Orbcomm to develop system according to Carrier Transicold’s requirements
August 22, 2016
Carrier Transicold announced it will offer a customized telematics solution that will deliver advanced capabilities for its transport refrigeration units (TRUs). The new telematics solution will help fleets manage their refrigerated assets by enabling remote refrigeration unit monitoring and control.
The growing importance of the cold chain was highlighted in June as the Global Cold Chain Alliance (GCCA) for the first time held its expo as a separate entity co-located with the Food Marketing Institute’s (FMI’s) Connect Expo and the United Fresh show.
Refrigeration Battery solution intelligently stores and deploys cooling to reduce peak energy demand
August 18, 2016
Axiom Exergy announced it has raised $2.5 million from investors to assist in scaling its thermal energy storage solution in the grocery store and cold storage facility markets. Using its Refrigeration Battery, Axiom said supermarkets and food distribution centers can reduce their peak energy demand by up to 40 percent.
Primarily driven by rising number of hypermarkets, specialty food stores, and supermarkets across the globe
August 15, 2016
The global commercial refrigeration equipment market was valued at $36.63 billion in 2015, and is expected to generate revenue of $61.44 billion by the end of 2021, growing at a compound annual growth rate (CAGR) of slightly over 9 percent between 2016 and 2021, according to a report from Zion Market Research.
Utility incentives discussed to accelerate adoption of natural refrigerant technologies
August 15, 2016
Utilities representatives and supermarket end-users recently met to develop solutions for incentivizing the use of natural refrigerants in supermarkets and convenience stores. More than 35 participants came together on Aug. 4, at the National Grid corporate offices in Waltham, Massachusetts.
Company said steel material prices have increased significantly over the past several months
August 11, 2016
Worthington Industries announced a price increase on all non-refillable refrigerant cylinders produced at its manufacturing operations. Prices will advance 10 percent effective with shipments starting on Sept. 1, 2016.
The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) today responded to the U.S. Court of Appeals for the Seventh Circuit ruling in favor of the U.S. Department of Energy (DOE) on its lawsuit that challenged DOE’s 2014 efficiency standard for commercial refrigeration equipment.
Has grown to a nationwide company in the cold storage and food processing industry
August 8, 2016
Innovative Refrigeration Systems, a designer, fabricator, and installer of customized turnkey industrial refrigeration systems, announced it will invest $1.6 million and create 100 new jobs over the next three years.
High demand for condensing units from the commercial refrigeration industry
August 8, 2016
The global condensing unit market is forecast to reach $23.31 billion by 2021, growing at a compound annual growth rate (CAGR) of 11.1 percent from 2016 to 2021, according to a report published by MarketsandMarkets.