Packard Inc. told its employees on Aug. 25 that it had become the first master distributor in the HVACR industry to adopt an employee stock ownership plan (ESOP). The purpose of an ESOP is to enable eligible employees to share in the growth and prosperity of the company, accumulate capital for their future economic security, and acquire beneficial stock ownership interests in the company.
Many HVACR contractors, manufacturers, and distributors will arrive at the 2017 Service World Expo, taking place Sept. 7-8 at the Mandalay Bay Resort and Casino in Las Vegas, but only super heroes will leave.
Despite being recognized for significantly improving airflow and heat-transfer efficiency levels and lowering the costs associated with HVACR systems, ultraviolet light in the 253.7-nm germicidal C-band wavelength (UV-C) is often misunderstood and, therefore, under-utilized by HVACR contractors, mechanical engineers, and end users.
The EPA estimates the annual emissions reductions from this rule will be approximately 7.3 million metric tons of carbon dioxide equivalent (MMTCO2eq) and 114 ozone-depletion weighted metric tons (ODP tons).
The buildings of tomorrow are chock full of Internet of Things (IoT) devices and equipment that connect tenants, mechanical systems, and facility managers to up-to-the-minute data and progress reports.
According to a new market research report by marketsandmarkets.com, the home automation system market was valued at $39.93 billion in 2016 and is expected to reach $79.57 billion by 2022 at a compound annual growth rate (CAGR) of 11.3 percent during the forecast period.