Heat pump market to remain largest segment in terms of value
July 20, 2015
Lucintel forecasts that the U.S. HVAC equipment market is expected to depict a high growth during 2015-2020. The heat pump market will remain the largest segment in terms of value during the forecast period.
HFC emissions in the US are expected to nearly double by 2020 and triple by 2030
July 20, 2015
EPA estimates this final rule will reduce greenhouse gas emissions of 54-64 million metric tons of carbon dioxide equivalent in 2025, equal to the carbon dioxide emissions from the annual energy use of more than 5.8 million homes.
Memorandum vows to promote, support the use of Standard 90.1 and other relevant standards
July 20, 2015
The agreement furthers their long-term relationship by working cooperatively to improve the efficient use of energy, improve the visible and widespread use of renewable energy sources, and minimize the impact of energy use on the environment.
The bills would ensure that industrial energy efficiency technologies are treated in a manner that is on par with other renewables covered by the investment tax credit.
Gift will support the families of US service members and wounded warriors
July 13, 2015
Operation Homefront assists military families during difficult financial times by providing assistance, auto and home repair, vision care, travel and transportation, moving assistance, essential home items, and financial assistance.
Manufacturer expands operations in Greenwood, Mississippi
July 6, 2015
Milwaukee Electric Tool Corp. recently announced an expansion of its operations in Greenwood, Mississippi. This represents a $35 million investment in Milwaukee Tool’s U.S. manufacturing operations over the last four years.
Market share projected to reach about 40.4 percent by 2020
July 6, 2015
U.S. market share dropped to about 48 percent in 2014, reflecting a downward trend projected to reach about 40.4 percent by 2020. Meanwhile, the European and Asia-Pacific markets should see market share gains.