Efficiency investments are projected to generate more than a quarter million new hires in 2016
July 13, 2016
Energy efficiency is driving innovation in policies, practices, and technologies, and with that is becoming much more significant to our economy, noted speakers at the 2016 Energy Efficiency Forum, held at the National Press Club in Washington, District of Columbia, cosponsored by Johnson Controls and the U.S. Energy Association.
New report is first comprehensive energy analysis of data centers in nearly 10 years
July 12, 2016
As the number of data centers continues to increase in the United States, the good news is that they are becoming much more energy efficient, according to a new report from the U.S. Department of Energy’s (DOE’s) Lawrence Berkeley National Laboratory (Berkeley Lab).
Driven by rising growth of the construction industry coupled with increasing demand for HVAC systems
July 12, 2016
The global HVAC insulation market is forecast to grow from $3.30 billion in 2015 to $5.29 billion by 2021, increasing at a compound annual growth rate (CAGR) of 8.20 percent, according to a new report published by MarketsandMarkets.
Advancements in technology have extended the life cycle of virtually every product in the industry while at the same time are creating a need to replace equipment more frequently in order to take advantage of the most efficient offerings in the marketplace.
While there are pros and cons to offering extended warranties, most contractors agree offering this added assurance differentiates themselves from their competition and makes them that much more valuable to customers.
And, when it’s time to hit the books, HVAC distributors can be a great resource, as many offer specific product training from their vendors as well as general HVAC skills, troubleshooting, and even some business management courses for their contractor dealers.
Once largely dismissed by the education community, there is no doubt that online learning is becoming more mainstream across the U.S. To meet the growing demand for online training, many organizations have been expanding their online training libraries.
I was thinking about how we’ve grown so used to central heating and, with the exception of an occasional cleaning, pretty much ignore our boilers and heating systems when the weather gets hot and sticky. I wondered if it had always been this way...
Residential momentum continues, commercial is stable
July 11, 2016
The U.S. residential HVAC market is forecast to see significant growth due to lower unemployment and gas prices, coupled with higher consumer confidence and pent-up demand. The commercial HVAC market is expected to see more steady growth.
Purchase price represents a premium of approximately 38 percent to Nortek’s closing price on July 5
July 7, 2016
Nortek Inc., a global diversified company whose offerings include heating and cooling products, ventilation products, and more, announced that it has signed an agreement and plan of merger with Melrose Industries PLC, a UK listed public company, to be acquired by Melrose for $86 per share in cash.