Global demand for HVAC equipment is forecast to increase at a 4.1 percent yearly rate through 2020 to $122 billion, according to a new study from The Freedonia Group, a Cleveland-based industry research firm.
Contracting seminar shares business optimization strategies in five cities in 2016
June 6, 2016
EGIA — a Sacramento, California-based nonprofit organization created to provide contractors with the knowledge, skills, products, services, tools, and training necessary to build high-growth, profitable businesses — brought its Leadership Academy Conference Tour to five locations throughout the U.S. in early 2016.
Will enable UTC to expand its presence in the heating segment in Europe
June 3, 2016
United Technologies Holdings Italy S.r.l. has completed the acquisition of approximately 70 percent of Riello Group S.p.A., a leading provider of heating products and services. The Riello family will continue to own the balance of the shares of the Italian-based company, which now becomes part of UTC Climate, Controls & Security.
Sales and service divisions of AHI-Carrier, a joint venture, join UTC
June 2, 2016
United Technologies has acquired the commercial HVAC product sales and commercial service divisions of AHI-Carrier (Australia) Pty Ltd, a UTC joint venture in Australia. The newly acquired organization will conduct business as Carrier Australia Pty Ltd.
Mandell brings operational experience with facility services businesses
May 30, 2016
Source Refrigeration & HVAC announced that Andrew Mandell has been named chief operating officer. Source is a leading independent provider of commercial refrigeration and HVAC services in North America, serving supermarket chains, convenience store chains, and telecom companies.
How can you keep your people happy and motivated through the dog days of summer? Some of the best owners in the industry have successfully navigated dozens of busy seasons and offer the following tips.