Food service segment had over 32 percent of the revenue share in 2015 and is projected to see significant growth
October 10, 2016
The global commercial refrigeration equipment market is expected to reach $52.52 billion by 2024, according to a new report by Grand View Research Inc. The growing number of hypermarkets and supermarkets in developing regions has increased the demand for energy efficient equipment in the recent years.
Embraco’s EMC Compressor is a highly innovative compressor that uses natural refrigerant R-290. It is one of the world’s most efficient single-speed compressors, consuming up to 30% less energy than traditional compressors currently sold in the U.S.
RSI is a leading provider of commercial refrigeration installation and maintenance services
September 23, 2016
Source Refrigeration & HVAC announced that it has partnered with management to acquire Refrigeration Solutions Inc. and Advanced Refrigeration Systems (together, RSI). Terms of the transaction were not disclosed.
Expands IFS Mid-Missouri’s commercial refrigeration system sales, installation, and service
August 26, 2016
Integrated Facility Services (IFS), a full-service mechanical contractor with offices in St. Louis and Columbia, Missouri, announced it has acquired Wally’s Refrigeration, Lake of the Ozarks, Missouri.
The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) today responded to the U.S. Court of Appeals for the Seventh Circuit ruling in favor of the U.S. Department of Energy (DOE) on its lawsuit that challenged DOE’s 2014 efficiency standard for commercial refrigeration equipment.
High demand for condensing units from the commercial refrigeration industry
August 8, 2016
The global condensing unit market is forecast to reach $23.31 billion by 2021, growing at a compound annual growth rate (CAGR) of 11.1 percent from 2016 to 2021, according to a report published by MarketsandMarkets.
Other driving forces include rise in trade of frozen food and seafood products, need to reduce food waste
July 22, 2016
The global refrigerated warehouse market is projected to record a compound annual growth rate (CAGR) of more than 14 percent to 2020, driven by the rise of end-to-end integrated services, according to the latest research report released by Technavio.
Intermatic Inc. has announced a new temperature-initiated adaptive defrost control solution that the company said reduces defrost cycles by 40 percent or more per day in commercial walk-in coolers and freezers.