JARN News
Belimo Achieves Impressive Double-digit Sales Growth in 2022
In a demanding market environment, the Group posted net sales of CHF 846.9 million (about US$ 917.9 million), 11.9% ahead of last year in local currencies and 10.7% in Swiss francs. Robust supply chain performance was a key success factor contributing to this strong result. The Group was able to exceed its five-year sales revenue growth average, compound annual growth rate (CAGR) from 2016 to 2021...
Johnson Controls-Hitachi Air Conditioning Launches air365 Ma
On January 19, 2023, Johnson Controls-Hitachi Air Conditioning announced the release of the air365 Max designed with seamless comfort, energy efficiency, and easily workable features. The air365 Max i...
Scientists Invent New Method of Refrigeration
Ionocaloric cooling is the name given to a new method of refrigeration developed by scientists at the Lawrence Berkeley National Laboratory and published in the journal Science. Ionocaloric cooling uses salt made with iodine and sodium as well as the organic solvent ethylene carbonate, which is used in lithium-ion batteries, to drive the refrigeration cycle. Like other caloric cycles used for refr...
Lennox and Rheem Recognized in 2022 Good Design Awards
The 2022 Good Design Awards were recently announced, with both Lennox and Rheem taking home awards for heat pump products in the Building Materials Category and Rheem also earning recognition in the I...
Carrier Launches New Air-cooled Chiller
On January 10, Carrier introduced its new AquaSnap 30RC air-cooled scroll chiller featuring high efficiency and advanced features. The chiller uses R32 or R410A refrigerant and offers an integrated pa...
Ingersoll Rand Acquires SPX Flow’s Air Treatment Business
On January 3, Ingersoll Rand announced that it had completed the acquisition of SPX Flow’s Air Treatment business, valued at approximately US$ 525 million, in an allcash transaction. The business has approximately 500 employees and announced a revenue forecast of US$ 180 million in 2022, of which roughly half was from aftermarket sales. It is now part of Ingersoll Rand’s Industrial Tec...
A-Gas Celebrates 30 Years of Operation
The year 2023 is a milestone for A-Gas, as it sees the company celebrate 30 years of operation. From the refrigerant in the refrigerators and freezers at the local supermarket to the air conditioni...
Emerson Joins Eurovent Middle East
Emerson has joined Eurovent Middle East. The company becomes the newest addition to a growing group of industry players supporting joint initiatives in the fields of regulatory development, education,...
Carrier Makes Donation to the European Food Banks Federation
March 7, 2023 Carrier Makes Donation to the European Food Banks Federation to Help Reduce Food Insecurity in Europe Carrier has donated approximately €35,000 to the European Food ...
Daikin Acquires Williams, a Distribution Powerhouse for HVAC
On January 3, 2023, Daikin Comfort Technologies North America announced that the company has acquired Williams Distributing, a distribution powerhouse for HVAC, equipment and residential building products in the Great Lakes region, the United States. With Williams’ territory covering a significant portion of the Midwest, this strategic acquisition supports Daikin’s vision to expand the...
