Homeowners maintain their HVAC systems to keep their properties at a comfortable temperature year-round. Proper maintenance and inspections prevent homeowners from facing sudden shutdowns and failures. Service providers offer a wide array of services to keep the systems maintained and operating at high-performance levels. Homeowners who want to learn more about maintaining the systems read why it's vital to have the HVAC systems inspected each year. Property owners who want to learn more can click here for more info.

Improving Air Quality

Improving the air quality in the home helps homeowners lower the risk of respiratory illnesses and the accumulation of allergens in the air. The inspection includes an assessment of the ventilation system and replacements for all filters. The services determine if dust, debris, or pathogens have built up in the systems and preventing proper airflow throughout the home. Seasonal cleaning is highly recommended for HVAC systems and improves the air quality dramatically.

Prevent Electrical Fires and Hazards

Preventing electrical fires and hazards lowers the risk of detrimental circumstances for the property owner. The inspections include a review of all electrical wiring and the installation itself. If the technicians discover any irregularities and installation errors, the technicians repair the issues quickly. Loose or damaged electrical wiring is a common cause of electrocution and fires in the home. Correcting the conditions quickly prevents the homeowner and their family from facing any serious risks because of the HVAC systems.

Identify Component Failures Faster

The technicians present repair estimates for any components that aren't performing correctly. Typically, when a component fails, the surrounding components work overtime to compensate for the loss. This means the HVAC system draws more energy and increases energy costs for the property owner. Replacing a failing component eliminates the suddenly high expenses and restores the system to its proper working order. After the repairs, the homeowner generates amazing savings and can afford to run their HVAC systems.

Finding Gas Leaks and Repairing Them Quickly

Heating systems that operate on natural gas or propane draw gas from underground pipes, and the gas flows through the heating system. Any leaks increase the risk of a fire, explosion, and the inhalation of poisonous gases by the owner or their family. Finding the leaks prevents catastrophic results for the homeowner. Homeowners who schedule HVAC inspections get better air quality, and the technicians find the source of air quality issues quickly. Inspections also help the owner find electrical hazards and wiring damage that could cause a house fire. Component failures are corrected quickly after the technicians discover the problem, and homeowners save incredibly on the heating and cooling costs. Inspections also prevent gas-related issues and keep the home safer.

Where to Get Your HVAC Systems Inspected

Allen Kelly & Company, Inc. has been providing reliable and high-quality HVAC services for about thirty years. The service providers offer comprehensive HVAC inspections, cleaning services, and repairs. The business offers emergency HVAC services and guarantees the quality of all repairs and installations.

Homeowners who want to learn more about the business and its services visit https://allenkelly.com/ for more information.

Media ContactCompany Name: Allen Kelly & Company, Inc.Contact Person: Robbie D. SturgisEmail: Send EmailPhone: (919) 779-4197Address:220 Tryon Rd A City: RaleighState: NCCountry: United StatesWebsite: allenkelly.com

Excerpt from:
Homeowners Know Its Vital to Have Their HVAC Systems Inspected - Press Release - Digital Journal

Serveway Heating and Air Conditioning announces that the optimal time for an AC replacement in Dallas, TX, and the surrounding areas is right now, due to unforeseen demand spikes in the coming weeks.

The time to invest in a replacement is here. Serveway Heating and Air Conditioning offers its services for all customers looking for a new system, and financing opportunities are available for those who want a payment plan. We got a new AC last year right at the end of winter, says Lucy, resident of Dallas, TX. When summer finally hit, we had a brand new system ready that worked perfectly all summer long. Anyone looking for a replacement is advised to start the process as soon as possible in order to have everything set up when winter concludes.

Serveway Heating and Air Conditioning is based in Dallas, Texas, and they are proud to be a one-stop-shop for all HVAC services. As an industry leader, they offer installations, replacements, repairs, service, maintenance, and tune-ups for all heating and cooling systems. Their team is comprised of qualified professionals, and each technician has at least six years of experience working in the industry. You can learn more about their offerings by calling (469) 231-9379 or visiting https://www.servewayhvac.com/.

See the original post:
Serveway Heating and Air Conditioning Expects Demand for AC Replacement in Dallas, TX to Rise - PR.com

HUNTINGTON Five elementary schools in Cabell County could be replaced on or off site over the next 10 years at an estimated cost of about $80 million, as outlined in the Comprehensive Educational Facilities Plan revealed Tuesday evening to the county Board of Education at its regularly scheduled meeting.

The finalized draft of the plan is a result of multiple community dialogue meetings in collaboration with the CEFP Steering Committee and information planning firm Cooperative Strategies, which worked to identify options that would best benefit the districts schools for generations to come.

Costs of the recommendations are based on numbers provided by the West Virginia School Building Authority, and projects that require land acquisition or extensive site preparation have additional funds allocated in the approximate amounts.

