HVAC Residential Market

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Lennox announces increase in revenue, W.W. Grainger Inc. increases quarterly divident, Transfer Technology Intl. Corp. gets new name, and more HVAC finance news.

While contractors are admittedly embracing this temporary sense of certainty, they’re still left with more questions than answers.

Mitsubishi Electric US Cooling & Heating Division has opened two Mitsubishi Electric Training Centers — in Orlando, Fla., and Chicago — to meet growing demand for service and application training among HVAC contractors and engineers.

Once considered an overseas staple and domestic add-on, ductless HVAC equipment is now pushing the limits of the add-on market and spilling into contractors’ businesses as a primary system option.

Many contractors agree that ductless equipment is bound to increase in popularity. Those that are installing mini-splits are utilizing the option as a way to boost their bottom lines and provide the customer with yet another comfort solution.

The company, which was divested by Lennox Intl. Inc. on March 22, was acquired by American Capital Ltd., a private equity firm and global asset manager.

Most people schedule a preseason tune-up for their air conditioning system before the hot weather starts. If they did the same for their furnaces before the heating season, this complaint could be prevented. 

Ductless distributors, from Hawaii to the mainland, are finding value in supplying and supporting ductless equipment. 

Industry figures are estimates that are derived from the best available figures supplied by a sample of AHRI member companies.

A full line of Type-B gas vents is designed for quick installation on any residential job.