North American Market Will Revive During 2013, See More Substantial Growth During 2014
June 17, 2013
As energy costs, pressure on energy resources, and restrictions on greenhouse gas emissions continue to increase, strong global, national, and local pressure is driving the market for higher-efficiency commercial building HVAC systems, states a new report from Navigant Research.
3M, through its New Ventures business, announced that it has invested in 7AC Technologies Inc., a Woburn, Mass.-based developer of high-efficiency commercial HVAC systems that use liquid desiccant technology to remove humidity from the air. The terms of the transaction were not disclosed.