While the October 2018 not seasonally adjusted national construction unemployment rate fell 0.9 percent from a year ago to 3.6 percent, the construction industry employed 318,000 more workers nationally compared to October 2017, according to BLS statistics.
The proposed separation is expected to be effected through spin-offs of Otis and Carrier that will be tax-free for UTC shareowners for U.S. federal income tax purposes.
Service Roundtable began the Consultant of the Year award in 2008 to honor the top consultant in the HVAC industry. The award honors top consultants in the industry, as well as the memory of Tom McCart, who was committed to helping contractors grow their businesses.
According to the results of the Dodge Data & Analytics World Green Building Trends 2018 SmartMarket Report, nearly half of survey respondents expect that the majority of their projects in the next three years will be green buildings.
This represents the largest software raise in southern California history, as well as the largest raise for any vertical software company in the world. ServiceTitan is on track to double subscription revenue in 2018, which would mark the fifth year in a row of more than doubling revenue.
For your information news briefs from a wide variety of categories within the HVAC industry. Price increases, mergers and acquisitions, award winners, and more are highlighted here each week.
Former employees who worked on day-one along with current employees and their families who helped reach this tenure milestone participated in an open house event hosted at the Clarksville facility.
The new facility serves as a distribution hub for Grundfos water and wastewater pumps, controls, and related accessories, and offers service and testing to the area.
Darryl Denton and Stephen Lind took home the 2018 Richard C. Schulze Award at the Air Conditioning, Heating and Refrigeration Institute (AHRI) leadership forum in Tucson, Arizona. Both seasoned engineers have made a mark on their respective fields, and both work for Trane®, a brand of Ingersoll Rand.
