Corporate News

Trane Technologies Declares Quarterly Dividend And Announces New $3 Billion Share Repurchase Program

The Board of Directors of Trane Technologies plc, a climate innovator, declared a quarterly dividend of $0.67 per ordinary share, or $2.68 annualized. The dividend is payable March 31, 2022, to shareholders of record on March 4, 2022. The declaration was consistent with the company’s previously announced intention to increase the dividend by 14%. When combined with the dividend increase of 11% in the first quarter of 2021, the annual dividend is up 26% since launching as a company focused...

Green Refrigeration Explains The Different Types Of Commercial Refrigeration Systems

Commercial Refrigeration in Palm Beach County, Florida, is an ever-growing food industry need. The equipment comprises several small cold storage units, including reach-in freezers, walk-in refrigerators, ice machines, and glycol chillers. To manage these appliances, users require professional commercial refrigeration services. Commercial refrigeration systems Among several things, what fascinates the buyers about these systems is their different types. Yes, there are many types of commercial...

Danfoss Accepts Entries For Their Thirteenth Annual EnVisioneer Of The Year Award Competition

Danfoss announces it is now accepting entries for its thirteenth annual EnVisioneer of the Year award competition. Launched in 2010, the competition recognizes North American original equipment manufacturers (OEMs), building owners, municipalities, contractors, and end-users that have introduced a new product, opened a new facility, or invested in a building or system upgrade in the past 18 months using Danfoss products or solutions to realize significant energy and environmental savings. Repr...

Viessmann Launches New V+ Promotion

Viessmann has announced the launch of a new partner promotion, named V+, that rewards heating installers who fit Viessmann boilers. Installers can register Viessmann boilers, some backdated to November 1st, 2021 to accrue points that can then be spent on prizes such as inspection cameras and electric power flushers; branded merchandise in the form of polo shirts, fleece jackets, and softshell jackets; Red Letter Days and experience vouchers; office rewards including iPads, laptops, and printers...

Modine Coatings Names Award-Winning Manufacturing And B2B PR Company As Agency Of Record

Modine Coatings, the industry-pioneering commercial and industrial HVAC coatings division of Modine Manufacturing Company, has selected Ripley PR, the global public relations expert for manufacturing and B2B, to support its strategic communications goals, drive brand awareness and enhance business growth. Ripley PR’s new partnership with Modine Coatings expands the agency’s successful relationship with Modine. Since 2016, Ripley PR has helped the company’s HVAC manufacturing d...

Payzer Highlights The Key Steps On How To Create An Effective HVAC Business Plan

Every effective HVAC Company starts with an effective business plan! They’ve provided an outline and it contains everything from the introductory summary, business summary, service offering, market analysis, business responsibilities and operations, and financial planning. A business plan is crucial for the growth and success of any HVAC company. Business owners should identify where they are now, the direction they want their business to go, their plan to get there, and research on the c...

Fortune Magazine Names Trane Technologies To World’s Most Admired Companies List For Tenth Consecutive Year

Trane Technologies plc, a global climate innovator, has been named to the Fortune magazine World’s Most Admired Companies list for the tenth consecutive year. “We’re very proud of this significant honor,” said Dave Regnery, Chair and CEO of Trane Technologies, adding “Every day, our people around the world bring our purpose to life by boldly challenging what’s possible for a sustainable world.” improves indoor air quality “Our innovati...

Green Refrigeration Explains Top Reasons For Considering A Bigger Commercial Walk-In Freezer

Investing in a walk-in cooler is a big deal for a commercial facility. No doubt it allows the staff to manage the perishable items better, but its benefits serve beyond just that. It is a safe place to store refrigerated goods before and after preparation. Usually, these units are more significant than the standard ones at home or other small restaurants. The users can walk in the freezer and get stuff out by themself. Now that users require more food to store buying a giant freezer seems more...

Teknotherm Acquires Bowman Refrigeration

Teknotherm Inc., proudly serving the fishing fleet in Seattle, WA since 1987, has acquired Bowman Refrigeration Inc. with effect from December 2021. This acquisition is the latest addition to the Dutch Heinen & Hopman Group, one of the fastest-growing HVAC&R suppliers, serving the marine fleet globally with more than 50 locations all over the world.  Products and services Bowman Refrigeration has been delivering high-quality services and products supporting the fishing industry i...

Friedrich Air Conditioning FreshAire PTAC Gets Recognized For Solving Major Challenges In Lodging Industry

From pathogens to airborne pollutants, one of the toughest challenges for the lodging industry is how best to ensure the comfort and safety of guests by improving Indoor Air Quality (IAQ). Friedrich Air Conditioning Co. is helping address these issues head-on with some of the most advanced, award-winning room-by-room IAQ solutions, specifically designed for lodging and multi-family properties. That includes the Friedrich FreshAire™ PTAC. Offering simple installation Most recently, this...

