PHCC

Preston Hollow Community Capital Closes $202,500,000 Tax-Exempt Pooled Securities (TEPSTM ) Financing

Retrieved on: 
Monday, February 26, 2024

Preston Hollow Community Capital (“Preston Hollow” or “PHCC”), a provider of specialized impact financing solutions for projects of social and economic importance to local communities, announces the February 14, 2024 pricing and February 23, 2024 closing of a $202.5 million Tax-Exempt Pooled Securities (“TEPSTM”) financing through the Public Finance Authority (“PFA”).

Key Points: 
  • Preston Hollow Community Capital (“Preston Hollow” or “PHCC”), a provider of specialized impact financing solutions for projects of social and economic importance to local communities, announces the February 14, 2024 pricing and February 23, 2024 closing of a $202.5 million Tax-Exempt Pooled Securities (“TEPSTM”) financing through the Public Finance Authority (“PFA”).
  • The Certificates are secured by a collateral pool of tax-exempt bonds, the vast majority of which were directly originated by PHCC.
  • TEPSTM provides PHCC with an attractive cost of capital, a more standardized financing structure and reliable access to long-term funding through the tax-exempt capital markets.
  • Jim Thompson, Chairman and CEO of Preston Hollow, commented, “This is our second TEPSTM transaction following our successful 2023 inaugural issuance, and we’re gratified by the strong market reception.

Plumbing-Heating-Cooling Contractors of North Carolina (PHCC of NC) Announces Open Membership Renewals and Welcomes New Applicants

Retrieved on: 
Thursday, December 28, 2023

Simultaneously, PHCC of NC extends a warm invitation to prospective members, as new applications for membership are now being accepted through the association's official website: https://phccnc.com/join .

Key Points: 
  • Simultaneously, PHCC of NC extends a warm invitation to prospective members, as new applications for membership are now being accepted through the association's official website: https://phccnc.com/join .
  • As a leading advocate for plumbing, heating, and cooling professionals in North Carolina, PHCC of NC is dedicated to fostering industry excellence, providing resources, and promoting collaboration within the sector.
  • Collaboration and Partnerships: Explore collaboration opportunities with fellow members, fostering partnerships that can drive personal and professional growth.
  • For those interested in joining PHCC of NC for the first time, the online application process is quick and easy.

Making "Above and Beyond" Business as Usual - SupplyHouse.com's Giving Back Initiatives

Retrieved on: 
Thursday, December 14, 2023

Led by their core value of generosity, SupplyHouse.com supported a diverse range of organizations and events throughout the year while fostering community and promoting well-being.

Key Points: 
  • Led by their core value of generosity, SupplyHouse.com supported a diverse range of organizations and events throughout the year while fostering community and promoting well-being.
  • SupplyHouse.com also supported the future of the industry through the 2024 Next Generation HVAC Trade Academy Scholarship, sponsored by HousecallPro.
  • Key initiatives in 2023 included a partnership with Operation Tiny Home, an organization that supports and assists individuals facing housing insecurity.
  • You can learn more about how SupplyHouse.com supports the skilled trades by following them on Facebook, Instagram, and LinkedIn.

Growing the Trades: Watermark Home Services Announces Expansion of Apprenticeship Programs in All Major Ohio Cities

Retrieved on: 
Monday, November 13, 2023

COLUMBUS, Ohio, Nov. 13, 2023 /PRNewswire/ -- Watermark Home Services, Ohio's leading plumbing, drain cleaning, heating, and cooling services contractor, announces the expansion of a statewide apprenticeship program.

Key Points: 
  • COLUMBUS, Ohio, Nov. 13, 2023 /PRNewswire/ -- Watermark Home Services, Ohio's leading plumbing, drain cleaning, heating, and cooling services contractor, announces the expansion of a statewide apprenticeship program.
  • A fully established state-certified program to develop technicians in the trades, The Watermark Home Services apprenticeship program is licensed and approved by the Ohio State Apprenticeship Council (OSAC), The Department of Labor, PHCC, and Veteran Affairs.
  • David Specht, President & COO Of Watermark Home Services, was instrumental in the program's original development and focused on developing the skillset of technicians in-house.
  • The current list of Watermark Home Services companies includes The Waterworks (Columbus, Ohio), Atherton Plumbing (Dayton, Ohio), The Plumbing Source (Cleveland, Ohio), Ken Neyer Plumbing, Nixco Plumbing and JonLe Heating & Cooling (Cincinnati, Ohio).

SupplyHouse.com and PHCC Team Up for 14th Annual Trade Tuesday Initiative

Retrieved on: 
Thursday, November 9, 2023

MELVILLE, N.Y., Nov. 9, 2023 /PRNewswire/ -- SupplyHouse.com, a leading online supplier for professionals in the heating, plumbing, HVAC, and electrical industries, is launching its 14th annual Trade Tuesday campaign later this month. This year's campaign focuses not only on providing financial assistance, but also on fostering workforce education and development for current and future tradespeople.

Key Points: 
  • Starting November 28th and running through December 8th, SupplyHouse.com's 2023 Trade Tuesday initiative will offer a unique way to engage on social media and make a difference.
  • For every like, comment, or share on the designated Trade Tuesday social media posts, SupplyHouse.com will donate $2 to the Plumbing-Heating-Cooling Contractors—National Association (PHCC) Education Fund.
  • SupplyHouse.com invites everyone to participate in Trade Tuesday by engaging with their social media posts and helping to spread the word about this initiative.
  • Your engagement directly supports the growth and development of the skilled trades and hardworking trade professionals across the country.

