Corporate News

Danfoss Power Solutions (DPS) is establishing a stand-alone business unit, White Drive Motors & Steering, and is preparing an immediate sale of the business unit. This is a necessary step to get the regulatory approvals needed to close the Eaton Hydraulics acquisition. Since Danfoss announced the acquisition of Eaton Hydraulics, the transaction has been subject to the usual closing conditions and regulatory approvals. Danfoss is now establishing and preparing to sell a business unit - White...

Johnson Controls’ Chairman and Chief Executive Officer (CEO), George Oliver shared his views on climate change in a recent episode of BRT TV, a series featuring the perspectives of America’s leading Chief Executive Officers (CEOs) on critical issues facing the country. In the new episode, Business Roundtable members describe the efforts of America’s job creators to address climate change and call for policies, in order to support the rapid development and deployment of cleaner...

Carrier is further expanding its electrification capabilities through a new alliance with Consolidated Metco, Inc. (ConMet), adding wheel-based power generation that captures energy that otherwise would be wasted during braking events. Carrier – ConMet partnership The alliance also advances Carrier’s broader zero-emission transport refrigeration solutions, with the availability of electric options for trailer, truck, and light commercial vehicle customers before the end of 2022, he...

Munters has acquired EDPAC, an Ireland-based manufacturer of data center cooling equipment and air handling systems for a purchase price of MEUR 29. The acquisition is part of Munters' strategy to grow in the prioritized data center segment. Munters is a pioneer of energy-efficient data center cooling solutions in North America and strengthens its presence in Europe through the acquisition. About EDPAC EDPAC reported net sales of MEUR 17 and an adjusted EBITDA of MEUR 1.7 in the financia...

Eurovent announced that the globally renowned association has welcomed Deltrian (Deltrian International), a Belgian manufacturer of air filtration systems, as its newest Corresponding Member. The membership for Deltrian was formally approved during a meeting of the Eurovent Board of Directors in December 2021. New Eurovent member, Deltrian International Founded in 1967, Deltrian International has expertise in air quality management in various fields Founded in 1967, Deltrian International ha...

In line with the timing of Big Energy Saving Week, Baxi has compiled its list of top tips for educating homeowners in managing their energy usage and minimizing utility costs. As homeowners crank up the heating and keep the lights on for longer during the winter season, these increases in usage can have a significant impact on monthly costs, which are only exacerbated as UK energy prices continue to soar. Following are the ten top tips: Boiler replacement If the boiler in a home is...

U.S.-based Dexwet Holdings (Dexwet), a global innovative air filtration and technology company, announced its new filter technology will be available in Nigeria due to a new partnership with Lumnar, a Nigerian company providing green solutions for healthy living. Dexwet Pure Air Filters are uniquely engineered and scientifically proven to trap dust, pollen, and airborne particles without reducing airflow on many types of air exchanges. Lumnar will serve as Dexwet’s territory partner...

Power management company Eaton, announces that Kurt McMaken has been named Senior Vice President, operations finance and finance transformation. In this role, McMaken will lead the global operations and transformation organization. This organization includes the company’s financial planning and analysis and operations finance teams, and has responsibility for the development of finance technology enhancements. McMaken will report to Tom Okray, Eaton’s Executive Vice President and Ch...

Viessmann, the renowned family-led business firm, is committed to creating excellent employee conditions and providing employees with the best possible support in their everyday endeavors.  After a three-month certification process, the Top Employers Institute has certified Viessmann as a Top Employer 2022 in Germany and therefore, as a highly attractive employer. Recognition criteria The Top Employers Institute examined the participating employers in six overarching HR dimensions and 20...

The Brick Consortium, Inc. (The Brick Consortium), the non-profit membership-led organization that sponsors and encourages the research and development (R&D) of the open source - Brick schema specifications for the built environment, has announced that five companies have joined on as inaugural members: Carrier Corporation (Carrier), Clockworks Analytics, Johnson Controls, Mapped, and Schneider Electric. These commercial members join academic members, who hail from Carnegie Mellon Universit...