Davis Creek Elementary School in Barboursville, built in 1958, is recommended for a total replacement on a new site for an estimated cost of $16.1 million over other options like consolidation with Hite-Saunders or Altizer elementary schools.

Although the location is to be determined, committee members and stakeholders suggested constructing a larger facility to relieve overcrowding at Village of Barboursville Elementary through redistricting.

The school is the only facility outlined in the plan recommended to relocate.

Cox Landing Elementary in Lesage, Meadows Elementary in Huntington, Milton Elementary and Ona Elementary are all recommended for replacements on site with some stipulations.

Cox Landing lacks ADA compliance, and committee members suggested considering renovation of the existing building should the issues be able to be addressed.

If Meadows Elementary were to be replaced on site, committee members suggested the school be built back farther from its existing location at the intersection of Washington Boulevard and Hal Greer Boulevard.

In total, the estimated cost of the on-site replacements comes to about $64 million, although not all replacements were deemed high priority in the plan.

The option to construct a long-awaited shared football field for Huntington Middle School and Huntington East Middle School received positive feedback from the community during the stakeholder meetings, and in response the recommendation to acquire land for the facility was included in the CEFP.

Although the location is yet to be chosen, the estimated cost of the project is about $4.5 million and ranked at moderate priority.

The Cabell County Career Technology Center, which is expected to see program growth in the coming years, is also recommended to receive renovations or additions to the facility. The project is outlined as high priority and would cost an estimated $35.4 million to complete.

There are more than 30 suggested projects currently acknowledged in the CEFP, which will be available in full at http://www.cabellschools.com on Wednesday, March 4.

There will also be a feedback option available on the website, and Superintendent Ryan Saxe said he encourages the community to once again share their opinion on the recommendations.

From the very beginning, we have tried to engage the community and all of our stakeholders in this process, Saxe said. Whatever we do over the next 10 years is going to have to last in those facilities for the next 40-50 years, and we want to be able to be planning for the future.

In total, over 1,500 online questionnaires were collected as a result of the community dialogue meetings that took place prior to the finalization of the plan.

Of those, common themes emerged, like the opposition of school consolidation, student safety and addressing HVAC issues, restroom facility improvements and having athletic fields be equitable across the district.

Although board members did not take action on the CEFP, a work session is scheduled to discuss the options prior to the next regular BOE meeting.

Should no major changes or issues arise, the board is expected to vote on the plan March 17.

Saxe said his team will be switching gears as the board finalizes that plan to begin developing a funding strategy in order to pursue as many of the projects as possible.

The Cabell County Board of Education meets regularly on the first and third Tuesday of each month at 5:30 p.m. at the districts central office at 2850 5th Ave. in Huntington. Meetings are open to the public.

Follow reporter Hanna Pennington via Twitter @hpennHD.

See the original post:
Five elementary schools face replacement in unveiled facilities plan - Huntington Herald Dispatch

EZ Comfort Air Conditioning & Heating is now offering financing options for all customers seeking AC repair in The Woodlands, TX, and the surrounding areas.

EZ Comfort Air Conditioning & Heating has been working with customers to find the different pain points they experience when dealing with an HVAC provider. They have spoken to different people in order to isolate major problems and offer solutions. One of the problems with repairs, especially emergency repairs, is that no one is ever ready for them, says Jonathan, resident of The Woodlands, TX. Because of this, no one can guarantee that they will have the cash to pay for repairs right when they need them, but the repairs still have to be done. Financing options are something that can definitely make this easier for some of us. EZ Comfort Air Conditioning & Heating takes all feedback to heart, and they have launched this initiative with the hopes of making repairs more accessible to customers all around the local community.

EZ Comfort Air Conditioning & Heating understands that repairs are things that no one truly plans for. In a perfect world, there would be no need for AC repair in The Woodlands, TX, and the surrounding areas because systems would never break down. But accidents happen, and customers need ways to cope when they do. Working with Wells Fargo Financial National Bank is a great way to keep services affordable and open to everyone looking for them. The team at EZ Comfort can work with any customer looking for financing to find the best short or long term payment plan for their specific needs.

EZ Comfort Air Conditioning & Heating is a certified HVAC organization that has been working with customers in greater Houston for over 12 years. They provide HVAC services such as installations, replacements, repairs, service, maintenance, and tune-ups for all heating and cooling systems, and they are known to be one of the best companies in the local area. Their technicians are all trained and certified to diagnose and solve issues, and they have a reputation for being punctual and thorough with all of their work. For any questions about this announcement or their services, EZ Comfort Air Conditioning & Heating can be reached at (832) 777-0136.

More:
EZ Comfort Air Conditioning & Heating Announces Financing Options for AC Repair in The Woodlands, TX - PR.com

The Canby School Board on Feb. 26 moved unanimously to refer a 20-year, $75 million bond issue to Canby School District voters in the May 2020 primary election.

