'm certain you're going to open up a lawsuit that is goning to
be very expensive even when and if you win, you'll lose. I know it sounds
shity and it is, but I would not tell them that they are being terminated for
stealing. Instead, I will and I have just told them "things just are'nt
working out so we're going to have to let you go" and if they want a more
definded anwser as to why I'm letting him or her go, I repeat "things just
aren't working out". And never ever do it alone, have at least one witness as
to why you let em go.
Then when the new prospective employer calls you for a work reference, I just
tell them that the our ex-employee would never be consider for re-hire. You
won't and should not even have to tell them why, and do not tell them why.
They'll have some kind of idea of why.
Enthusiastically,
Jabarco, HVACR/PTST
Eric Classen
Very professional, excellent advice. I am a business consultant with 12
years financial and human resource experience and I couldn't have said it
better myself