Pure Air Control Services Answers An Important Question Regarding The Spread Of COVID-19 Through HVAC Systems

It’s been almost two years since the World Health Organization declared COVID-19 a global pandemic. COVID-19, caused by the SARS-CoV-2 or coronavirus, is a severe acute respiratory syndrome. It spreads despite vaccines and other efforts to contain it. It spreads from person to person through respiratory droplets. This happens when an infected person speaks, coughs, or sneezes. This has many facilities managers asking the question, can HVAC systems spread COVID-19? High contact surfaces...

AprilAire Announces A Strategic Partnership With Airthings To Enhance Indoor Air Quality Solutions

AprilAire, the nationwide pioneer in professional-grade healthy indoor air quality solutions for the home, announces a strategic partnership with Airthings, a global technology company that produces award-winning, best-selling indoor air quality monitors for radon and other dangerous airborne contaminants that impact overall health and wellness. The partnership is rooted in addressing a common issue for homeowners everywhere: people spend more than 90% of their time indoors, but most are unawar...

BrainBox AI And ABB Partner On Global Distribution Agreement

BrainBox AI, a pioneer in predictive and self-adaptive commercial building technology, is pleased to announce its global distribution agreement with ABB. ABB will offer BrainBox AI’s technology services with a co-branded customer User Interface (UI). This step confirms the next phase of the key relationship, following the October 28, 2021, Series A funding announcement, wherein ABB participated as a lead investor. ABB – BrainBox AI partnership This agreement demonstrates ABB&rsquo...

Eurovent PG-AC To Consider The Option Of Having A Single Energy Label For The Reversible Air Conditioners And Space Heaters

The EC has published the call for evidence for an impact assessment on the review of the Ecodesign and Energy Labelling regulations for air-to-air air conditioners, air-to-air heat pumps, and comfort fans. The consultation will last until 18 February 2022. The Impact Assessment will assess the following main aspects: Update the energy efficiency calculation method for air-to-air conditioners and air-to-air heat pumps to increase comparability between different product types and to achieve mo...

Van Drunen Explains How Do UV-Light Air Purifiers Work

Even though users cannot see it, the home’s air is a part of the comfort and health. Maximizing the air quality in the home can lead to a healthier and more comfortable daily life. Air cleaners or purifiers can help boost the home’s air. Filters as part of the furnace is one way that users can improve the air quality. They can grab and hold bits of dust, dirt and other tiny floating things. UV-Light air purifiers take this air scrubbing to another level. Let’s look at how the...

Ti Cold Works With Investex To Build A State-Of-The-Art Cold Storage Facility In Texas

Tippmann Innovation (Ti Cold), a nationally pioneer in the cold chain industry, is working with Investex, LTD and the Renna family to build a state-of-the-art cold storage facility in the heart of Central Texas – Triple Temp Cold Storage. The Rennas are longtime residents of the greater Austin community and are no strangers to the frozen foods industry, as Michael Renna founded Michael Angelo’s Gourmet Foods, Inc. over 30 years ago. Public refrigerated warehouse The Renna family h...

NIBCO Inc. Launches Wrot Racer ‘Start Me Up’ Distributor Promotion To Celebrate Its Next Generation Of Push Fittings

NIBCO Inc. has announced its Wrot Racer ‘Start Me Up’ promotion to celebrate its next generation of push fittings that it recently launched. The multi-faceted promotion centers on the Wrot Racer C8 Corvette will tour the U.S., making stops at distributor locations that have qualified. The ‘Start Me Up’ promotion provides a quick and easy way for distributors to take on immediate inventory of the new Wrot Racer copper push fittings. Distributors who meet the minimum stock...

Samsung HVAC America And Honeywell Collaborate To Provide Advanced Control Solutions

Samsung HVAC America (Samsung HVAC) has announced at the AHR Expo 2022 that it is working with Honeywell, in order to provide advanced control solutions. The control solutions are expected to launch in 2022 and will be powered by the Niagara Framework, with an emphasis on design, advanced monitoring points and service capabilities, including a Niagara driver, in order to communicate directly to Samsung heating and cooling equipment, using the Honeywell CIPer Model 50 controller. Notable feature...

Hudson Technologies And AprilAire To Work Together To Meet The Requirements Of The CARB Regulation Order

Hudson Technologies, Inc., a provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning, and Refrigeration industry – and one of the nation’s largest refrigerant reclaimers, and AprilAire, the provider of professional-grade healthy air solutions for homes, announces they will work together to meet the requirements of the recently finalized California Air Resources Board (CARB) Regulation Order for Reclaimed Refrigerant Use f...

Cleaver-Brooks Sustainability Seal Readily Identifies Boiler Room Equipment And Solutions That Meet Strict Criteria

Major global companies want to reduce their carbon footprint, in order to meet regulations or a company target. In the boiler room, they can achieve this by increasing the use of renewable fuels, by increasing energy efficiency, or by reducing NOx and CO emissions. Cleaver-Brooks Inc. designs boiler room equipment with the environment in mind and now its solutions that meet stringent sustainable criteria are readily identifiable by the Cleaver-Brooks sustainability seal. Cleaver-Brooks Sustain...