The bond proposal is designed to maintain 2019 tax rates by replacing the current bond payments that built Baker Prairie Middle School 15 years ago. Those payments are set to expire at the end of this year.

If the bond proposal is approved in May, it would also bring an additional $4.7 million from the states Oregon School Capital Improvement Matching Program in the form of a grant that was awarded to Canby School District.

Heres what the money would go toward, according to the final package that was presented to the board by members of the Bond Development Committee.

$27.16million would go toward high-priority facility upgrades and safety improvements (what the district calls its Warm, Safe and Dry initiative), including addressing roof repairs and replacements, HVAC systems, MEP systems and other interior and exterior projects.

$22.75million would go toward replacing theexisting 200 Wing science classrooms and labspaces at Canby High School, including design, demolition and new construction.

$10.22million would go toward instructional technology improvements, including wireless access points, projectors and voice amplification systems in classrooms; security cameras and installation; projection, sound and other technology in school gyms, cafeterias, libraries and computer labs for events; communications technology such as new phone, intercom, clock and bell systems; a student technology refresh that would replace devices and increase student-to-device ratios; and MDF/IDF technology distributionclosets (including school site technology/network connection points and terminals).

$4million would go toward upgrades of existinglight fixtures to more efficient and longer-lastingLED light fixtures and controls.

2.5 million would go toward CTE improvements K-12th grade, including promoting hands-on, experiential learning opportunities across the district with spaces and technology to support these activities, creating infrastructure to support more specialized operations and equipment in the high schools CTE spaces, and adding Maker/STEAM spaces at the elementary and middle school spaces.

$2.28 million would go toward districtwide ADA improvements, including the addition of oneADA unisex restroom at each school (except Baker Prairie) and one ADA changing room atKnight Elementary; ADA push buttons at entry doors; an elevator and corridor to provide access to locker rooms at the Ackerman Center; and districtwide playground accessibility improvements (includes surfacing, ramps and equipment).

$2.17 million would go toward district athletic improvements, including new turf infields for CHS softball and baseball, a new multipurpose turf athletic field at the high school, drainage improvements to existing athletic fields at Baker Prairie Middle School and resurfacing of the existing track at the Ackerman Center.

$650,000 would go toward a robust master planning process, including an elementary school replacement study and planning, middle school visioning and planning, comprehensive visioning and master planning for the high school and a maintenance building replacement study.

$90,700 would go toward fire safety improvements, including two fire suppression doors at Knight Elementary, and the wiring of an existing set of fire suppression doors at Lee Elementary to the main offices lock-down system.

$7.5 million (10 percent) would be retained for contingency, issuance and management of the funds and projects.

For more information, see the following presentation that was made to the Canby School Board on Feb. 20:

No Description

Want to support free, useful, locally produced journalism like this? Then consider joining our monthly membership program, Canby Now Plus, for as little as $1 a month! Youll help us sustain and expand our work, plus you can get access to exclusive content, cool merchandise and other goodies. Thanks!

Continued here:
You Decide: Here's What Canby School District's $75 Million Bond Proposal Would Go Toward - Canby Now Podcast

By Tom Tolen/News@whmi.com

At its meeting Monday night, the Brighton Board of Education approved two bonding resolutions - one, which will refinance the $48 million balance it owes to the Michigan School Loan Revolving Fund - and the other, authorizing the issuance of $59 million in bonds to implement the bond issue passed by voters last November.

Assistant Superintendent for Business and Finance Michael Engelter says the district wants to take advantage of the excellent interest rates right now to refinance its outstanding debt with interest on school bonds now hovering around the 2% mark. Engelter says the bond sale on the $59 million bond issue will likely take place in May, and he expects an excellent interest rate which could save the district hundreds of thousands of dollars.

Theres more good news.Engelter says the Brighton Area Schools bond rating has improved by two points, to A-3, over the previous B-double-A-2. He says that this, combined with the lower interest rates, bodes well for Brighton when the bond sale comes around. Among improvements to be made to district schools are a new STEAM, or Science, Technology, Engineering, Arts and Math building at the high school, plus STEAM classroom renovations throughout district schools, a new multi-purpose facility, parking lot and roof replacements, new HVAC units at the high school and many other upgrades.

Read more:
Brighton School Board Approves Bond Resolutions - WHMI

TULSA Mar 4, 2020 (Thomson StreetEvents) -- Edited Transcript of Aaon Inc earnings conference call or presentation Thursday, February 27, 2020 at 9:15:00pm GMT

* Gary D. Fields

AAON, Inc. - President & Director

* Norman H. Asbjornson

AAON, Inc. - Founder, Chairman & CEO

* Rebecca A. Thompson

AAON, Inc. - CAO & Treasurer

* Scott M. Asbjornson

AAON, Inc. - VP of Finance & CFO

D.A. Davidson & Co., Research Division - Senior VP & Senior Research Analyst

* Charles L. Myers

Good afternoon, ladies and gentlemen. Welcome to the AAON, Inc. Fourth Quarter full -- and Full Year Sales and Earnings for the Year Ended December 2019 Call. (Operator Instructions)

I would now like to turn the meeting over to Gary Fields. Please go ahead, sir.

