RAC/PAC
AHR Expo Seeks Most Innovative New HVACR Products
1 August 2014 WESTPORT, Conn. -- International Exposition Co., producer and manager of the International Air-Conditioning, Heating, Refrigerating Exposition (AHR Expo), announced that submissions for the 2015 AHR Expo Innovation Awards are now being accepted through Sept. 8, 2014. The awards are presented to companies displaying the most innovative new products at the expo. Sponsored by ASH...
LG Home Appliance, LG Air Conditioning See Lower Quarterly S
Jul 31, 2014 LG Electronics Inc. (LG) announced a 165% increase in second-quarter 2014 net profit compared with the second quarter of 2013. The company said it had strong earnings from TV operations a...
SIRACH to host tour of Mitsubishi Electric plant
July 30, 2014 On 2 September the network for Sustainable Innovation in Refrigeration Air Conditioning and Heat recovery (SIRACH) is hosting a tour of the Mitsubishi Electric air conditioning plant at ...
HVACR Contractors Outlook Remains Positive
Jul 29, 2014 U.S. HVACR contractors’ positive outlook about short-term growth is still high, according to the July Contractor Comfort Index (CCI) from industry association ACCA. The CCI was at 76 in July 2014, down from the 2014 high of 86, but up from the July 2013 index of 71. A CCI of 50 or above reflects anticipated growth. ACCA began measuring contractor attitudes toward short-t...
LG USA Names VanderWaal to Head Marketing
Jul 29, 2014 David VanderWaal was named to be LG’s U.S. head of marketing. He will lead brand marketing activities for LG Home Entertainment and Home Appliance products. He will oversee marketing, adv...
TCL Will Manufacture Portable HVAC Equipment for Soleus Air
Jul 29, 2014 Soleus Air, based in Cincinnati, OH, will now utilize OEM manufacturer TCL in the production of its products. Soleus and TCL will partner to manufacture and market Soleus’ portable air-c...
Japan’s Domestic AC Shipments : May 2014
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Air Conditioner Sales Slackens in May
On June 19, the Japan Electrical Manufacturers’ Association (JEMA) announced the value of domestic shipments of household electric appliances (so-called ‘white goods’). According to JEMA, the value of...
Stable RAC Market Predicted in 2014
Due to intensive heat waves in the summer and a surge in demand just before the Japanese consumption tax increase, domestic shipments of room air conditioners in fiscal 2013 (April 2013-March 2014) ex...
Fujitsu General Aims at Maximum AC Sales Profit in Fiscal 20
Fujitsu General plans to increase air conditioner sales in fiscal 2016 (from April 2016 to March 2017) to an all-time high of \15 billion or more, up 60% over fiscal 2013. The company aims to attain t...
