Uponor North America is expanding its manufacturing facility in Apple Valley, Minnesota, with completion expected by January 2018. The $17.4 million investment will be used toward the expansion of an additional 58,000 square feet to increase manufacturing capacity to meet customer demand. This is the 10th expansion since Uponor began operations in Apple Valley in 1990. The most recent expansion took place in 2016 when the company invested $18 million and added 88,000 square feet to its manufacturing facility.
Daikin North America LLC announced the launch of BIM portal, a web-portal selector of Revit and CAD files for Daikin brand products, including VRV, Sky-Air, single- and multi-zone systems, rooftop units, and light commercial split systems. This database-driven, web-based selector enhances the customer experience by generating Revit files and CAD drawings on the fly.
According to the “Heating Equipment Market in the U.S.” study from The Freedonia Group, forced-air heating is the preferred comfort delivery method in the U.S. Of those, warm-air furnaces comprise the vast majority of the overall demand with 64 percent of the total value of sales in 2016.
The Whalen Co. was commended for making a difference in the Talbot County (Maryland) community at the Talbot County Business Appreciation Breakfast. This year’s Business Appreciation Breakfast awards reflected a community impact theme and the many ways that a company can impact a community through work.
The company has been contributing to the College of Southern Nevada for years
May 25, 2017
Goettl Air Conditioning donated $2,200 worth of professional tools to U.S. veterans who recently graduated from the College of Southern Nevada Air Conditioning Technology Program. The tools of the trade will help them start their careers in the industry.
Bitzer is warning users against imitation oils. In Vietnam and Korea, counterfeiters partly disguised their imitations with the logo and name of the specialist for refrigeration compressors. These forgeries can lead to compressor breakdown, in contrast to the use of Bitzer original refrigeration oils.
Microf LLC, a provider of residential lease-to-own products for the HVAC industry, raised $96.7 million in growth capital. The combined debt and equity raise is funded through a new $40 million committed senior debt facility provided by Atalaya Capital Management with an additional $40 million accordion feature; a new $10 million senior debt facility provided by Microf’s existing lender, BrandBank; and $6.67 million in equity provided by current equity investors.
The city of St. Clair Shores is officially the first city in Michigan to take advantage of a law introduced in July 2016 that allows local governments to make facility improvements leveraging flexible financing programs that are not considered debt. Through the Tax-Exempt Lease Purchase (TELP) program, St. Clair Shores will partner with Johnson Controls on city-wide upgrades, including HVAC, building automation, lighting, and water improvements.