Gary D. Fields, AAON, Inc. - President & Director [2]

Good afternoon. I'd like to read a forward-looking disclaimer to begin. To the extent any statement presented herein deals with information that is not historical, including the outlook for the remainder of the year, such statement is necessarily forward-looking and made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. As such, it is subject to the occurrence of many events outside AAON's control that could cause AAON's results to differ materially from those anticipated. Please see the risk factors contained in our most recent SEC filings, including the annual report on Form 10-K and the quarterly report on Form 10-Q.

Now I would like to introduce Scott Asbjornson, CFO, to discuss fourth quarter numbers.

Scott M. Asbjornson, AAON, Inc. - VP of Finance & CFO [3]

Welcome to our conference call. I'd like to begin by discussing the comparative results of the 3 months ended December 31, 2019, to December 31, 2018.

Net sales were up 9.1% to $122.6 million from $112.3 million. The increase in net sales was the result of improved production capacity and efficiencies. Gross profit increased 30.7% to $36.4 million from $27.8 million. As a percentage of sales, gross profit was 29.7% in the quarter just ended compared to 24.8% in 2018. The increase in gross profit was due to more efficient operations. Selling, general and administrative expenses increased 22.3% to $13.1 million from $10.7 million in 2018. As a percentage of sales, SG&A was 10.7% of total sales in the quarter just ended compared to 9.5% in 2018. The increase in SG&A was primarily due to professional fees related to our new market tax credit transaction that closed in the fourth quarter of 2019.

Income from operations increased 35.6% to $23.2 million or 18.9% of sales from $17.1 million or 15.2% of sales. Our effective tax rate increased to 25.6% from 24.2%. Net income increased 33.2% to $17.3 million or 14.1% of sales from $13 million or 11.5% of sales. Diluted earnings per share increased by 32% and to $0.33 per share from $0.25 per share. Diluted earnings per share were based on 52,701,000 shares versus 52,421,000 shares in the same quarter a year ago.

The results of the year ended December 31, 2019, to December 31, 2018, net sales were up 8.2% to $469.3 million from $433.9 million. This increase in sales was due to our improved production capacity. Gross profit increased $15.9 million to $119.4 million from $103.5 million. As a percentage of sales, gross profit was 25.4% in the year just ended compared to 23.9% in 2018. The company maintained a steady level of workforce throughout 2019. Company continues to improve its labor and overhead efficiencies and expects improvements to continue as new sheet metal machines were placed into service in the last quarter of 2019 and in early 2020. Selling, general and administrative expenses increased 8.1% to $52.1 million from $48.2 million in 2018. As a percentage of sales, SG&A remained constant at 11.1% of total sales. Income from operations increased 21.1% to $67 million or 14.3% of sales from $55.4 million or 12.8% of sales.

Our effective tax rate decreased to 19.9% from 23.7%. Upon completion of the company's 2018 tax return in 2019, the company recorded additional tax benefit due to higher-than-expected research and development credit of $0.6 million. Additionally, in 2019, the company determined it could take advantage of an additional 1% tax credit in Oklahoma for years in which the company's location was deemed to be within an enterprise zone. The additional Oklahoma credit, for being in an enterprise zone or otherwise allowable under Oklahoma law, resulted in a benefit of $1.2 million. Net income increased 26.9% to $53.7 million or 11.4% of sales from $42.3 million or 9.8% of sales. Diluted earnings per share increased by 27.5% to $1.02 per share from $0.80 per share. Diluted earnings per share were based on 52,635,000 shares versus 52,668,000 shares in the same period a year ago.

At this time, I will turn the call over to Rebecca Thompson, our Chief Accounting Officer, to discuss our balance sheet.

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Rebecca A. Thompson, AAON, Inc. - CAO & Treasurer [4]

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Thank you, Scott. Looking at the balance sheet, you'll see that we had a working capital balance of $131.5 million versus $93.2 million at December 31, 2018. Cash and restricted cash totaled $44.4 million at December 31, 2019. Our current ratio is approximately 3.3:1. Our capital expenditures for the year were $37.2 million. We expect capital expenditures for 2020 to be approximately $73.2 million. Shareholders' equity per diluted share is $5.51 at December 31, 2019, compared to $4.74 at December 31, 2018.

I'd now like to turn the call over to Gary Fields, our President.

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Gary D. Fields, AAON, Inc. - President & Director [5]

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Let's talk about the net sales. So we have had progressively price increases going back to 2017, but do it with the longer lead time, the backlog flow through to actual production and actual sales takes a fair while to happen. We've been working that backlog down, working our -- by increasing the production rate and so we're shortening our lead times. This will get the price increases through to the sales a little quicker. So right now, the price increases have had a positive impact on our financial performance. But more importantly, the efficiencies we've gained with the higher revenue, being able to dilute a lot of the fixed expenses, has been very beneficial. We're getting better labor efficiencies as well.

