NewsFYI

FYI: News Briefs in HVAC - June 14, 2021

For your information news briefs from a wide variety of categories within the HVAC industry. Price increases, mergers and acquisitions, award winners, and more are highlighted here each week.

PRICE INCREASES

WaterFurnace (Fort Wayne, Indiana) will be implementing a 4.75% price increase across all commercial and residential product lines, effective June 28, 2021. This increase is directly tied to increased supply chain costs and commodity inflationary pressures.

MANUFACTURERS

Huntsman Building Solutions (The Woodlands, Texas) has completed a major expansion and enhancement to its Arlington, Texas, manufacturing campus.

Diversified CPC International (Channahon, Illinois) named David Burks chief operating officer.

Chris Karssiens

Hoshizaki America Inc. (Peachtree City, Georgia) formally appointed Chris Karssiens as president. He has served as interim president since March 25 and senior vice president of sales & marketing prior to that.

Mike Corbo

Mitsubishi Electric US Inc. (Cypress, California) announced that Mike Corbo will assume the role of president and CEO of the company.

Glen Bolger

The ECCO Group (Boise, Idaho) created the ECCO Operations Department and named Glen Bolger as vice president of operations.

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Dandelion Energy (Peekskill, New York) is expanding sales and service to Vermont.

Johnson Controls’ (Glendale, Wisconsin) York YZ Magnetic Bearing Centrifugal Chiller won a 2021 CRH Innovation Award at the 2021 China Refrigeration Exhibition at Shanghai New International Expo Center.

Resolute Industrial Holdings LLC (Indianapolis) has acquired All American Portable Air (Sanford, Florida), which will operate under Resolute’s rental division, Mobile Air & Power Rentals.

MSA Safety Incorporated (Cranberry Township, Pennsylvania) has entered into a definitive agreement to acquire Bacharach Inc. (New Kensington, Pennsylvania) and its affiliated companies from FFL Partners in a transaction valued at $337 million.