Transaction is expected to close in the fourth quarter of 2016
August 25, 2016
Xylem Inc., a leading global water technology company, announced that it has signed a definitive agreement to acquire Sensus for approximately $1.7 billion in cash. Sensus is a provider of smart meters, network technologies, and advanced data analytics services for the water, electric, and gas industries.
North America is the largest market in building thermal insulation
August 25, 2016
The global building thermal insulation market was valued at $22.73 billion in 2015 and is projected to reach $28.39 billion by 2021, increasing at a compound annual growth rate (CAGR) of 3.5 percent between 2016 and 2021, according to a report published by MarketsandMarkets.
Building managers can now track energy, water, greenhouse gas emissions, and waste together
August 24, 2016
The U.S. Environmental Protection Agency (EPA) has introduced a waste and materials tracking feature in its Energy Star Portfolio Manager, which is a free benchmarking and tracking tool for commercial building owners and managers.
Emergence of smart technology will be a key trend for market growth
August 24, 2016
The global commercial air conditioning market is forecast to grow at a compound annual growth rate (CAGR) of 8.98 percent during the period of 2016 to 2020, according to a research report from ReportsnReports.
It is no secret the HVACR industry is an older crowd. However, young talent needs to be coming through the ranks in order to secure a positive future. The NEWS wanted to highlight the industry's young talent with a list of the top 40 HVAC professionals under 40 years of age.
A new credential — the Energy Management Professional (EMP) certification from Energy Management Association (EMA) — is training individuals to balance the goals of energy conservation and building performance, which, according to Andrew Heitman of Building Energy Sciences LLC, Pensacola, Florida, keeps customers happy.
Energy efficiency is driving innovation in policies, practices, and technologies and is becoming much more significant to our economy, noted speakers at the 2016 Energy Efficiency Forum, held June 23 at the National Press Club in Washington, District of Columbia, cosponsored by Johnson Controls Inc. and the U.S. Energy Association.
Market being driven by factors such as increased electricity costs, growing awareness of energy-efficient products
August 22, 2016
The scroll and absorption chillers market is forecast to grow from $5.61 billion in 2015 to $7.13 billion by 2022, increasing at a compound annual growth rate (CAGR) of 4.1 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.
In case contractors thought differently, potential customers do visit their About Us pages. In fact, it’s usually one of the 10 most visited pages on a contracting website. The About Us page is the best place to talk about years of experience, certifications, awards, and things like company values.
Acquisition allows for North American expansion of drying and dehumidification services
August 19, 2016
Power generation and HVAC specialty rental company, Aggreko plc, has acquired Dryco LLC of Chicago for an undisclosed amount. Dryco specializes in moisture control, drying, heating, and cooling applications within the shipping, manufacturing, food processing, construction, and industrial painting industries.