RESEARCH TRIANGLE PARK, NC-In an effort to streamline efficiencies and continue on its strong growth path, locally-based BuildNet is reducing its work force by about 20%.

The elimination of overlapping positions in administration, development and consulting results from BuildNet’s acquisition of 10 companies over the past 15 months. The reduction comes at a time when BuildNet anticipates continued growth over the next several years.

For example, BuildNet has contracted with 27 additional national builders to provide business-to-business electronic commerce services. Eighty builders have signed agreements with BuildNet to date.

Cahners Research notes BuildNet’s community is recognized as the Website most visited by contractors in the HVAC/R industry.

Since its launch in July,’s membership, comprised primarily of contractors and subcontractors, has grown 623%. The site now has about 3,000 members of the on-line community. HVAConline also has 56 manufacturers and 165 distributors engaging in e-commerce.

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