ACR GROUP INC.- PANAMA CITY

We presently are working with our major suppliers in arranging full communication of inventory information that will allow for improved inventory balancing and reduced inventory needs at each branch location.ACR Group, Inc. is one of the nation's leading independent wholesale distributors of air conditioning, heating and refrigeration equipment, parts and supplies. Founded in 1990, ACR Group has grown through acquisitions and internally to 54 branch locations in 10 states, primarily in the sunbelt.

ACR continues to grow. Each year we evaluate opportunities for organic growth to take advantage of the availability of key personnel, product lines or distribution markets. While we never set out to be the biggest distributor in the industry, the economies generated by our size assist us in achieving our stated goal of being the best managed company in the industry. Branch expansion and acquisitions are expensive, but we are committed to capitalizing on opportunities presented so we can maximize the long-term value of our company.