As the country continues to claw its way out of a recession, a small number of multiemployer pension plans are still teetering on the precipice of insolvency. And, if those pension plans fail, beneficiaries would be forced to rely on the taxpayer-funded federal pension insurance system, the Pension Benefit Guaranty Corp. (PBGC), which could lead to reduced benefits and added uncertainty.
BPI is celebrating its 20th anniversary and the growth is staggering — nearly 40,000 certifications and 200 training centers across all 50 states have established BPI as a major player in the building-performance field.
In addition to saving energy and reducing pollution, New York Gov. Andrew Cuomo hopes the Build Smart NY initiative will also generate thousands of jobs, stimulate the economy, and save the state money in the long run.
Source: Air-Conditioning, Heating, and Refrigeration Institute (AHRI). Industry figures are estimates that are derived from the best available figures supplied by a sample of AHRI member companies.
The Departments of Energy and the Treasury recently announced they will be reallocating more than $150 million in tax credits for investments in manufacturing facilities for clean-energy technologies in Phase II of the 48C Advanced Manufacturing Tax Credit.
The Air Conditioning Contractors of America (ACCA) always places at least one exclamation point squarely on its annual conference and trade show — the CEO Forum.
Designed to force a highly partisan Congress to agree to fiscal matters or face steep cuts, the ripple effects of the sequester may be felt by some in the HVACR industry, though many acknowledge that the degree to which the cuts are felt is yet to be determined.
These days, essentially everybody wants their building to be more efficient. But there are still barriers to achieving high efficiency and constructing a high-performance building.
There are many obstacles contractors face when working on these types of projects, including everything from educating owners to following through on building operation.
For a company that’s been in business 118 years, making upgrades isn’t an option, it’s a necessity. That’s why Butch Welsch, president of Welsch Heating & Cooling Co., St. Louis, always makes sure to stick to one key principle despite the rapidly changing times we live in: First impressions are everything.