United Technologies Corp. announced that its Carrier subsidiary has reached a definitive agreement to acquire Linde AG's Refrigeration Division for approximately $305 million, including estimated debt on closing.
According to statistics from the Heating, Refrigeration & Air Conditioning Institute of Canada (HRAI), in Canada during the fourth quarter of 2003, unit heater shipments continued to increase by 32 percent over the fourth quarter of 2002.
When it comes to making decisions that impact sales performance and profitability, manufacturers and distributors are not on the same page, according to a new study from Industrial Performance Group (IPG) Inc.
According to the American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE), the lack of an accepted standard maintenance practice has made it difficult for building owners and operators to budget for inspection and maintenance of HVAC systems.
Members of the Plumbing-Heating-Cooling Contractors-National Association (PHCC) will address the rising cost of insurance and how it affects their businesses during the organization's March 25 Legislative Day.