The price increase reflects economic factors such as rising material costs, as well as market dynamics. The company makes products at competitive prices, maintaining quality and using innovative technology.
Robert Hennessy has been appointed to the role of chief commercial officer in charge of aligning sales strategies across all business units in the Americas, Tim Amburgey has been promoted from regional director of refrigerant sales to vice president of fire protection, Taylor Ferranti has been promoted from regional director of refrigerant sales to vice president of refrigerants, and Jon Stack has been promoted from vice president of carbon projects to vice president of environmental services.
Bob and Tim have had a big day at work — it’s 3:30 in the afternoon, and they are done for the day. They’re having coffee at a local restaurant, talking about their careers when Tim asked a question, “What is a ton of refrigeration, and why is it called a ton?”
Amazon is set to usher in the next generation of “smart” convenience stores with the launch of its Amazon Go concept, replacing traditional checkouts with smart technology. The store concept works by automatically logging purchases to the user’s Amazon account when a product is removed from the shelf.
North America is expected to dominate the market over the forecast period
December 14, 2016
The global commercial refrigeration equipment market is forecast to register a compound annual growth rate (CAGR) of 5 percent over the forecast period of 2016 to 2026, to be valued at $45.9 billion by 2026, according to a report by Persistence Market Research.
The Food Marketing Institute’s (FMI’s) 2016 Energy & Store Development Conference attracted more than 600 attendees and 105 suppliers and featured educational sessions on refrigeration, energy, and store development along with networking opportunities and a manufacturer/retailer exchange.