Panasonic Works With CER To Create A Welcoming Environment For High End Cosmetic Retailer

Panasonic worked with experienced HVAC installer, CER Inst Ltd, and with John Hazelton, CER Managing Director to provide the ideal energy-efficient HVAC solution to these prestigious stores. The project design featured the use of a range of Panasonic cutting edge technology to overcome resistance from the incumbent product provided by a UK Manufacturer. Four Panasonic ECOi 3-pipe VRF units were incorporated into the design at Lakeside (totally capacity of the project was 195kW) and three ECOi 2...

GE Current Signs A Reseller Partnership Agreement With IDC For Sales Of Their Arize LED Portfolio

GE Current, a Daintree company, has signed a new reseller partnership agreement with Irrigation Design and Construction, LLC (IDC) for local sales and support of its full Arize® LED portfolio across central and coastal California. IDC has a long history of advising traditional agricultural, greenhouse, and cannabis growers on irrigation and climate control systems, from design and engineering to construction. Now, with Current’s broad portfolio at its disposal, the company will also b...

ABB Announces The Acquisition Of InCharge Energy To Strengthen Their E-Mobility Division

ABB announces the acquisition of a controlling stake in electric vehicle (EV) commercial charging infrastructure solutions company InCharge Energy. The addition of InCharge Energy will strengthen ABB’s E-mobility Division in the North American market by broadening its customer base and expanding its fleet electrification software and digital services offering. The transaction is part of ABB E-mobility’s growth strategy and is intended to accelerate the expansion of its portfolio to...

QM Power Fortifies Partnership With University Of North Carolina At Charlotte, Expands U.S. Presence

QM Power’s ongoing development of high-efficiency electric motors and controls has led to renewed research sponsorships, expanded office space at the University of North Carolina at Charlotte (UNC Charlotte), and the opening of a satellite office in Albany, New York, USA. energy-efficient motors As part of its network of university alliances in the US and Europe, QM Power has housed employees in office and laboratory space at the UNC Charlotte campus for several years. Its research...

Warm Homes Suffolk To Offer Expert Advice On Reducing Energy Bills And Keeping Homes Warm

Suffolk’s councils have joined together to establish Warm Homes Suffolk. The team will be on hand to offer expert advice on reducing energy bills, energy usage and identify benefits that residents may be entitled to, to help keep their homes warm. The work of Warm Homes Suffolk will also help the county towards its target of Net-Zero by 2030, as the project aims to better insulate homes and provide more efficient heating, meaning less carbon is released into the atmosphere. Offering valu...

BITZER Provides EnergiVault With Their Open-Drive Screw Compressors To Generate High Efficiency Cooling

A pioneering new energy storage technology is using BITZER open-drive screw compressors to generate high-efficiency cooling as an alternative, low-carbon power source. The patented EnergiVault, being developed by O-Hx Ltd, is designed to support decarbonization of industrial processes, and commercial and residential buildings using stored 'coolth' as a source of energy. EnergiVault was recently awarded government funding in the form of a Business Accelerator grant to commercialize the technolog...

GE Appliances Receives A Perfect Score On The Human Rights Campaign’s CEI And Gets Named As The Best Place To Work

GE Appliances (GEA), a Haier company, has once again achieved a perfect score on the Human Rights Campaign’s Corporate Equality Index (CEI), earning the designation as a ‘Best Place to Work for LGBTQ Equality’ five years in a row. In honor of earning a perfect score for the fifth consecutive year, GE Appliances is donating $5,000 to The Trevor Project, the world’s largest suicide prevention and crisis intervention organization for LGBTQ youth. Domestic partner benefits...

Eurovent Elects Maurizio Orlandi As Their Group Chairman And Jesus Beraza As The Vice-Chairman

The Eurovent Product Group ‘Commercial Refrigeration Equipment’ has elected its new Chairman and Vice-Chairman. Maurizio Orlandi has become the group Chairman. He will be supported by the re-elected Vice-Chairman Jesus Beraza. Maurizio Orlandi (Technical Compliance & Intellectual Property Manager, Epta) was elected as the new Chairman of the Product Group during its online meeting on 14 January 2022. He has extensive experience in Eurovent and within the refrigeration industry....

Aircuity Releases A Statement Noting The Urgency With Which Customers Are Addressing ESG Requirements

Aircuity, the pioneer in creating healthy and sustainable buildings, releases a statement noting the increased urgency with which its customers are addressing their Environmental, Social and Governance (ESG) requirements, and the rapid progress they are making toward stated goals, by tackling building emissions. In 2021 Aircuity helped several top-20 Life Sciences companies establish programs to reduce carbon and create healthier spaces for their occupants. Based on Aircuity’s two decades...

Powerblanket Discusses About 55-Gallon Drum Heaters And Insulation

Is it known that the steel oil drum has been almost unchanged since its invention in 1901? Elizabeth Cochrane Seaman, also known as Nellie Bly, made the first usable and practical oil drum to carry crude oil. The universal 55-gallon drum is the storage container choice of industries worldwide for almost every liquid except crude oil. They are easy to fill, stack, store, and ship. But, sometimes, they aren’t so easy to empty. Barrels containing high viscosity liquids need a little hea...

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