Newcomb and Co.
Newcomb and Company is a North Carolina residential HVAC and plumbing services provider founded in 1954, operating two offices (Raleigh, Wilmington) and serving homeowners with repair, installation, maintenance, and energy-efficiency services. It is a subsidiary of EMCOR Group (NYSE: EME) and a long-standing Carrier Authorized Dealer.
- Company typePrivate
- Founded1954
- HeadquartersRaleigh, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Newcomb and Co. does
Newcomb and Company is a North Carolina-based residential and light commercial HVAC and plumbing services provider founded in 1954 by Charles A. "Bo" Newcomb in Raleigh. The company operates two regional offices — the Triangle headquarters in Raleigh (3000 Comfort Court) and a Coastal office in Wilmington (3305 Merchant Court) — serving homeowners and select commercial customers across central and eastern North Carolina. Service lines include HVAC repair and replacement, HVAC design and installation (with custom zoning, ductwork, and load calculations), 24/7 plumbing services, energy efficiency and renewable energy solutions (whole-home audits, crawl space sealing, attic insulation, geothermal), and an annual maintenance subscription called the Comfort Contract that converts transactional work into recurring revenue.
The business model combines professional services (diagnostics, repair labor), hardware sales (Carrier HVAC equipment, iWave air purifiers, water heaters, fixtures), and recurring maintenance contracts. Pricing is quote-based, with a $149 standard diagnostic fee (or $98 for Comfort Contract members) and promotional financing offered through Wells Fargo Bank and Carrier credit cards. Go-to-market is direct-to-consumer via two regional field-service operations, supported by SEO-optimized local landing pages, a content/resource blog, social media presence, and earned media (including CBS News features). Customer testimonials emphasize technician professionalism and same-day responsiveness.
The company is a subsidiary of EMCOR Group, Inc. (NYSE: EME), a publicly traded mechanical and electrical contractor, with commercial/industrial work routed through a separate EMCOR-branded entity (newcombemcor.com). Newcomb has maintained a nearly 60-year Carrier Authorized Dealer partnership and holds memberships in the U.S. Green Building Council, CBCP, CEA, and several local Chambers of Commerce. Headcount is reported in the 101-250 range; revenue is not publicly disclosed.
Newcomb and Co. firmographics
Firmographics- Name
- Newcomb and Co.
- Legal name
- Newcomb and Company
- Website
- http://www.newcombandcompany.com/
- Company type
- Private
- Founded year
- 1954
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Newcomb and Company is a North Carolina residential HVAC and plumbing services provider founded in 1954, operating two offices (Raleigh, Wilmington) and serving homeowners with repair, installation, maintenance, and energy-efficiency services. It is a subsidiary of EMCOR Group (NYSE: EME) and a long-standing Carrier Authorized Dealer.
- Ownership category
- akta.pro rank
Newcomb and Co. industry classification
Industry- Product category
- HVAC and Plumbing Services
- NAICS
- Plumbing, Heating, and Air-Conditioning Contractors (238220)
- SIC
- Wholesale-Hardware & Plumbing & Heating Equipment & Supplies (5070)
- akta.pro primary industry
- HVAC & Refrigeration Contracting (IMAFALAB)
- akta.pro secondary industries
- HVAC System Replacement & Change-Outs (HSAOAGAB), Mini-Split / Ductless HVAC Service & Repair (HSAOAHAH)
Keywords
Where Newcomb and Co. is headquartered
LocationHeadquarters
- HQ city
- Raleigh
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Newcomb and Co. business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- Service and Repair: On-demand HVAC and plumbing repair services for residential and commercial customers. Revenue generated from diagnostic visits, parts replacement, and labor. Emergency services available 24/7.
- New Installation and Replacement: Sales and installation of new HVAC systems, water heaters, and plumbing fixtures. Includes custom system design and equipment sales.
- Comfort Contracts (Maintenance Agreements): Recurring annual subscription-based maintenance programs providing scheduled inspections, priority service, and discounts on repairs. Generates predictable recurring revenue.
- Financing Services: Facilitates financing through Wells Fargo and Carrier credit cards for customers purchasing HVAC equipment and services. Partner commissions or financing fees may apply.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Standard Service Fee |
| Subscription | Annual | Comfort Contract Service Fee |
| Other | Pay-as-you-go | After-Hours Service |
| Subscription | Monthly | Promotional: Free Service Fee with Comfort Contract Sign-up |
| Unit Pricing | Pay-as-you-go | Promotional: iWave Air Purifier Discount |
| Other | Pay-as-you-go | Promotional: Free 3-Year Labor Warranty |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Newcomb and Co. product offering
Product offeringCore offering
Newcomb and Company is a residential HVAC and plumbing service provider that sells, installs, repairs, and maintains heating, cooling, plumbing, and air quality systems for homeowners in North Carolina. Its core offerings include HVAC repair and replacement, plumbing services, custom HVAC design and installation, an annual Comfort Contract maintenance program, energy efficiency services, and financing for new equipment. The company operates as a Carrier Authorized Dealer and is a subsidiary of EMCOR Group, Inc.
