Corporate News

Government Plans To Incentivize People To Install Low-Carbon Heating Systems

Low carbon more efficient heating systems such as heat pumps will be no more expensive – and in many cases may end up cheaper – to buy and run than gas boilers, under government plans being announced on Monday, 18 October 2021. Through the Heat and Buildings Strategy, the government has set out its plan to incentivize people to install low-carbon heating systems in a simple, fair, and cheap way as they come to replace their old boilers over the coming decade. This will significantly...

A. O. Smith Acquires Canada Water Heater Manufacturer Giant Factories, Inc.

Global water technology company A. O. Smith Corporation announced that it has acquired Giant Factories, Inc., a Canada-based manufacturer of residential and commercial water heaters, with trailing twelve-month sales of approximately USD $105 million. The purchase price is approximately USD $192 million in cash, subject to customary adjustments. Taking into account an expected tax benefit of approximately $6.5 million that the Company will achieve as a result of treating the transaction as a p...

C&C Heating And Air Conditioning Installs Donated YORK® HVAC System In Home Gifted To Injured War Veteran

On September 29, C&C Heating and Air Conditioning and YORK® Factory Direct partnered with Building Homes for Heroes during a Welcome Home ceremony in Glenside, PA, for Army Staff Sergeant Veronica Hally. She served more than two decades of service, including tours in Iraq and Afghanistan, and she investigated hundreds of deaths and worked with the FBI to track terrorists across the globe. Her investigative experiences earned her many accolades, but also have left Staff Sergeant Hal...

Eurovent Welcomes First Member From Latvia

Eurovent welcomes Europlast, a Latvian manufacturer of ventilation systems and accessories, as its newest corresponding member. Europlast has officially become the first-ever Eurovent member from Latvia; further expanding the association’s footprint throughout Europe. Established in 1998, Europlast is one of the biggest producers of ventilation systems and accessories in the Baltic countries. With its manufacturing line based in Latvia, Europlast produces high-quality, safe, and functiona...

Emerson Announces The Appointment Of John Schneider And Vicki Dawkins In The HVACR And Digital & Connected Technologies Divisions

Emerson, a globally renowned software, technology, and engineering solutions company that provides innovative solutions for customers in industrial, commercial, and residential markets, has announced new leadership in its HVACR Technologies and Digital & Connected Technologies business groups. New Leadership Appointments John Schneider will serve as President of the HVACR Technologies - America's business, at Emerson. He has served in several senior leadership roles within Emerson, includi...

Weil-McLain Offers Virtual Knowledge Builder Sessions About Winter Readiness Tips For Boilers

Residential and commercial contractors can learn insider tips for keeping boilers running at peak efficiency during the cold winter months by participating in Weil McLain’s Knowledge Builder Sessions taking place twice a week in October. The weekly educational sessions, hosted by the technical training team from the leading North American designer and manufacturer of hydronic comfort heating systems, will comprise of winter readiness tips and ways to prepare various types of residential a...

Trane Technologies Completes Acquisition Of Farrar Scientific, A Renowned Company In Ultra-Low Temperature Control

Trane Technologies, a global climate innovator, has completed the acquisition of Farrar Scientific, which the company initially announced in a press release on September 13, 2021. Acquisition of Farrar Scientific Farrar Scientific is a critical supplier for bioscience and biopharmaceutical customers that provides proprietary technology, to fill an unmet need for flexible, modular and efficient ultra-low temperature processing and storage, including cooling and heating/thawing. “We are d...

GE Appliances Names Jason L. Brown To The National Association Of Manufacturers Board

The National Association of Manufacturers announced that Jason L. Brown, Vice President, General Counsel of GE Appliances (GEA), a Haier company, has been named to the NAM Board of Directors. Brown joins the NAM Board to bolster the association’s leadership in policy advocacy, workforce solutions, legal action, operational excellence, and news and insights. He will help the industry advance an agenda that promotes opportunity and prosperity for all Americans. About NAM Founded in 1895,...

ABB’s Data Analytics Application Helps Industry Tackle Emissions

Increased governmental and societal focus on emissions means that industry is under ever greater pressure to increase the agility and reliability of emissions monitoring in real-time. ABB’s Datalyzer is designed to help customers respond to this challenge. The comprehensive, cloud-based modular application provides real-time status across a fleet of analyzers and plants. In doing so, it lowers ownership costs and reduces capital expenditure.    How does it work? Datalyz...

Danfoss Power Solutions Announces New Leadership Team And Structure

Danfoss has announced a new leadership team and divisional structure for its Power Solutions segment, following the formal completion of its acquisition of Eaton’s hydraulics business. The new alignment strengthens the company’s core business as it expands its global reach and positions itself to better serve customers and distribution partners around the world.  Eric Alström, who has led Danfoss Power Solutions since 2012, h...

Gryphon Investors Completes Majority Investment In Southern HVAC And Announces New Home Services Holding Company

Gryphon Investors, a middle-market private equity firm announced that it has acquired Southern HVAC from MSouth Equity Partners, a private equity firm based in Atlanta with an office in Nashville. Located in the Southeastern U.S., Midwestern U.S., and Texas, the Company is a leading provider of residential HVAC, plumbing, and electrical services across 15 brands. Southern HVAC's management team will remain with the Company and retain a meaningful equity stake. The financial terms...

Dexwet Holdings To Introduce Innovative Air Filtration Technology To The NY & CT Service Providers

Dexwet Holdings, an innovative air filtration, and technology company, announces a partnership with AC Penguin Prestige that will ensure heating, ventilation, and air conditioning (HVAC) service companies in New York and Connecticut are the first in the country to get the new filter systems. Providing add-on services Dexwet Pure Air Filters are new to the U.S. and scientifically proven to trap dust, pollen, and airborne particles without reducing the airflow. AC Penguin Prestige, an HVAC provi...

Related videos

Daikin Shares An Insight Of Their Operations

THX In-Floor Trench Convector from Marley

Daikin's Shares Their 95 Year Long Journey Across The Globe

vfd