Distribution Trends

RSS

With the opening of a brand new Application Development Center (ADC) in Tallahassee, Florida, Danfoss now has four Cooling ADCs where OEMs and Danfoss engineers collaborate in a test environment to create innovative cooling solutions for the future.

Mestek’s Distributor Products Group announced several organizational changes.

Winsupply Inc. announced it has purchased Electrical Sales Inc., Vista, California. Terms of the purchase were not disclosed.

Ingersoll-Rand plc announced it has completed the acquisition of Thermocold Costruzioni S.r.l. The transaction closed on April 1, 2017.

Venstar® announced that it has signed an exclusive agreement with Insco Distributing Inc. of San Antonio, Texas, for the distribution of Venstar HVAC control products throughout Texas and Oklahoma City.

According to a new market research report, "The Thermal Energy Storage Market, By Technology, Storage Material, Application, End-User, and Region - Global Forecast To 2022," published by MarketsandMarkets, the market is expected to grow from an estimated $3.67 billion in 2017 to $6.20 billion by 2022, registering a compound annual growth rate (CAGR) of 11 percent from 2017 to 2022.

2017 marks the fourth consecutive year that York and Building Homes for Heroes have worked together. Through its sponsorship of the Building Homes for Heroes program, Johnson Controls, along with York distributors and independent contractors nationwide, has donated quality heating and cooling systems, including installation, labor, and on-going maintenance, to over 40 military families since 2014.

The Building Services Research and Information Association (BSRIA) is forecasting a total global growth of 20 percent in the smart home/light commercial market in 2017, with the largest growth being predicted for the UK market with a growth rate of 29 percent. The new study published in January 2017 segments the market into stand-alone products and whole home products; it also analyzes the value of system integration (value add) and service and maintenance.

Carrier recently announced the latest dealers to be inducted into its prestigious Dealer Hall of Fame at the 2017 Carrier Factory Authorized Dealer National Meeting in New Orleans.