HVAC Breaking News

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Watsco Inc., a distributor of HVAC and refrigeration equipment, reported record results for the second quarter and for the six months ended June 30, 2014. Among key performance metrics, revenues increased 4 percent to a record $1.17 billion.

Seven companies announced that they’ve joined forces to form the Thread Group and develop a new IP-based wireless networking protocol for home automation called Thread. Founding members include Nest Labs, Samsung Electronics, Big Ass Fans, Yale Security, Silicon Labs, Freescale® Semiconductor, and ARM.

The Building Performance Institute Inc. (BPI) announced that updates to its BPI-2100-S-2013: Standard for Home Performance-Related Data Transfer (HPXML) and BPI-2200-S-2013: Standard for Home Performance-Related Data Collection have been published and are now available on the BPI website.

The global market for insulation is expected to reach $67.16 billion by 2020, according to a new study by Grand View Research. Expansion in building energy efficient homes especially in the Asia Pacific and Latin American countries coupled with growth in the global construction market is expected to remain a key driving force.

The U.S. Environmental Protection Agency (EPA) announced that it is proposing a rule that would prohibit the use of certain HFC refrigerants that have high global warming potential in select refrigeration applications.

Trimble announced that it showcased two concept apps running on the latest tablet platform of Google’s Project Tango program, an initiative to give mobile devices a human-scale understanding of space and motion. 

The Alliance to Save Energy (ASE) has announced four recipients of its 2014 Star of Energy Efficiency Awards: Nest Labs Inc., MGM Resorts International, National Housing Trust, and Phipps Conservatory & Botanical Gardens.

The Sterling Group, a middle market private equity firm based in Houston, announced that its affiliated investment fund, Sterling Group Partners III L.P., has completed the acquisition of Roberts-Gordon LLC.

The U.S. Department of Energy (DOE) intends to establish a rulemaking working group under the Appliance Standards and Rulemaking Federal Advisory Committee (ASRAC) to negotiate proposed regional energy efficiency standards. Two HVAC professionals have been announced as participants in this group.

National Energy Control Corp. (NECC), a wholesale distributor of commercial and industrial HVAC controls, has announced the availability of its Pneuline Controls® brand PCL500 Universal Pneumatic Calibration Kit.