Innovative Refrigeration Systems, a designer, fabricator, and installer of customized turnkey industrial refrigeration systems, announced it will invest $1.6 million and create 100 new jobs over the next three years.
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.
CIMCO Refrigeration Inc., Southern California Edison (SCE), and Mayekawa Manufacturing Co. announced they are collaborating to develop, build, install, and research a new refrigeration system using natural refrigerant alternatives.
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.
Manufacturers of coolers and freezers are emerging from a regulation-driven innovation cycle and are ready and eager to return to one driven by their customers’ wish lists.
Remarks regarding the “It’s All About the BAS” article, as well as the “More Troubleshooting Tips for Spring Tuneups” and “The Value of Remembering the Basic Cycle” articles.
Through a the U.S. Department of Energy (DOE) Small Business Innovation Research (SBIR) grant, Kansas City, Missouri-based QM Power recently commercialized a high-efficiency motor for commercial refrigerators that has the potential to transform the market.
Phononic, a supplier of solid-state cooling and heating technology, announced the latest model introduction to its Evolve™ brand. The 5.5-cubic-foot, medical-grade undercounter refrigerator is designed to safeguard drugs, vaccines, and medical devices with exacting temperature control and embedded monitoring software.
The global commercial refrigeration equipment market was valued at $37.03 billion in 2015 and it is expected to grow to $55.69 billion by 2022, led by the walk-in coolers segment, according to a new report from P&S Market Research.