Articles Tagged with ''Commercial refrigeration''

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.

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.

HVAC giant Daikin is ramping up its offering to customers, as it prepares to integrate its purchase of Italian refrigeration group Zanotti for €98 million. The €1.85 billion firm is looking to offer customers an integrated approach which it believes rivals cannot match. 

Source Refrigeration & HVAC announced that Andrew Mandell has been named chief operating officer. Source is a leading independent provider of commercial refrigeration and HVAC services in North America, serving supermarket chains, convenience store chains, and telecom companies.

The global industrial refrigeration equipment market was valued at $24 billion in 2015 and is expected to generate revenue of $36.25 billion by the end of 2021, growing at a compound annual growth rate (CAGR) of slightly above 7 percent between 2016 and 2021, according to a new report published by Zion Research.

The global commercial refrigeration equipment market is forecast to reach $41.5 billion by 2022, with increasing demand for frozen foods and changing food consumption habits, according to a new market report published by Credence Research Inc.

Lime Energy Co. announced it has been awarded a three-year contract with an expected value of $9 million to implement a Small Business Direct Install (SBDI) program for Oncor Electric Delivery Co. Oncor will provide roughly $1.57 million in annual incentives for eligible customers to improve energy efficiency in their businesses.

Daikin Industries Ltd., through its subsidiary Daikin Europe N.V., announced it will acquire Zanotti S.p.A., an Italian manufacturer of commercial refrigerators and freezers. The acquisition price is 98 million euros (12.3 billion yen) for which Daikin will obtain all company shares.