Boosted by the demand for refrigeration equipment in cold storage and food processing
December 5, 2016
The global HVACR systems market, which stood at a value of $81.1 billion in 2015, is likely to progress at a compound annual growth rate (CAGR) of 5.5 percent between 2016 and 2020, reaching an opportunity worth $130.7 billion by the end of the forecast period, according to a new report by Transparency Market Research (TMR).
LBA Air Conditioning, Heating & Plumbing to use Auguscope technology
November 17, 2016
Augury, a provider of predictive maintenance technology, has announced a customer win in the contracting sector with the addition of LBA Air Conditioning, Heating & Plumbing Inc., an HVAC and plumbing contractor based in Kansas City.
Builds on companies’ expertise in HVAC and building management and control
October 13, 2016
Panasonic Corp. and Schneider Electric announced they are partnering to provide an integrated HVAC equipment and building management solution that brings new levels of HVAC control and energy efficiency to today’s commercial buildings.
The new lab is expected to be completed by the end of 2018
March 8, 2016
AAON Inc., a leading manufacturer of heating and cooling equipment, announced that it has broken ground on a new engineering research and development laboratory at its Tulsa, Oklahoma, manufacturing facility. The three-story 75,000-square-foot facility will be both an acoustical and performance measuring laboratory.
Agreement Includes a 10-Year Strategic Relationship Between the Two Companies
April 6, 2015
Johnson Controls Inc. announced that it has reached a definitive agreement for the sale of its Global WorkPlace Solutions (GWS) business to CBRE Group Inc. for $1.475 billion. Johnson Controls had declared its intention to divest the GWS business in September 2014.