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.
Part of Governor’s ‘Fighting for Florida’s Future’ tour
May 23, 2017
Florida Gov. Rick Scott visited RGF Environmental Group Inc. during his “Fighting for Florida’s Future” tour. A global manufacturer headquartered in Riviera Beach, Florida, RGF has created more than 50 new jobs over the past four years, currently employs more than 130 Floridians, and is actively seeking new hires to fill 25 new work stations.
ClearSign Combustion Corp., a provider of industrial combustion technologies that help to reduce emissions and improve efficiency, announced it has a memorandum of understanding (MOU) with one of China’s largest providers of residential and commercial heating services to run a pilot test with the goal of demonstrating ClearSign’s Duplex technology as a candidate to achieve low emissions levels in the company’s boilers.