The internationally active Viessmann Group has taken a majority stake in Pacifica Home Services Ltd. (PHS), simultaneously backing the reinvestment of the management team. The deal includes the acquisition of Oakes Energy Services Ltd (Oakes Energy), which will be integral to the development of the new business. Pacifica Home Services Ltd. (PHS) is based in Durham, United Kingdom and well known to end-customers within the UK, under the brand - 0800 Repair. The Management team from PHS will stay...

Thermon Group Holdings, (the "Company," "Thermon," "we" or "our") announced that Roberto Kuahara will join the Company as Senior Vice President, Operations, effective February, 14, 2022, concurrent with Rene van der Salm, the Company's Senior Vice President, Operations, stepping down from that role. Years of experience Mr. Kuahara joins the Company from SPM Oil & Gas, Inc., a subsidiary of Caterpillar, Inc., where he serves as the Vice President of Manufacturing and Supply Chain, Continuou...

Electric circulation heaters are very versatile and useful process heaters. Common applications will flow liquids or gasses through the heater and provide very stable reliable temperatures for these processes. The exchange of heat is dependent upon the liquid flowing, the flow rate, and the residence time or time through the heater. Many critical processes require heat to be created and passed to the process. Most of these are flowing, and the tried and true method of doing this is with a shell...

Senseware has announced that Boston Properties, Inc. (BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, has selected Senseware’s technology solution to implement real-time Indoor Air Quality (IAQ) monitoring across BXP's portfolio as part of its healthy building strategy. Data-driven approach to operations Doug Linde, President of Boston Properties, Inc. (BXP), said “As a leader in sustainable and healthy property dev...

Marston Holdings, the United Kingdom’s renowned provider of integrated, technology-enabled transport solutions, has announced its acquisition of Vortex IoT Limited (Vortex), supplier of environmental sensors, networks and data solutions that support improved air quality and decarbonization initiatives. Marston Holdings supports government, utilities and private sector clients through the delivery of market renowned integrated technology-enabled solutions, from design through to implementa...

Join Airdale on the 1st February 2022 at their Data Center Cooling Innovation Day to hear from Airedale experts on why now is the time for the company to go truly global, hear from the wider industry on their views on the future of data center cooling, take a look inside at their fantastic R&D facility and be the first to hear about FOUR new data center cooling innovations, launching live at the event. These solutions/innovations will back up the continuation of their global expansion strat...

Environmental health technology company, CASPR Group is pleased to announce Jon Zucker as its President. Jon Zucker joined the CASPR Group in late 2021. Jon Zucker’s goal is to guide CASPR Group into a scalable, sustainable company, as it manages increased demand for its proprietary Natural Catalytic Conversion (NCC) technology. The company’s solutions provide healthier indoor air and surface environments, across industries, including healthcare, education, transportation, and comme...

Eurovent Market Intelligence (EMI), the European statistics office for the HVACR market, launches its data collections for 2022. The aim is to collect data from manufacturers and provide them with a reliable map of the market. In 2021, around 400 manufacturers joined EMI resulting in an increase of +20% manufacturers providing the most comprehensive and reliable overview of the market, and thus remaining the largest collection of data on the HVACR market in terms of the number of market players...

Johnson Controls, the global pioneer for smart and sustainable buildings announced it has been named among the world's 100 most sustainable corporations in the 2022 Global 100 ranking by Corporate Knights. It is the eighth time Johnson Controls has received this honor. The company ranked first out of 26 in its Corporate Knights peer group for HVAC equipment manufacturing and first out of 74 in its industry group for Building Products. Johnson Controls jumped to 12th in the overall ran...

Johnson Controls, the pioneer for smart, healthy and sustainable buildings, announces the launch of OpenBlue Indoor Air Quality as a Service. The new offering is the first dedicated ’as-a-service’ Indoor Air Quality (IAQ) solution for buildings, delivering energy-efficient, turnkey clean air outcomes with an innovative financing model.  "Johnson Controls believes the best healthy buildings strategy is a holistic one," said Ganesh Ramaswamy, Vice President and President, Global...

