HVAC Commercial Market

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The global HVAC equipment market is expected to expand at a compound annual growth rate (CAGR) of 5.6 percent from 2015 to 2022, exceeding $125 billion by 2022, according to a new market report published by Credence Research Inc.

Nortek Inc. announced the appointment of Bruno Biasiotta as chief operating officer, air management. In this newly appointed role, Biasiotta will report to Nortek's president and chief executive officer, Michael J. Clarke, and assume responsibility for the Residential & Commercial HVAC and Custom & Commercial Air Solutions businesses.

Historical buildings — from those on the local Main Street to world-renowned structures — could be brought from the past into an energy efficient future under a proposed guideline from ASHRAE.

Four U.S. Department of Energy (DOE) national laboratories are joining Oak Ridge National Laboratory (ORNL) to expand an online crowdsourcing community for building technologies called JUMP, which helps bridge the gap between cutting-edge ideas and the marketplace.

LG Electronics USA announced that Thermal Resources Sales Inc. (TRS) has become the latest LG applied rep for the company’s commercial air conditioning business, to drive variable refrigerant flow (VRF) sales and support for the Southeast. 

Advanced Cooling Technologies Inc. (ACT) has announced the launch of its HSC, HPC, and LNC series of sealed enclosure cooling products. ACT said this launch is the first step of its entrance into the sealed enclosure cooling market.

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.