Articles Tagged with ''global market''

Russia’s invasion of Ukraine touches all aspects of life, including the HVAC business. Many companies have limited their transactions with Russia.

Mitsubishi Electric Corporation announced it will donate €1 million (Euros) to the UNHCR to support humanitarian relief efforts in Ukraine.

The Chemours Company announced it has suspended business with Russian entities in response to the ongoing military conflict and humanitarian crisis.

As a company that operates in Ukraine, as well as in Russia and Belarus, REHAU Group strongly condemns the attack on Ukraine and its people and suspends operations in Russia.

Carrier Global Corporation signed a binding agreement to acquire Toshiba Corporation's ownership stake in Toshiba Carrier Corporation (TCC).

Munters has acquired EDPAC, an Ireland-based manufacturer of data center cooling equipment and air handling systems.

Rheem announced the acquisition of DEJONG, and independent manufacturer and supplier of stainless-steel hot water tanks, from Nordian Capital.

STULZ is expanding its presence across the Benelux region with a new corporate headquarters in the Netherlands.

Tecumseh Products Company announced that Jay Pittas has been appointed CEO and two proven industry leaders have taken new commercial management roles.

simPRO announced that it has secured an investment of over $350 million from K1. They also announced the acquisitions of ClockShark and AroFlo.