Technavio analysts forecast the global air source heat pump market to grow at a compound annual growth rate (CAGR) of almost 11 percent during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the global air source heat pump market for 2017-2021.
KeIe Inc. announced the appointment of Richard Campbell as president and chief executive officer. Campbell will assume the responsibilities of outgoing president and CEO, Tim Vargo, who announced his retirement in April.
— Koch Air announced its highly anticipated expansion into Mt. Vernon, Illinois. The new store and warehouse facility opened its doors on June 12 with truck routes starting on June 19. The new store’s official opening will be later in the season during the Fall Showcase event for vendors and customers.
Central air conditioning (CAC) systems and direct expansion (DX) central air conditioning systems are projected to witness 6.7 percent growth in unit shipments and 7.2 percent in shipments value during the 2017-2022 analysis period.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) will be hosting its annual Emerging Leaders Conference as part of its Emerging Leaders program from July 23-25 in Louisville, Kentucky.
The newest version of the Carrier® Côr™ thermostat, enabled to work with Apple’s HomeKit™, is now available for sale through Carrier dealers nationwide. Using the Apple HomeKit, customers can use iOS-enabled devices to easily control their Côr thermostat from anywhere in the world.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) has recognized Sen. Bob Corker, R-Tenn.; Reps. Kyrsten Sinema, D-Ariz.; and Cathy McMorris Rodgers, R-Wash. with the HARDI Small Business Champion Award.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) hosted its annual Congressional Fly-in in Washington, District of Columbia on May 23-24.
Johnstone Supply Inc. announced the achievement of a significant milestone having reached $2 billion in annual sales. The company, founded in 1953, has a long history of growth and leadership in the HVACR industry. In 1981 the company was converted into a member-owned cooperative with 32 locations and annual sales of $28 million. Today, the 102 members of the cooperative operate 410 locations, supported by six regional distribution centers, with annual sales of $2 billion.
Emerson announced the next evolution of its nationally recognized smart thermostat. The new Sensi™ Touch Wi-Fi® Thermostat combines proven smarthome technology with a color touchscreen display and sleek, minimalist appearance that will be at home in any modern living space.