Applied
LG 1Q Appliance Sales Down 3%
30 April 2014 LG Electronics’ first quarter 2014 net profits were up 319% from the first quarter 2013. First-quarter 2014 net profit was KRW 92.60 billion (approx. USD $86.62 million). Operating profi...
Three Billion Square Feet of Building Space Now LEED-Certifi
30 April 2014 Washington -- The U.S. Green Building Council (USGBC) has announced that 3 billion square feet of green construction space has earned Leadership in Energy and Environmental Design (LEEDR) certification around the globe. “This milestone is the result of leaders across our industry making the business and environmental case for healthy, sustainable buildings,” said Rick Fedrizzi...
Tigre and ADS Form Joint Venture for US and Canada Markets
30 April 2014 Hilliard, Ohio -- Tigre S.A. Brazil and Advanced Drainage Systems Inc. (ADS) have entered into a new joint venture, forming Tigre-ADS USA Inc. The company will manufacture and sell PVC fittings for waterworks, plumbing, and HVAC applications, primarily serving the United States and Canadian markets. The new joint venture represents a continuation of the existing activities of Tigre U...
Heating and Cooling Equipment BTU Measurement Basics
Apr 30, 2014 The BTUs your mechanical equipment and system delivers is the ultimate measure of energy efficiency. This test is quick and relatively simple, and can help your your customers to easily ...
HVAC Contractor Economic Index Reaches Highest Level Ever
29 April 2014 Arlington, Va. -- ACCA announced that its Contractor Comfort Index (CCI) has reached 81 for April, the highest the CCI has ever been in the four years the association has tracked contractors’ opinions on short-term economic growth. The CCI is up from 73 in March. The April CCI also shows that contractors are feeling substantially better about short-term growth than they were 1...
LG appoints head of Air Conditioning & Energy Solutions
28th April, 2014 LG has named Jody Lees as head of Air Conditioning & Energy Solutions. Mr Lees was previously the company’s national sales manager. His promotion follows the success...
Success Group International Is Acquired by Aquila Investment
25 April 2014 Sarasota, Fla. -- Aquila Investment Group announced that it has completed the acquisition of Success Group International (SGI) from Direct Energy. SGI is a ‘best practices’ organization for independent, residential services contractors that includes AirTime 500 for HVAC contractors. Aquila Investment Group was founded by long-time Direct Energy/Clockwork Home Services employee Rebecc...
JR Kanda Manseibashi Building Acquires LEED Certification
East Japan Railway (JR East) announced that its Kanda Manseibashi Building constructed on the site of the former Transportation Museum and Manseibashi Station (Chiyodaku, Tokyo) has acquired Leadershi...
Gree Strengthens Sales Cooperation with Gome
Realignment between big manufacturers and large retailers of home electrical appliances is getting on in China as the industry is undergoing business transformation. Ten years ago, Gree was withdrawn from some Suning stores and renewed all-around cooperation with Gome. In this January, Gome management visited Gree headquarters in Zhuhai to finalize the purchase and sales target of RMB 8 bil...
Haier Plays Leading Role in Formulation of RAC Reliability E
The annual meeting of the Reliability Subcommittee of National Technical Committee on Household Electric Appliances Standardization was held in Qingdao. During the meeting, experts discussed the recent development of the reliability standard, and concluded that China’s reliability standard system has been improving remarkably and should be further optimized. The meeting started the formulation of ...
