USA
ABC Predicts Continued US Construction Growth in 2016
December 22, 2015 WASHINGTON - Associated Builders and Contractors (ABC) forecasts a continued steady economic recovery for the U.S. commercial and industrial construction industries in 2016. Despite a weak global economy, the industry’s solid economic recovery in 2015 should continue in 2016, led by strong consumer spending. “As the mid-phase of the economic recovery continues, ABC forecas...
Panasonic to buy Hussmann for $1.2bn
December 21, 2015 JAPAN/USA: Panasonic is said to have agreed to buy a majority stake in US display case and refrigeration systems manufacturer Hussmann for $1.2bn. Unconfirmed reports say that...
IR to receive $400m for Hussmann shares
December 21, 2015 IRELAND: Ingersoll Rand has confirmed that it expects to receive $400m for selling its minority interest in Hussmann to Panasonic. Ingersoll Rand, whose brands include air con...
A-Gas increases ODS destruction capability
December 21, 2015 USA: A-Gas Americas is installing a second plasma arc, ODS destruction unit at its Bowling Green, Ohio, production facility. The new unit has a start-up date of early 2016 and...
New LG Air Conditioning Systems Headquarters Opens
LG Electronics USA celebrated the opening of its new LG Air Conditioning Systems Headquarters outside of Atlanta on November 11. At 40,000 ft2 (3,700 m2), this state-of-the-art facility is poised to s...
Will Next-Generation Refrigerants Get Decided？
AHRI to Host Low-GWP AREP Conference In response to environmental concerns raised by the use of refrigerants with high global warming potential (GWP), the Air-Conditioning, Heating, and Refrige...
Reznor launches fist packaged heating and cooling unit
21 December 2015 Warm air heating specialist offers combined unit with ability to provide 0-100 per cent fresh air Warm air specialist Reznor has launched its first cooling package as it takes advantage of its role within HVAC group Nortek Global HVAC. Reznor’s P125 is a packaged unit that provides heating, cooling and ventilation for commercial and industrial applications. Th...
Ingersoll Rand to Sell Minority Interest in Hussmann to Pana
Swords, Ireland, December 21, 2015 - Ingersoll-Rand plc (NYSE:IR), a world leader in creating comfortable, sustainable and efficient environments, announced it will sell its remaining equity interest ...
Acquisitions Help Dwyer Group Post Record Year
?“Dwyer Group continues to be a shining example of the success of private equity investing,” said president/CEO Mike Bidwell. ? Since being purchased for the second time by The Riverside Company in August 2014, Dwyer Group has grown by 50 percent. 21 December 2015 Dwyer Group, Inc., one of the world’s largest franchising companies of trade service brands, celebrated a historic year of growt...
Rinnai America Announces Wi-Fi Connectivity for Gas Tankless
21 December 2015 PEACHTREE CITY, Ga. - Rinnai America announced it is introducing a wireless module and app for its gas tankless water heaters. By integrating Wi-Fi connectivity, new and existing resi...
