2020/2021 and the Refrigeration Industry
2020 presented many challenges to the refrigeration industry across the country. EPA and DOE Government regulations required our top equipment suppliers to retool manufacturing to accommodate higher efficiency AWEF walk-in cooler/freezer storage facilities as well as refrigerant suppliers to maintain lower GWP’s applied in all compliant systems.
This came at a time when the COVID-19 pandemic had interrupted our supply chain, leading to longer lead times and missed ship dates. This event also caused uncertain times in wholesale distribution’s ability to meet the needs of business re-openings while trying to maintain a steady request of aftermarket service parts and replacement equipment brought on by an earlier than normal summer heat.
Because of awesome teamwork from across our footprint, Gustave A. Larson survived the summer with some great successes and wins along the way.
We know government regulations and COVID-related activity will continue into late 2021. Retail supermarkets and convenience stores responding to changing online ordering needs, pharmaceutical requests relating to COVID rapid test and vaccine storage, as well as the food industry will bring container and “farm to fork” storage opportunities as 2021 progresses. We should also experience increased service and install activity as dine-in and drive-through restaurant COVID restrictions relax.
Larson has made significant investments in the refrigeration segment inventory – we are ready for the burst of business 2021 has brought!
The changing industry environment will certainly continue to be a challenge as the year progresses. However, the promising factor is “where there is change, there is need and opportunity”. Here at Larson, the refrigeration segment has been in similar situations before. We were able to meet changes then and will again. If you are hoping to expand your refrigeration business, reach out to your Larson representative or contact us today to get started!