Daikin Industries Ltd., through its subsidiary American Air Filter Co. Inc., has announced the acquisition of U.S. air filter manufacturer Flanders Holdings LLC, Washington, North Carolina. The acquisition price is $430 million.
Panasonic Canada Inc. announced the launch of its Home + Building Solutions division, which will offer a wide range of products designed to meet the needs of the Canadian home building and renovation industry.
The Air Movement and Control Association (AMCA) International announced it has opened a new online store for its members and the public. The AMCA Store can be accessed at www.amca.org/store.
Consumers who integrated WeatherBug Home’s HVAC control and optimization capabilities with their connected thermostat saved 16.5 percent when cooling their home as compared to 5.1 percent HVAC savings using a connected thermostat –– saving 11.4 percent more in HVAC energy use — according to results from a pilot study.
The Taco Group announced it has completed its acquisition of Askoll® SEI SrL of Sandrigo, Italy. Askoll SEI, a manufacturer of advanced technology pumps for use in indoor heating, was formerly a subsidiary of Askoll Holding SrL.
Comfort Systems USA Inc., a leading provider of commercial, industrial, and institutional HVAC services, announced it has acquired the ShoffnerKalthoff family of companies, which includes ShoffnerKalthoff Mechanical Electrical Service Inc., Shoffner Mechanical Services Inc., and SKMES Inc., headquartered in Knoxville, Tennessee.
A report on the global industrial refrigeration systems market from Technavio provides an analysis of the most important trends expected to impact the market outlook through 2020. The firm defines an emerging trend as a factor that has the potential to significantly affect the market and contribute to its growth or decline.
BACnet International announced the results of its board of directors elections. The new board is comprised of eight industry executives who will continue to focus on expanding the successful use of the BACnet building automation protocol.
HTS, one of the largest independent commercial HVAC manufacturers’ representatives in North America, aims to continue its growth with a goal to double its revenue in Texas by 2020. The company plans to grow its Texas revenues by 2020 to reach $330 million in just 19 years of operation.
The global heat exchangers market was valued at $14.1 billion in 2014, and it is forecast to grow at a compound annual growth rate (CAGR) of 6.5 percent from 2015 to 2020, according to a report from P&S Market Research.