From building automation systems, chillers, compressors, temperature control valves, and more, here’s a look at some of the equipment commercial contractors working in this sector may want to consider.
Traditionally, the approach of winter means a rise in fuel prices along with a steep drop in temperatures, but this year is looking to defy those expectations. Heating oil prices have fallen in several states. According to the U.S. Energy Information Association (EIA), those price drops are the beginning of a long-term trend rather than a short-term reprieve.
Leading manufacturers are creating and following trends at a pace even Vin Diesel would struggle to keep up with while also crafting products that showcase the innovation present all over the marketplace.
Manufacturers are finding unique ways to advance the technology in this segment of the HVAC industry while also being consumer-conscious and ensuring the first-cost barrier that has restricted the market’s growth in the past is chipped away.
At a time when there are so many new possibilities for water-based heating and cooling — and with a giant helping of new technology at every facet of the playing field — we’re losing the very essence of what’s needed most: a new generation of energetic, inspired young trade pros.
Company invests $250 million in Appliance Park manufacturing facility
October 26, 2015
GE Appliances recently announced it’s bringing air conditioning production back to the U.S. as part of a $250 million investment the company is making over a three-year period at its Appliance Park manufacturing location in Louisville, Kentucky.
HVACR industry leaders and White House officials gathered today at the Eisenhower Executive Office Building in Washington, District of Columbia, to reaffirm their 2014 pledge to invest $5 billion over 10 years in the research, development, and commercialization of low-GWP (global warming potential) refrigerants.
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.