An investment in innovation came to fruition as Emerson officially introduced its $35 million Helix Innovation Center on April 27. The 40,000-square-foot center, located on the University of Dayton campus, will serve as a commercial building controls and HVAC technology lab.
The Service World Expo announced HVAC industry icons Ron Smith and Matt Michel will share the podium for a special “Legends of the Industry” presentation at the inaugural Service World Expo, to be held at the Tropicana Hotel, Oct. 26-27, 2016, in Las Vegas.
Modern Mechanical has joined forces with One Hour Heating & Air Conditioning® and will eventually be known by the name One Hour Heating & Air Conditioning. Local owners Shawn Mitchell and Pete Danielson will maintain a 100 percent ownership stake in Modern Mechanical.
Daikin announced that its new $417 million HVAC campus nearing completion just outside of northwest Houston has officially been named the Daikin Texas Technology Park.
M-TriGen Inc., a manufacturer of micro-combined cooling, heating, and power generation (MCCHP) equipment, has announced the launch of three new models of its trigeneration products following authorization by Intertek to mark them for ETL standards.
The HVAC industry is not immune to this growing trend for on-demand services. Last year, on-demand behemoth Amazon launched Amazon Home Services, offering 15 million service listings across more than 900 professional services, including HVAC. Amazon joins Home Advisor, Thumbtack, and others offering these types of middlemen services to connect homeowners with contractors.
Dozens of major manufacturers are now offering a variety of training options ranging from short online offerings to extensive on-location training in hopes of making ductless HVAC a worthwhile investment for consumers and contractors.
While VRF technology has had a strong footprint in Japan and Europe for decades, it’s still maturing and gaining widespread acceptance throughout North America. And as the market matures and evolves, manufacturers are enhancing and improving their ductless offerings, including those featuring VRF technology.
The global HVAC rental equipment market is predicted to reach $4.63 billion by 2020, growing at a compound annual growth rate (CAGR) of about 8 percent, according to the latest market study released by Technavio.
At the recent ACCA Conference in Charlotte, North Carolina, The NEWS had the opportunity to speak with three HVAC manufacturing executives about the issues facing the industry.