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Tesco announces joint venture with Tata in India
24 - March - 2014 Tesco has entered into an agreement with Trent Limited, part of the Tata Group, to form a 50:50 joint venture in Trent Hypermarket Limited (THL), which operates the Star Bazaar retail business in India. The UK retailer will invest around £85m in the business. Completion of the deal is subject to the necessary approvals. Once the deal is completed, THL will...
Weger Air Solutions UK acquires Thermal Technology (Sales)
24 - March - 2014 Weger GmbH has been selling its air handling unit ranges in the UK for the past decade through Thermal Technology (Sales) Limited. Now a new company, Weger Air Solutions UK, has acquired the assets of Thermal Technology (Sales) Limited and is planning to increase sales. Weger is a family-owned firm and has been manufacturing air handling units for 36 years. It has three ma...
Dynamic controlled atmosphere for better quality apples
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21/03/2014 Apples are the most consumed fruit in the world, with a production 65-75 million tons worldwide, 9-11 million of which in the EU. Controlling O2 and CO2 levels during storage made it...
Nortek to Acquire Thomas & Betts HVAC Business
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22 March 2014 (Nasdaq, NTK), a manufacturer of air management and other products for residential and commercial applications, announced on March 21 it had signed a definitive agreement to acquir...
Unilever issues first ever green sustainability bond
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19/03/2014 London/Rotterdam, March 19th 2014. Unilever announced today the issuance of the first ever green sustainability bond. The £250,000,000 2% per cent Fixed Rate Notes due 19 December 2018 (th...
BPI Consumer Campaign to Include USA Science & Engineering F
March 21, 2014 Malta, N.Y. -- As part of its consumer outreach, the Building Performance Institute Inc. (BPI) announced that it will participate in the third USA Science & Engineering Festival Expo, April 26-27 in Washington, D.C. The free, family-friendly expo allows kids and adults to participate in more than 3,000 hands-on activities and see more than 100 live stage performances. In all, mo...
DOE Awards $2.2 Million for Solutions That Reduce Costs of S
March 21, 2014 Washington -- The U.S. Department of Energy (DOE) announced $2.2 million for three projects to help lower the costs of solar electricity and increase deployment nationwide. DOE said this funding will help develop technologies and streamline processes to make solar more accessible for residential and commercial applications. As part of the eighth round of the SunShot Incubator...
Patent Granted for Advanced HVAC, Commercial Equipment Diagn
March 21, 2014 Boston -- Powerhouse Dynamics has been awarded a United States patent, US 8,649,987 B2, for remote HVAC and commercial equipment analytics and diagnostics. The patented functionality is a core component of its SiteSage(TM) enterprise energy and asset management system, designed for multi-site operators of small commercial facilities, such as restaurant, convenience store, and specia...
Watch for ContractingBusiness.com Live Tweets from IIAR Conf
March 21, 2014 The International Institute of Ammonia Refrigeration Industrial Refrigeration Conference & Heavy Equipment Show meets in Nashville, TN next week, and ContractingBusiness.com will be there. IIAR is considered one of the top if not the major organization in the US devoted to industrial refrieration. The conference will be held at the Renaissance Nashville Hotel & Convention C...
Termointer Achieves Positive Growth
Termointer, a Brazilian company specialized in heat exchangers, found that 2013 had a positive balance. “The second half of 2013 showed an increase in the order of 10-15%, generating great expectations for 2014. We increased our participation as suppliers for large companies such as Hitachi, Sodramar, Bosch and Ingersoll Rand. We hope to keep up with this year’s growth in order to invest in new ma...