Items Tagged with 'geothermal market'

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Sept. 4, 2013: Efficiency of Geothermal Attracts Nonresidential Users

Geothermal Technology Offers Long-Term Cost Savings
September 4, 2013
With heating and cooling accounting for 40 to 50 percent of power consumption in nonresidential buildings, it highlights the need to increase energy efficiency in these buildings, and geothermal heating and cooling may hold the key, according to a new analysis from Frost & Sullivan.


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Growth Spurt Expected for Geothermal

July 23, 2012
Geothermal heat pump (GHP) sales have grown steadily in recent years, but manufacturers estimate that GHP installations account for only about 1 to 2 percent of the total market. As the economy improves, some industry experts predict sales of GHPs will command a far larger share of the market by 2016.


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June 13, 2012: Modine Agrees to Acquire Geofinity Manufacturing

June 13, 2012
Modine Manufacturing Co. announced that it has signed a definitive asset purchase agreement to acquire privately-held Geofinity Manufacturing of Surrey, British Columbia. Modine said this acquisition will provide it with a full line of geothermal heat pumps in both water-to-water and water-to-air models.


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2014 MCAA Annual Convention

Scenes from the 2014 MCAA Annual Convention in Scottsdale, Ariz.

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Kyle Gargaro, editor-in-chief of The NEWS, hosted the 2014 ACCA CEO Forum. At the event, six well-known, highly respected company executives, Gary Michel, Ingersoll Rand/Trane; Chris Nelson, Carrier Corp.; Chris Peel, Rheem Mfg. Co.; Rod Rushing, Johnson Controls; Brent Schroeder, Emerson Climate Technologies; and Doug Young, Lennox; provided individual industry outlooks and fielded questions directly from attending contractors. Listen to the entire event on the NEWSMakers podcast. Posted on April 14.

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