Preston Hollow Community Capital Completes $51.65 Million Bond Purchase for AMDA College of the Performing Arts

Retrieved on: 
Tuesday, November 7, 2023

Preston Hollow Community Capital (“PHCC”) completed the purchase of $51.65 million in tax-exempt and taxable revenue bonds issued through the California Municipal Finance Authority (“CMFA”) and the Dormitory Authority of the State of New York (“DASNY”) on behalf of AMDA College of the Performing Arts (“AMDA”).

Key Points: 
  • Preston Hollow Community Capital (“PHCC”) completed the purchase of $51.65 million in tax-exempt and taxable revenue bonds issued through the California Municipal Finance Authority (“CMFA”) and the Dormitory Authority of the State of New York (“DASNY”) on behalf of AMDA College of the Performing Arts (“AMDA”).
  • The financing, originated by PHCC, was comprised of $91.65 million of bonds -- $31.085 million of tax-exempt bonds plus $4.585 million of taxable bonds through CMFA, and $55.98 million of tax-exempt bonds through DASNY.
  • Proceeds from the issuance will be used to refinance existing bank debt and fund capital improvements at the New York City and Los Angeles campuses.
  • Nixon Peabody LLP served as underwriter’s Counsel and Locke Lord LLP acted as counsel to AMDA.

Bradford White announces lineup of high-performing and high-efficiency solutions for PHCCCONNECT2023

Retrieved on: 
Tuesday, October 17, 2023

AMBLER, Pa., Oct. 17, 2023 /PRNewswire/ -- Bradford White Corporation, an industry-leading manufacturer of water heaters, boilers and storage tanks, will showcase a range of innovative high-performance and high-efficiency products while serving as a major sponsor of PHCCCONNECT2023, the premier annual conference for plumbing, heating and cooling professionals.

Key Points: 
  • "Bradford White remains committed to supporting PHCC and the industry overall as it continues to grow and evolve," said Neal Heyman, director of marketing for Bradford White.
  • PHCCCONNECT2023 offers top-tier education sessions, a product and technology showcase featuring the latest technological advances, and face-to-face networking opportunities with business owners and other professionals.
  • Representatives from Bradford White will be at Booth #400 during the event to meet with attendees and discuss the following Bradford White Water Heaters products:
    Bradford White Water Heaters AeroTherm® Heat Pump Water Heater with Bradford White Connect™ and Microban®: With 50-, 65- and 80-gallon capacity units available, the Bradford White Water Heaters ENERGY STAR®-certified AeroTherm® Series offers value, efficiency and versatility.
  • For more information about Bradford White Corporation, visit https://www.bradfordwhitecorporation.com .

Hudson Technologies Announces Appointment of Kathleen L. Houghton to Board of Directors

Retrieved on: 
Thursday, October 12, 2023

Ms. Houghton currently serves as Hudson’s Vice President – Sales and Marketing and will fill the vacancy resulting from the concurrent resignation of Stephen P. Mandracchia from the Board.

Key Points: 
  • Ms. Houghton currently serves as Hudson’s Vice President – Sales and Marketing and will fill the vacancy resulting from the concurrent resignation of Stephen P. Mandracchia from the Board.
  • Kate Houghton joined Hudson Technologies in 2014 as Director of Marketing, was appointed to her current role in 2019, and was named an executive officer of the Company in 2020.
  • Her previous roles include 16 years with Kidde-Fenwal/United Technologies, including Director of Marketing Global Suppression.
  • Other prior positions include Vice President, Marketing at C&M Corporation and Vice President, Sales & Marketing at Safety Hi-Tech USA.

A Toast (and Jam) to the Trades: SupplyHouse.com Headlines Workforce Panel Breakfast at PHCCConnect2023

Retrieved on: 
Thursday, October 5, 2023

A Toast (and Jam) to the Trades: SupplyHouse.com Headlines Workforce Panel Breakfast at PHCCConnect2023

Key Points: 
  • A Toast (and Jam) to the Trades: SupplyHouse.com Headlines Workforce Panel Breakfast at PHCCConnect2023
    From October 25-27, SupplyHouse.com will be actively participating in and sponsoring several events at PHCCConnect2023.
  • Notably, the Melville, New York company will be headlining the Workforce Panel Breakfast on Friday the 27th.
  • This breakfast panel is particularly timely given the significant workforce shortage and the necessity to educate the younger generation about the ample opportunities and rewards the trades offer.
  • Given the popularity of the Workforce Breakfast, attendees are advised to arrive on time as space is limited.

First Onsite Property Restoration Acquires Case Restoration, Inc.

Retrieved on: 
Tuesday, August 22, 2023

GREENWOOD VILLAGE, Colo., Aug. 22, 2023 /PRNewswire-PRWeb/ -- First Onsite Property Restoration (First Onsite), one of North America's largest disaster recovery and restoration providers for commercial enterprises, has added Case Restoration, a full-service mitigation service provider, and general contractor based in Nashville Tennessee to its service locations. This acquisition is part of First Onsite's approach to providing exceptional experiences for clients by focusing on the expansion of critical services and timely responses.

Key Points: 
  • First Onsite Property Restoration (First Onsite), one of North America's largest disaster recovery and restoration providers for commercial enterprises, has added Case Restoration, a full-service mitigation service provider, and general contractor based in Nashville Tennessee to its service locations.
  • GREENWOOD VILLAGE, Colo., Aug. 22, 2023 /PRNewswire-PRWeb/ -- First Onsite Property Restoration (First Onsite), one of North America's largest disaster recovery and restoration providers for commercial enterprises, has added Case Restoration, a full-service mitigation service provider, and general contractor based in Nashville Tennessee to its service locations.
  • We are fortunate to build a relationship with a company such as Case Restoration which has maintained high standards and earned an impeccable reputation," stated Jeff Johnson First Onsite Global CEO.
  • Case Restoration is known in the middle Tennessee area as the "go-to" restoration provider specializing in large loss.