Market is projected to expand at an even faster pace in terms of volume
August 1, 2016
The global market for air conditioning systems was pegged at a value of $104.4 billion in 2015 and is projected to rise to $167 billion by the end of 2024, expanding at a 5.1 percent compound annual growth rate (CAGR) from 2016 to 2024, according to a report from Transparency Market Research.
Each portable evaporative cooler unit includes a digital display to control fan speed, oscillation, cooling on-off, low water level, and a 24-hour timer. This cooler is ETL-approved and only uses 110 V and 4 A at 60 Hz.
Will offer an independent alternative solution to the large tonnage market
July 29, 2016
US Chiller Services, provider of repair, maintenance, retrofit, and servicing of large tonnage chillers, has entered into a joint venture with New York-based HVAC specialist, The BP Group, to offer a full range of HVAC services for large tonnage chillers and equipment to an expanded client portfolio in the New York tri-state area.
SPIG will retain its management team and operate as Babcock & Wilcox SPIG
July 26, 2016
Babcock & Wilcox Enterprises Inc. (B&W) announced it has completed its acquisition of SPIG S.p.A., a global provider of custom-engineered cooling systems and services. The acquisition is based on an enterprise value of €155 million, subject to certain adjustments.
Shuangliang provides cooling and heating solutions through recovery of waste heat
July 25, 2016
Enrgistx Inc. announced that it has signed an exclusive agreement to distribute the full product line of Shuangliang Eco-Energy Systems Co. Ltd. in the United States. These products include absorption chillers, heat pumps, air-cooled condensers, and desalination systems.