Industry spent more than $255 million in 2015 toward its 10-year, $5 billion pledge
October 15, 2015
At a White House Industry Leader Roundtable today, the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) provided a progress report on its 2014 pledge to invest $5 billion in research over the next 10 years for new refrigerants and HVACR equipment to support energy efficiency.
When the comfort equipment stops working, it’s time to call the heating and cooling guy. As a contractor, it’s your job to educate customers on the roots of their problems and inform them how a whole-house approach is most beneficial.
Johnson Controls is buying 60 percent of that business and creating a joint venture with Hitachi Appliances retaining ownership of the remaining 40 percent. The new business is valued at around $2.8 billion.
Since originating out of Robnett’s parents’ home, Home Energy Experts has grown to 15 employees with 10 fleet vehicles. Additionally, the company’s 2014 revenue increased 19 percent over its 2013 revenue.
Boosting insulation could cut electricity use by about 5 percent and natural gas use by more than 10 percent
October 9, 2015
Based on new research, the North American Insulation Manufacturers Association (NAIMA) estimates that roughly 90 percent of existing U.S. homes are under-insulated, wasting HVAC energy use, money, and decreasing comfort for homeowners.
The variable refrigerant flow (VRF) market in the U.S. just got a bit more interesting. Johnson Controls, Hitachi, Ltd., and Hitachi Appliances announced the companies have completed their global joint venture agreement and will immediately begin operations of Johnson Controls-Hitachi Air Conditioning.