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According to the new market research report, "Building Automation System [BAS] Market - by Communication Technology, Offering, Application, and Region - Global Forecast To 2022," published by MarketsandMarkets, the overall BAS market was valued at $53.66 billion in 2016 and is expected to reach $99.11 billion by 2022, growing at a compound annual growth rate (CAGR) of 10.73 percent between 2017 and 2022.

Energy Control Technologies Inc. announced its new alliance and partnership with Distech Controls for distribution and promotion of its products, solutions, and services. As an authorized distributor of Distech Controls, Energy Control will provide sales, application engineering, design and configuration, as well as technical support of its products and systems.  

Permira announced that a company backed by the Permira funds has signed a definitive agreement to acquire DiversiTech from an affiliate of The Jordan Co. LP. As part of the transaction, the senior management team led by Jim Prescott, president and CEO, will remain significant owners of the company.

There are many advantages to getting a technical education in the HVAC industry — students learn the science behind heating and cooling systems, how to troubleshoot and correct problems, and what to expect on the jobsite, among other critical lessons. Earning that degree or certification can help those pursuing a career in the HVAC trades stand out from the rest, but educational costs can quickly add up.

Plasma Air Intl. announced the appointment of Staice June as director of business development, gaming and hospitality. In her new role, June is responsible for developing Plasma Air’s business and driving the growth of all product lines within the North American gaming and hospitality markets. 

It’s no secret ecommerce is changing the way we all do business, and distributors are no exception. The new digital economy has created B2B and B2C convergence that puts tremendous pressure on distributors to either find new ways to offset increasing costs or reinvent themselves in some way. Simply put — buyers’ behaviors are changing and distributors need to adapt quickly to fulfil these new needs.

Mitsubishi Electric US, Inc. Cooling & Heating Division (Mitsubishi Electric), held its 2017 Diamond Leadership Conference at the Ritz-Carlton, Dove Mountain in Marana, Arizona, from February 25–28. The annual conference, with a theme of vision, dedication, and success — included nearly 400 distributors, sales reps, and employees who celebrated a successful year as well as new programs, products, and strategies for 2017.