2014 was an interesting year for our industry. How many people had heard of a Polar Vortex? While I wasn’t too excited about shoveling all that snow, being in the furnace business made the winter a little more bearable.
MacroAir Technologies Inc. appoints new sales managers; The Sterling Group renames its portfolio of HVAC manufacturing companies; more HVAC manufacturer news briefs.
Johnson Controls Will Obtain a 60 Percent Ownership Stake in Hitachi Appliances’ Global Air Conditioning Business
January 23, 2015
Johnson Controls, Hitachi Ltd., and Hitachi Appliances Inc. have entered into a definitive agreement for a global joint venture while at the World Economic Forum in Davos, Switzerland. The companies said the new joint venture will allow them to deliver one of the most diverse technology portfolios in the HVACR industry.
Will Include One of the Largest and Most Technologically Advanced HVAC Manufacturing Facilities in the Country
January 19, 2015
Daikin Industries Ltd. announced that its board members have approved an expansion plan for its Goodman operations in the United States. Over the next several years, Daikin will be building a new state-of-the-art business campus that consolidates the current manufacturing and logistics operations to a location outside of Houston.
Strategic Acquisition Said to Create New Opportunities in the European HVAC Segment
January 15, 2015
UTC Building & Industrial Systems, of which Carrier is a unit, has completed its acquisition of CIAT, a France-based HVAC company. UTC Building & Industrial Systems is a unit of United Technologies Corp.