Lennox announces increase in revenue, W.W. Grainger Inc. increases quarterly divident, Transfer Technology Intl. Corp. gets new name, and more HVAC finance news.

It’s time again for the annual Cooling Showcase. The intent is to help contractors prepare for this busy period by doing the research that will help them distinguish between brands.

With building owners and managers looking to wring savings from every square foot of space, manufacturers have introduced a wide array of advanced energy-efficient technologies that are designed to lower utility bills without compromising comfort.

While the efficiency of commercial buildings has improved significantly in recent decades, the building industry has only begun to tap the energy reserves trapped in underperforming facilities.

The event included speakers, new product launches, and a well-attended tradeshow. 

Mitsubishi Electric US Cooling & Heating Division has opened two Mitsubishi Electric Training Centers — in Orlando, Fla., and Chicago — to meet growing demand for service and application training among HVAC contractors and engineers.

Pro-Air Services and its sister company award $2,000 scholarship; Custom Air Products & Services achieves Mitsubishi Electric Cooling & Heating Diamond Contractor status.

Once considered an overseas staple and domestic add-on, ductless HVAC equipment is now pushing the limits of the add-on market and spilling into contractors’ businesses as a primary system option.

Many contractors agree that ductless equipment is bound to increase in popularity. Those that are installing mini-splits are utilizing the option as a way to boost their bottom lines and provide the customer with yet another comfort solution.