RACA Journal April 2020 | Page 22

Events and Exhibitions THE 2020 AHR EXPO UNVEILS NEXT REVOLUTION OF HVACR Professionals from across HVACR descended upon the Orange County Convention Centre in Orlando, Florida, from 3 – 5 February for the 2020 AHR Expo A ttendees and exhibitors engaged in three full days of innovation and learning and took an exciting look into the future of HVACR. Spread across 506 090 square feet (47 017m 2 ), exhibitors on the Show floor delivered new and never- before seen products and technology, live demonstrations, networking opportunities and a revitalised energy for the future of the industry. In every education session, council talk, podcast broadcast, exhibitor event and long walk across the Show floor, one thing was abundantly clear —the HVACR revolution has arrived in full force. “The energy on the Show floor this year was hard to miss. From corner to corner, in every booth, education session, event programme, everywhere, it’s clear that this industry is alive and thriving,” said Mark Stevens, Show manager. “Leading into this Show we knew there were some big changes happening across the industry and we saw that reflected in Orlando. It is truly an exciting time to be a part of the HVACR community and, if 2020 is any indication, it is just getting started.” The 2020 Show welcomed over 50 000 attendees, more than 1 900 exhibiting companies (577 of which were international, as well as 295 who were first time exhibitors). Victor Grasso, a young HVAC Service technician from New Jersey says of his first AHR Expo, “The videos of this Show online don’t do it justice. When you’re here you get to pick up the tool and feel how it actually works. It really assures me that if I purchase the tool in the future, I’ll know that I’m getting the right tool for the job. For a young person like me who is new to the trade, the Show introduced me to a whole other aspect of the industry. I found so many products and companies I would have never known existed.” THE 2020 EDUCATION PROGRAMME The 2020 Expo presented lots of opportunities for growth for exhibitors and visitors. Private Equity 101: What HVACR founders need to know This session provided insight into private equity at a basic level understanding. Private equity is currently investing millions into small-to-medium sized founder-led HVAC companies. A panel of investors discussed the varying types of investor opportunities, how a company is valued and how the partnership process typically works. Attendees were left with an understanding of the options available through partnership in order to make decisions that best fit their business. Education programmes from the day were well-attended. 20 The 2020 Show featured more than 200 sessions in the Education Programme. This year featured new sessions inspired by trends happening currently across HVACR, as well as those forecasted for the near future. Below is a summary of some of the topics discussed throughout the Show: RACA Journal I April 2020 Skilled labour! Overcome the shortage to protect your business This session discussed the current state of the industry and the skilled labour shortage. Eighty-two percent of CEOs report that www.hvacronline.co.za