Product overview
Newcomb and Company is a residential HVAC and plumbing service provider offering a portfolio of interconnected services centered on heating, cooling, air quality, and plumbing systems. The core offerings include HVAC Repair & Replacement, Plumbing Services, and HVAC Design and Installation. These are supported by the Comfort Contract maintenance program, Energy Efficiency Services for whole-home solutions, Financing Services through Wells Fargo, and an HVAC Warranty Program. The company also offers specialized services like duct service and iWave air purifiers as add-on products. Services are primarily residential with some commercial capabilities through a separate EMCOR entity.
Differentiator
Problem solved
Functional benefit
Products and services
- HVAC Repair & Replacement Repair and replacement services for residential and light commercial heating and air conditioning systems. Includes 24/7 emergency services, full system diagnostics, capacitor/fuse/contactor replacement, heat exchanger/compressor/evaporator coil service, refrigerant leak repair, and thermostat repair. Targeted at homeowners in North Carolina.
- Plumbing Services Full-service residential plumbing including repair and replacement for water heaters (tankless, gas, electric), toilets, sinks, fixtures, shower repair, frozen pipes, leaking faucets, drain cleaning, garbage disposals, sump pumps, trenchless pipes, and backflow certifications. Available 24/7 for emergencies. Targeted at homeowners in North Carolina.
- HVAC Design and Installation Custom HVAC system design and installation including zoning, ductwork design and installation, load calculations, new construction HVAC, remodels/retrofit, sunroom heating and cooling, light commercial fit-up, and zoning systems. Targeted at homeowners and builders undertaking new construction or remodeling projects.
- Comfort Contract (Comfort Plan) Annual HVAC maintenance agreement providing two visits per year (spring and fall), 15% discount on parts and labor, priority service, manufacturer warranty service, efficiency inspections, and safety checks. Service fee reduced from $149 to $98 for plan members. Targeted at homeowners seeking recurring maintenance and predictable HVAC costs.
- Energy Efficiency Services Energy efficiency and renewable energy services including whole-home energy audits, crawl space sealing, attic insulation and sealing, home sealing services, and geothermal systems. Designed to reduce energy consumption and lower utility bills. Targeted at homeowners seeking measurable energy savings.
- Financing Services HVAC financing options facilitated through Wells Fargo Bank including Carrier Credit Card and Wells Fargo Home Projects credit card. Offers flexible payment plans with approved credit for new HVAC systems, repairs, and installations. Targeted at homeowners who need to spread equipment costs over time.
- HVAC Warranty Program Free 3-year labor warranty on new Carrier HVAC units with options to purchase 5 or 10 year extended warranties. Includes free Google Home Hub with qualifying new HVAC installations. Targeted at homeowners purchasing new Carrier HVAC equipment.
- Duct Service Ductwork services including duct repair, sealing, insulation, cleaning, and full replacement. Addresses issues with improper design, old age, insulation problems, zone dampers, sealing issues, and duct blockage. Targeted at homeowners experiencing airflow or efficiency problems.
- iWave Air Purifiers Needle-point bi-polar ionization air purifiers installed directly into HVAC systems. Provides air cleaning by breaking down particles including pollen and smoke. $250 discount available with purchase of new HVAC unit. Targeted at homeowners seeking improved indoor air quality.
Quantifiable outcome
- Properly sealed homes save 15% on heating and cooling costs
- +3 more outcomes
Companies that use Newcomb and Co.
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Newcomb and Co. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Newcomb and Co. partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core, flagship and minor.
- CarriercoreCarrier Authorized Dealer for nearly 60 years. Newcomb specializes in Carrier HVAC units including air conditioners, furnaces, and heat pumps. The partnership includes exclusive product access, manufacturer warranties (3-year free warranty on new Carrier units), training and certification, and promotional financing through Carrier Credit Card. Newcomb was one of the first AC providers in Raleigh.
- EMCOR Group, Inc.flagshipEMCOR Group, Inc. is the parent company of Newcomb and Company. EMCOR is a major provider of electrical and mechanical construction services and facilities maintenance. The company operates through numerous subsidiaries including Newcomb which serves the residential market, while commercial services are delivered through newcombemcor.com.
- U.S. Green Building CouncilminorNon-profit organization membership supporting sustainable building practices. Listed among partner/member logos on Newcomb website indicating commitment to green building standards and energy efficiency.