Electric heat pumps use much less energy than furnaces, and can cool houses too – here’s how they work: Most heating systems in the U.S. use forced-air furnaces that run on natural gas or electricity, or in some cases, heating oil. To heat the building, the systems burn fuel or use electricity to heat up air, and then blow the warm air through ducts into individual rooms. A heat pump works more like a refrigerator, which extracts energy from the air inside the fridge and dumps...

The ongoing pandemic puts indoor air quality issues in the spotlight, however, IAQ concerns predate COVID. For example, schools across the U.S. already faced an IAQ crisis in their buildings prior to the coronavirus. In fact, in early 2020, the U.S. General Accountability Office (GAO) published a report revealing that roughly half of U.S. schools need multiple system upgrades with one-third in need of HVAC updates. Failure to address these issues leads to health problems. Combine this with the...

Vendigo Finance has exchanged contracts on a proposed acquisition by Hassle Free Boilers in a deal that brings together two of the fastest growing names in home improvement services and trade finance. The deal brings Vendigo Finance into the Hassle Free Boilers family of brands, which also includes The Trade Toolbox, a provider of home finance solutions for installers, and the recently acquired Hiberapp. The acquisition, which is subject to regulatory approval, will enable Hiber and The Trade...

The Eurovent Product Group ‘Air Filters’ has published an updated version of the Recommendation 4/23 ‘Selection of EN ISO 16890 rated air filter classes for general ventilation applications.’ It aligns with the 2021 WHO global air quality guidelines. Based on the latest evidence on the health effects of exposure to airborne pollutants, the World Health Organization (WHO) has significantly reduced the recommended levels of PM2,5 and PM10 concentrations. General ventilati...

Facilio, a renowned property operations software platform, announced that it has been recognized by Frost & Sullivan with the 2021 Best Practices Product Leadership Award for its IoT-based solution in the building operations and maintenance industry. Software platform approach "In a space dominated by hardware-centric incumbents, Facilio employs a differentiated software platform approach to address the challenges prevalent in the traditionally siloed and fragmented building operations mar...

Trane, a residential HVAC brand, has been named America’s Most Trusted® HVAC Systems brand by Lifestory Research for the eighth year in a row since 2015. The 2022 ranking stems from Lifestory Research’s America’s Most Trusted® Study which surveyed 12,864 people in the United States on their opinions of HVAC brands. In addition to earning the #1 ranking in the study, Trane received the highest Net Trust Quotient score (118.8) among shoppers. Innovative HVAC solutions...

Organizations across the world are eager to establish more productive business processes, reduce environmental harm, and enable their customers to lead healthier, more fulfilled lives. While their approach to reaching these goals may vary, one constant is the importance that all businesses are placing upon digital transformation to realize their aims. Digital innovation programs To help the users to navigate the digital transformation journey, Reuters Events has prepared a whitepaper featurin...

It can be difficult to keep warm indoors during the colder months of the year. However, there are some ways to stay nice and warm even when things are chilly outside. Air Docs Heating & Cooling is the pioneer in heating repair in Fellsmere, Florida, USA. Following are some helpful tips to help users stay warm. Install an efficient furnace An efficient furnace is a must during the cold months of the year. By availing of a heating installation service from a reputable heating and cool...

The second unit using China’s home-grown third-generation nuclear power technology 'HPR1000' has begun generating electricity. The major parts of the unit were developed by DEC. The 1,161 MW unit in the city of Fuqing, East China’s Fujian province, is expected to generate nearly 10 billion kilowatt-hours of electricity annually, equivalent to a reduction of 3.12 million tons of standard coal consumption and 8.16 million tons of carbon dioxide emissions.  

Sometimes, things really do come full circle. When Airxchange was founded 40 years ago, the Massachusetts-based company set out to develop a product that improved HVAC efficiency while simultaneously allowing building owners to increase ventilation. In the midst of a global pandemic, that longstanding mission is more relevant than ever. As the provider of energy recovery wheels – the workhorse of an energy recovery ventilator (ERV) – Airxchange has developed a range of products that...