A regional industrial distributor that grew roughly 20-fold is handing leadership to a new generation.
Jason McGuire will become CEO of Air Hydro Power on October 1, replacing longtime leader Tom McGuire.
Tom McGuire is stepping away from day-to-day management after 34 years with the Louisville, Kentucky-based company.
Revenue Has Grown From $10M to More Than $200M
When Tom McGuire joined the business, Air Hydro Power generated roughly $10 million in annual revenue.
Today it produces more than $200 million.
The company has expanded through a mixture of geographic growth, technical capabilities and acquisitions.
The Former CEO Is Staying Close to M&A
Tom McGuire will move into a consulting role with parent company Houchens Industries.
Importantly, he will continue working on:
Acquisitions.
Special projects.
Strategic opportunities.
That suggests the leadership change is not a retreat from expansion.
Why Mechanical Contractors Should Care
Air Hydro Power operates across industrial automation, fluid power and related technical markets.
These categories increasingly overlap with commercial mechanical work.
Modern systems combine:
Motors.
Controls.
Drives.
Pneumatics.
Hydraulics.
Sensors.
Automation.
The contractors maintaining industrial buildings therefore operate inside an increasingly technical supplier ecosystem.
Contractor Takeaway
Leadership transitions at distributors matter most when they reveal strategy.
This one does.
Air Hydro Power is changing CEOs after growing from about $10 million to more than $200 million — while keeping its outgoing leader focused on acquisitions and expansion.