- Cary Chamber of Commerce, Wake Forest Chamber, Raleigh ChamberminorActive membership in local chambers of commerce in the service area. Community involvement for local business networking and regional presence. Chambers listed as partner logos indicating formal membership.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
Newcomb and Co. competitors and assessment
Company assessmentBroad incumbents
- EMCOR Group, Inc. Publicly traded parent (NYSE: EME) and the largest U.S. mechanical & electrical construction services firm. Directly comparable as the corporate parent operating Newcomb and its commercial counterpart (newcombemcor.com), with national scale across HVAC, plumbing, and energy services.
- Carrier Global Corporation: Global HVAC manufacturer (NYSE: CARR) and Newcomb's primary equipment partner for nearly 60 years. Comparable as the dominant OEM whose product line, warranty economics, and dealer-program terms directly shape Newcomb's installation and service revenue.
- Trane Technologies: Global HVAC and building-controls manufacturer (NYSE: TT). Comparable as a competing OEM whose dealer network and energy-efficiency product roadmap (heat pumps, variable-speed systems) directly competes for residential replacement and energy-retrofit demand.
- Lennox International Inc. HVAC equipment manufacturer and dealer-network operator (NYSE: LII). Comparable as a competing OEM that supplies competing dealers in the same Triangle/Coastal Carolina footprint as Newcomb.
- Carrier Direct / Carrier Service: Carrier's direct-installation and service arms in select U.S. markets. Comparable as an OEM-controlled channel that competes with authorized dealers like Newcomb and could, with policy changes, redirect service revenue away from independent dealers.
Direct peers
- Comfort Systems USA, Inc. National mechanical and HVAC contracting services firm (NYSE: FIX). Comparable as a publicly traded peer providing commercial and industrial HVAC/mechanical installation, service, and maintenance through a multi-branch operating model similar in structure to Newcomb under EMCOR.
- APi Group Corporation: Publicly traded safety, specialty, and industrial services platform (NYSE: APG). Comparable as a roll-up of mechanical services and HVAC-related businesses that competes for the same end-customers and skilled-trades labor pool.
- One Hour Heating & Air Conditioning: National residential HVAC service franchise with strong presence across the Carolinas. Comparable as a direct competitor in residential HVAC repair, replacement, and maintenance with a similarly heavy local-marketing and emergency-service playbook.
Regional players
- Bowman Mechanical Services: Regional Carolinas-based mechanical/HVAC contractor with overlapping residential, commercial, and industrial service scope to Newcomb. Comparable as a peer operating in the same Southeast service area and competing for the same technician pool.
Others
- Wells Fargo Home Projects (Consumer Financing Partner): Financing partner providing HVAC loan/credit-card products to Newcomb customers. Comparable as an enabling financial-services ecosystem participant whose underwriting appetite and credit-card promotional terms directly affect Newcomb's average ticket and conversion on replacement jobs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Newcomb and Co. social profiles
Digital presenceNewcomb and Co. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Newcomb and Co. leadership team
Management profileNumber of profiles
Profiles6 records
Newcomb and Co. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Newcomb and Co. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Newcomb and Co.
What does Newcomb and Co. do?
Newcomb and Company is a residential HVAC and plumbing service provider that sells, installs, repairs, and maintains heating, cooling, plumbing, and air quality systems for homeowners in North Carolina. Its core offerings include HVAC repair and replacement, plumbing services, custom HVAC design and installation, an annual Comfort Contract maintenance program, energy efficiency services, and financing for new equipment. The company operates as a Carrier Authorized Dealer and is a subsidiary of EMCOR Group, Inc.
Is Newcomb and Co. a public or private company?
Newcomb and Co. is a private company. It is classified as corporate owned and is currently operating.
When was Newcomb and Co. founded?
Newcomb and Co. was founded in 1954. It employs 101 to 250 people.
Where is Newcomb and Co. based?
Newcomb and Co. is headquartered in Raleigh, United States, in the North America region.
How does Newcomb and Co. make money?
Four revenue lines are on record. Service and Repair is the primary driver. The others are new Installation and Replacement, comfort Contracts (Maintenance Agreements) and financing Services.
Who are Newcomb and Co.'s main competitors?
Broad incumbents on record are EMCOR Group, Inc., Carrier Global Corporation, Trane Technologies, Lennox International Inc. and Carrier Direct / Carrier Service. Direct peers are Comfort Systems USA, Inc., APi Group Corporation and One Hour Heating & Air Conditioning. Bowman Mechanical Services is listed as a regional player. Wells Fargo Home Projects (Consumer Financing Partner) is listed as an others.
Does Newcomb and Co. have an API?
No public API is recorded for Newcomb and Co..
What industry is Newcomb and Co. in?
Newcomb and Co.'s product category is HVAC and Plumbing Services. Its primary akta.pro industry code is IMAFALAB, HVAC & Refrigeration Contracting, with a secondary code of HSAOAGAB, HVAC System Replacement & Change-Outs. Its NAICS code is 238220 and its SIC code is 5070.