Syntac to continue operations as Shurtape Specialty Coating LLC
March 2, 2017
Shurtape is a fifth-generation, family owned, global business that delivers tape solutions to the packaging, building and construction, DIY, HVAC, industrial, maintenance, repair and operations (MRO), arts and entertainment, and transportation industries. Syntac was established in 2001 and designs high performance industrial adhesive and tape products for automotive, medical, construction, graphic arts, sound control, and product assembly applications.
Expanding presence in Dallas and Fort Worth markets
February 15, 2017
The Wrench Group, a home maintenance and repair company specializing in heating, ventilation, air conditioning, plumbing, and electrical services, announced the acquisition of Baker Brothers in a deal aimed at expanding its presence in the Dallas market.
Gary was an icon in the industry and a family man at heart
January 27, 2017
The Air Movement and Control Association Intl. Inc. (AMCA Intl.) is sad to announce the passing of Gary Benson, retired president of Mechanovent Corp., who received the 2013 Distinguished Service Award.
Kloster comes to The Whalen Co. with over three decades in the HVAC industry
January 11, 2017
The Whalen Co. announced the hiring of Dennis Kloster to the role of vice president of operations. In his new role, Kloster will be optimizing the existing manufacturing operations and working with Tony Landers, vice president of sales and marketing, to streamline the internal processes from the initial sale to shipping.
Goettl Air Conditioning recently merged with Las Vegas Air and Paradise Air, adding more than 20 employees and 15 trucks. Las Vegas Air primarily serves residential customers while Paradise Air services the multi-family and rental home market.
The market for HVAC equipment is highly mature and is expected to exhibit modest growth
May 2, 2016
The global HVAC equipment market is expected to expand at a compound annual growth rate (CAGR) of 5.6 percent from 2015 to 2022, exceeding $125 billion by 2022, according to a new market report published by Credence Research Inc.
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.
Demand for energy-efficient systems produces gains
January 11, 2016
Analysis from Frost & Sullivan finds that the global HVAC equipment market earned revenues of $80.67 billion in 2014 and estimates this to reach $108.93 billion in 2020, despite the market’s maturity. The study covers unitary equipment, applied equipment, chillers, heat pumps, and ductless systems.