In Q4, about 53% of what we built was on our latest pricing. So that leaves about 47% to be built at the older pricing in Q4. So going forward, we're thinking that Q1 will be built predominantly on the June '19 price increase, which was 5%. And so you can do the ratio and math there and see that there was still some accretion to the gross margin available due to that price increase, somewhat offset by the 2020 wage increases. So it won't be absolutely accretive, but it will be somewhat accretive. The water source heat pumps, 2019, we had revenue of $25 million. That is versus $14 million in 2018. So '18 was double '17's revenue. '19 is up considerably again. '20, we think that, that slope will be a little shallower than it was '19 versus '18, but we're looking at a very solid business going forward with the heat pumps.

We've been working on updating a lot of our products and improving them because there is technology improvements in components and strategies. Our Norman Asbjornson Innovation Center is nearly fully utilized right now. We only have one chamber that is not totally usable. And this has allowed us to accelerate our development of new products. We received multiple awards throughout 2019 for introducing these industry-leading strategies and industry-leading efficiencies. Replacement market versus the new market still remains relatively constant for us on an annual basis of about 50% each. In Q1, we booked a fair amount of orders for replacement market, more percentage than we do new construction in Q1. That's preparing for primarily the school season where we're doing a lot of change out of units in schools.

The markets that we're participating in have remained very consistent over the last 3, maybe 4 quarters. So I don't see any particular market accelerating versus any others. The current scenario with markets is it looks like that going forward, manufacturing is doing quite well. I think we can thank the current administration for incentivizing manufacturers to be in North America -- in the United States. And we're seeing a direct result of that with people either improving the HVAC equipment on existing manufacturing plants that might have been mothballed at one time but are now being repurposed or in new manufacturing.

So let's talk about the backlog. December 31, '19, it was $142.7 million versus $151.8 million a year ago. So we decreased it 6%. While at the same time, we increased our production rate. So at this point in time, we have generated production capacity that's equal to or slightly greater than our booking capacity. We have additional sheet metal manufacturing capacity coming online as we speak. And we're also seeing bookings strengthen a bit over what they were due to our reduced lead times. So I think it will be a seesaw battle throughout 2020 to stay up with the bookings as they become more prevalent in light of the shorter lead times that we've been able to publish for people.

We're building a new 220,000 square foot manufacturing facility in Longview, Texas that supplements our existing 234,000 square foot facility there. So you can see it's nearly doubling the footprint. One of the benefits of that is there's -- about 77,000 square foot of that building will be utilized for relocating our inventory of coils that we manufacture in Longview to be used in Tulsa product. So that 77,000 square foot will be freed up in Tulsa to allow us to install some additional sheet metal manufacturing equipment here in Tulsa and delay the need for us to build a building here in Tulsa.

So now I would like to -- Norman, would you like to have any comments?

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Norman H. Asbjornson, AAON, Inc. - Founder, Chairman & CEO [6]

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Yes. Thank you. Glad to say hello to all of you again. We have traveled through a great deal of change in management of the company over the past 3 years since Gary came onboard. I've been here to help at the level I am, but all the people who I asked to stay around, a lot of the ones I asked to stay around until Gary came onboard so he would be given the freedom of choosing his replacements, have left. So we've had quite a large turnover of managerial personnel, which has caused us some problems for the past couple of years.

Those days are behind us. The new managers, all of whom came out of the existing personnel within our company, we did not have to go outside to get these managers, are coming up to the level of efficiency that we have historically had. We've had a very high degree of efficiency. And we're on the road back to it now. And I think, in my mind, I'm not going to be so much a part of it anymore, that they have the abilities to exceed the degree of efficiencies, which we -- had occurred prior to this beginning of changeover of management.

Along the way, we've dropped the average age of this management by some 20, some to 30 years. So we're not going to be looking at another change necessitated by aging out of the management. And the company has got a lot of talent in the age groups in the 30s and the early 40s now running the company, and you can see the kind of performance they're giving. I fully expect this to increase and the company to move forward at least in the rate we have historically moved forward in both profitability and revenue and then a very good chance that both of them will accelerate even more. So we're feeling very positive about the future of AAON.

And I'd like to thank all of you who have supported me during the 33 years that I was building this company to what it is. It was time I turn it over to Gary and the new management. Thank you, and hope to listen in on a couple more calls.

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Gary D. Fields, AAON, Inc. - President & Director [7]

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Do we have any questions?

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Questions and Answers

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Operator [1]

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(Operator Instructions) Your first question comes from the line of Brent Thielman of D.A. Davidson.

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Brent Edward Thielman, D.A. Davidson & Co., Research Division - Senior VP & Senior Research Analyst [2]

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I guess maybe just starting -- maybe just around the question of supply disruptions, there's been a little bit of that in the news here lately. Update us on what you're seeing. I -- if I remember right, you're waiting on a few more sheet metal machines to come in the new year to support some of that capacity in the factory, I guess, any disruptions you're seeing there? Is everything on schedule?

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Gary D. Fields, AAON, Inc. - President & Director [3]

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So far, everything is on schedule. We've been receiving roughly 1 new machine a month for several months now. Four of those machines we have in operation, 4 of those machines are yet to be put in operation. So they'll provide us additional capacity. One of those machines should go full capacity tonight or tomorrow, 2 machines next Friday and 1 machine following in about 30 days. Those are machines that are on premises. We will be receiving another machine that's already being unloaded at the port right now that will be here next week or the following week. So the machines that we have now have us running at a production rate that's relatively in line with our bookings rate. So these other 4 machines as they can't come on will afford us additional capacity and allow bookings to increase without increasing lead time. So I think that we've got this in pretty good alignment to stay pace, production capacity increases with bookings increases and that will be the challenge that we'll see. But I don't see any interruptions at this point in time for any of the needed machines coming in.

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Brent Edward Thielman, D.A. Davidson & Co., Research Division - Senior VP & Senior Research Analyst [4]

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Okay. That's good to hear. And I guess, Gary, just to kind of sum that up, as these new machines come in by the third quarter, you'll expect all of that capacity to be ready to support that increase in bookings?

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Gary D. Fields, AAON, Inc. - President & Director [5]

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The machines that we have now -- essentially, we're getting 1 machine per month through the end of the year. We have 8 more machines to come. And so those 8 more machines are coming approximately 1 per month. So I don't expect to get the last machine until, I think, late September, and it takes about 45 days to put those into beneficial use. So I've actually got a milestone that's dated 12/15/20. And of those 8 machines to come, one of them is being unloaded at the port right now, and 2 of them are on the water coming over. So there could be some delay in 5 -- one of those 5 machines that we've not been notified of. But I think it would be a pretty minor delay from anything that we've seen. And the other thing is, is those other machines that are not yet on the water coming over here, those are force capacity increases that we anticipate needing in mid- to late '21. I don't think any of the machines that we're depending on to meet capacity demands in 2020 are jeopardized at all.

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Brent Edward Thielman, D.A. Davidson & Co., Research Division - Senior VP & Senior Research Analyst [6]

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Okay. Okay. And it looks like good water source heat pump sales for the year. I guess, as I was backing into it, am I right that -- were sales and revenue dollars down in 4Q?

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Gary D. Fields, AAON, Inc. - President & Director [7]

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On the water source heat pump?

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Brent Edward Thielman, D.A. Davidson & Co., Research Division - Senior VP & Senior Research Analyst [8]

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Yes.

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Gary D. Fields, AAON, Inc. - President & Director [9]

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For Q4...

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Rebecca A. Thompson, AAON, Inc. - CAO & Treasurer [10]

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Fourth quarter...

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Gary D. Fields, AAON, Inc. - President & Director [11]

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I don't have it broken out that way right here. It looks like it could have been just slightly off, but I don't think it was anything material that I recall. So I'm not sure exactly how you're discerning that to make that assumption.

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Brent Edward Thielman, D.A. Davidson & Co., Research Division - Senior VP & Senior Research Analyst [12]

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Just backing out what I saw in the 10-K, the prior 2 quarters. I guess what I was really getting to is I was just wondering, given that has been a little bit of a drain on the gross margin, whether that helped a bit here in the quarter since you didn't know...

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Read more from the original source:
Edited Transcript of AAON earnings conference call or presentation 27-Feb-20 9:15pm GMT - Yahoo Finance

In aFleet Ownerarticlelooking towards the next decade, it was said that numerous freight transportation experts suggested there is likely to be more advancements during the next 10 year than in the past five decades combined.

In that article, Daimler Trucks North Americas Roger Nielsen said, you cant bring fuel efficiency changes every day.

I am sure Nielsen was talking from a manufacturing point of view. But the same can be said from a technology adoption point of view. In our Annual Fleet Fuel Study we look at fleet adoption of 85 different technologies and practices. Sometimes you do see huge increases in the adoption rate of a specific technology from one year to the next.

For example, in the 2019 study we saw a 1,389% increase in the adoption rate of tractor gap reducers and a 126% increase in the use of solar panels from 2017 to 2018. And after years of slow growth in automated technologies, they moved from 25 to 70% in just three years! But what is more normal is a slower adoption over a period of years.

This is due in part because the vast diversity of needs in the industry can make the adoption of a specific fuel-saving technology slow, as it might not be suited for all applications. Also, fleets have multiple demands and challenges including access to capital, levels of risk tolerance, whether they buy or lease their vehicles, whether they have company drivers or use independent contractors, whether they do their own maintenance or outsource it. The list goes on and on. And, of course, there is the fact that trucks have different duty cycles and operate in different geographic locations. Wow, the many challenges when deciding what and when to buy.

What weve learned from years of conducting the Fleet Fuel Study is that technologies take a long time to scale from small deployment projects to use by innovative fleets and early adopters to late adopters and laggards. At that point the new product has reached a saturation point and most fleets are receiving value from it. Think trailer skirts and down sped powertrains.

One other thing we learned from the Fleet Fuel Studies is that current diesel fuel prices are not the only motivating factor in a fleets decision to invest in fuel-saving technology. They also look at things like regulations and sustainability. More on that in a future blog.

I suspect that no matter what the technology, we will continue to see adoption rates follow the normal pattern weve seen for a variety of other technologies over the years.

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What to look for in a procure-to-pay solution - Fleet Owner

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Media ContactCompany Name: Ewing Air Conditioning & Heating LLCContact Person: David EwingEmail: Send EmailPhone: (972) 693-2343Address:1403 Canyon Creek Rd City: WylieState: TXCountry: United StatesWebsite: https://www.ewingairconditioningheating.com/

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Ewing Air Conditioning & Heating LLC is the Top-Rated AC and Heating Installation Company in Wylie, TX - Press Release - Digital Journal

SWEETWATER COUNTY The Sweetwater County Commissioners hosted a 6th cent project workshop on Thursday, in which the different entities and organizations presented their proposed projects to the commissioners, laying out their needs and priorities.

Sweetwater County Deputy Attorney, John DeLeon, said the commissioners had two main tasks for the workshop, which were to figure out priority projects, and start to think about how the proposed projects should be presented on the ballot.

The commissioners have until roughly June 2020 to have the resolution completed to go on the ballot.

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The total proposed projects heading into the workshop totaled roughly $182 million.

That just absolutely wont fly, Commissioner Randy Wendling said.

The commissioners are all in agreement of getting the 6th penny tax down to about $80 million. While Chairman Johnson is looking at $80 million as a hard cap, the other commissioners are a bit more lenient.

Commissioner Lauren Schoenfeld said $80 million feels right, while Commissioner Roy Lloyd said he would go up to $90 million if needed. Commissioner Wendling said he could go up to $95 million, and Commissioner Jeff Smith said if the justification was there, he could go up to $100 million.

Commissioner Schoenfeld said the projects that will make the biggest impact throughout the county as a whole will be given top priority in her decision making. Chairman Johnson said population of the areas the projects are taking place in has to play a key part in where the funding goes.

Commissioner Lloyd echoed Schoenfeld and Johnson, saying the top priority should be given to the projects that have the most impact on the entire county and are proportionate to the size of the community. He added that they should focus on projects that will grow the community economically.

The entities presented their projects and totals to the commissioners, and set their priority projects.

The list of amounts and projects, ordered as presented, are listed below:

According to Bairoil, the water and sewer lines break often, and costs them up to $25,000 to $30,000 to fix every time for repairs. The water projects would cost roughly $1.25 million.

The commissioners mostly agreed that they would support allocating the $1.25 million for the priority projects.

The water pipeline is over 40 years old, and similar to Bairoil, it breaks often and has costed the Town of Granger roughly $75,000 over the last four years to repair. The Hams Fork River extension is needed during the construction of the water intake pipeline, so the projects go hand in hand. The cost of these two projects would cost just under $2 million.

Johnson, Schoenfeld, and Wendling said they would give about $1.3 to $1.8 million for their priority projects. Commissioners Lloyd and Smith were undecided.

Proposed Sponsored Projects

With a six-month waiting list for childcare, and with the YWCA being one of the only places in the county that takes infants as young as 6-weeks old, they are in need of expanding their building and program.

Commissioners Lloyd, Schoenfeld, and Johnson were in support of funding the YWCAs intiative.

The airport funding is a local match for an $18.5 million terminal modernization project. However, the grant for the project could come through anytime between now and the next few years, so the 6th penny money may not be used immediately if granted.

The commissioners were all unsure about funding this project, however, Chairman Johnson leaned towards not funding it, as the funds might not be used for several years.

According to Heather Anderson, one of the main organizers behind the multi-use recreation facility project, there is limited gym space in Rock Springs between 4 and 9 pm. Rather than a complete recreation center, the facility would be a field house where different activities and organizations can book gym space more easily.

Anderson said the facility would be a quality of life project, and she would not mind if it went onto the ballot as its own initiative. She hopes the project would increase the amount of sporting events and tournaments the county could host, which would increase the amount of revenue coming into the county.

Rock Springs Councilman Rob Zotti said the estimated revenue presented to the City of Rock Springs would be $450,000 each year. He said he is skeptical of that estimate, but thats what has been estimated.

Commissioner Lloyd said he understands that Green River has less people and less demand, but pointed out that Green River has made due with gym space. He said he has received several calls in support of this project, but that he still struggles to see the priority of the project.

Chairman Johnson however, has had many calls against this project. Commissioner Smith said that whether or not the calls have been in support or against, they have heard a lot of feedback from the community on this one initiative. Due to this, he believes the county may want to present it on the ballot and leave it up to the residents to vote yes or no.

Superior currently only has one reliable well, so an additional well is needed. The original water pipes were placed about 35 years ago and are nearly at their life expectancy.

The commissioners all supported funding this in full.

Wamsutter got half of the Gateway West impact funding that the county went after recently, however, none of those funds went towards these projects. Chairman Johnson expressed his disappointment that they did not include these projects on their list when they went after that funding.

Wamsutter Mayor Joe Erickson said at some point, the smaller communities in Sweetwater County have to start making improvements if they want to increase residency. He said the industrial loop and the water lines projects go hand in hand, as the water lines must be replaced while they are repairing the industrial loop.

Commissioner Wendling supported funding the top two priority projects. The rest of the commissioners said cuts needed to be made but were not sure where to make those cuts yet.

For the operating room to meet regulatory requirements, the HVAC units will have to be replaced at the same time of renovations. The commissioners are leaning towards support funding MHSC in full. Chairman Johnson and Commissioner Lloyd both pointed out that the hospital benefits the entire county, so it has the most impact.

Entities that are not municipalities cannot go for 6th penny funding on their own, so they must be sponsored by a municipality. The county said they could sponsor MHSC.

Chairman Johnson and Commissioners Lloyd and Smith supported funding the hospitals initiative in full. Commissioners Schoenfeld and Wendling said they would support funding the top two projects for sure, and possibly the third.

The Events Complex initially presented the commissioners with a $24 million proposal, and have since scaled back to these three projects.

Zotti, who also serves on the fair board, noted that the Events Complex is the one thing the county has that makes Sweetwater a destination community. Therefore, there are not only quality of life benefits attached to the complex, but economic benefits as well.

At this time, Chairman Johnson and Commissioner Smith support funding the Events Complex in full. Commissioners Schoenfeld, Lloyd, and Wendling support funding the priority projects, and are open to funding the third project as well.

The county would like to sponsor the Events Complex.

The sewer collection system has several structural issues that has been causing clogging and backups. The lagoon has extensive solid accumulation, capacity overflow, and is currently violating OSHA standards. Therefore, the lagoon must be improved.

Current sewer rates in Reliance is $60, whereas the target range is $20 to $30. With 6th penny funding, they could make improvements to the collection system and lagoon, and lower rates to about $27.

As of now, all the commissioners support funding these proposals in full. The county would like to sponsor this initiative.

The sewer line would allow for growth in the Jamestown area, as it would provide wastewater transfer for developers. The commissioners are all in support of this project, and would like to sponsor it.

The existing clinic was built 40 years ago, and they had outgrown that facility, according to CRHD CEO Bailie Dockter. The construction of the new facility will be completed in Winter 2020. Inititally, they were trying to pay for the new clinic through debt services, and the projected pay off date for that is 40 years.

If they received 6th penny funding, they would be able to use other money to increase services offered by hiring more providers. They would like to expand hours to include weekends, and they would like to bring in behavioral health services.

Chairman Johnson said he would like to get CRHD on the ballot, but suggested they get $1 million instead of their full proposal. The other commissioners agreed they would like to see them on the ballot but were unsure of how much funding to allocate at this time.

Green River Mayor Pete Rust said the council believes the 6th penny funding is the tool they have available to the community to get necessary projects done.

We dont need to apologize for coming in and asking for the needs that we have identified and believe in, Mayor Rust said.

Green River City Administrator, Reed Clevenger, said they narrowed down infrastructure projects to what they believe they can get done on a 4-year timeline.

Setting Priorities

Chairman Johnson said the commissioners had a hard time telling what the citys priorities were. Clevenger said roads and infrastructure are the priorities, but that they need to know how much funding theyll be given to determine which projects can be done.

You telling me you have $80 million or $90 million still doesnt do me any good. Are you doing it off of people base, tax base, or what weve done in the past? Clevenger said.

Johnson said if the commissioners knew the citys priorities, that would influence the amount of money they would allocate to the City of Green River.

Clevenger said the proposed projects in their entirety are the citys priorities.

Commissioner Smith said $44 million is over half the 6th penny budget and that the commissioners are probably not going to be comfortable with allocating that much to one community.

Clevenger said they would have to go back to council and figure out priorities, which Commissioner Schoenfeld asked them to do as soon as possible and send their priorities to her.

Until the priorities are set, the commissioners are unsure how much they would like to allocate to the City of Green River.

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Commissioners Host 6th Penny Workshop to Start Prioritizing Projects - SweetwaterNOW.com