Mergers & Acquisitions - News
Victaulic, the globally renowned manufacturer of mechanical pipe joining, fire protection and flow control solutions has purchased a 220,000 square foot Waupaca manufacturing plant in Lawrenceville, Pennsylvania. Enhanced Production capacity When operating at full capacity, the facility will increase Victaulic’s foundry production capacity by 70 percent in the U.S. and allow for future growth as Victaulic’s business demands increase. The facility, including two foundry molding line...
SO Energy’s mission is to enable customers to achieve net zero carbon emissions. They want to make a greener future accessible to everyone, and they’re working on a number of ways to get closer to that goal. One of these ways is by installing solar panels and home batteries to turn customers’ homes into mini generators, generating what is currently the greenest electricity available. Support to scrap VAT on Low and Zero Carbon Products As part of this, SO Energy has long bee...
On 8 February 2021, the Wilo Group successfully completed the acquisition of the Berlin-based Abionik Group from the private equity company, BID Equity, as well as other shareholders. In doing so, it is expanding its competence as a solution supplier in clean water treatment. Abionik currently employs around 170 people across eleven production and sales sites in Europe and Asia. Among other companies, the Abionik Group includes Martin Systems, Likusta Umwelttechnik, and Steinhardt, which specia...
Recently, DEC has signed a contract for the supply of a complete set of equipment, namely the 1×135MW steam turbine island/package with Kerinci Captive Power Plant (expansion). The power plant is located in Kerinci, Riau, Indonesia.
Plumbing, heating and green energy company, Heatforce (Heatforce Wales Ltd) has joined the Furniture & Home Improvement Ombudsman (FHIO), demonstrating their continuous dedication to promoting fair trade and protecting consumer’s rights. Ombudsman scheme The independent, not-for profit, and government approved Ombudsman scheme has offered a range of services to its members and their customers for more than a quarter of a century, including independent alternative dispute resolution,...
Ofgem has recommended the creation of an independent body to help lead the United Kingdom's (UK) path to net zero at the lowest cost to consumers. The body would be fully separated from the National Grid and run the electricity system, helping to charge millions of electric vehicles and enabling a huge increase in renewable power while maintaining secure energy supplies. Managing energy system The UK government committed to consult on reviewing the management of the energy system Last month,...
Stand outdoors on one of those days when the weather feels perfect, take a few deep breaths, and enjoy the fresh air. Later, take another deep breath—only inside California home. How does it compare? Improving the indoor air quality (IAQ) at Los Angeles home or business makes sense on so many levels. Consider health, comfort, and household budget. It’s hard to imagine a more important investment than improving the air users breathe! At Tassio Temp Control, they specialize in heating...
Aggreko, the provider of mobile and modular power solutions, has renewed its partnership with women’s golf champion, Mel Reid. Six-time winner of the Ladies European Tour and vice-captain of the winning European team at the 2019 Solheim Cup, Mel Reid has been an Aggreko ambassador for two years. She is also a champion for the LGBTQ+ community and gender equality in sports. After a successful 2020, which included winning the ShopRite LPGA Classic (her first LPGA title), Reid will be...
On January 1st, 2021, Danfoss Industrial Automation will become Danfoss Sensing Solutions. Along with the new name, the company’s focus is to strengthen their portfolio and services to provide cutting-edge expertise and more advanced application-driven sensor technologies and solutions. the need for sensing Bert Labots, the Vice President of Danfoss, said “Global mega trends increase the need for sensing. We see OEMs, wholesalers, and installers adapting to it and facing fundamenta...
Danfoss has changed its group structure to combine the Heating and Cooling segments into Danfoss Climate Solutions. With the new Climate Solutions segment, Danfoss will intensify its focus on the green agenda in attractive global markets. Everywhere in the world, there is a strengthened focus on climate efforts and by combining the Heating and Cooling segments into Danfoss Climate Solutions, Danfoss is investing in the future to help customers and partners take action t...
100kW hydrogen fuel cell energy supply system was successfully developed at the Hydrogen Demonstration Center of Dongfang Electric Corporation (DEC). It marks the company's other technical breakthrough in hydrogen application after hydrogen refueling station system integration and energy tank production.
Tankless water heaters have earned a range of nicknames, including on-demand water heaters and instant water heaters. These nicknames are accurate when they understand how tankless systems work compared to standard tank water heaters. But the reality is that the hot water isn’t literally ‘instant.’ With tankless water heaters, there can be a short delay as hot water must travel from the heater to the open outlet. If this is a major concern, a homeowner can try a few methods su...
RectorSeal, a globally renowned manufacturer of quality HVAC/R tools and accessories, and a wholly-owned subsidiary of CSW Industrials, Inc., has announced its acquisition of TRUaire, to provide residential and commercial grilles, registers, and diffusers to its expanding product line, designed for professional contractors. Following an integration period, the combined organization will operate with a unified market approach, giving distributors access to RectorSeal and TRUaire products. As maj...
On November 4, 2020, DEC signed the EPC contract for the Baime Hydropower Project in Port Moresby, the capital city of Papua New Guinea. Baime Hydropower Project This power plant will be constructed on the Baime river, which is located 11 km northeast of Bulolo. The work's scope includes the design, supply, civil, erection, testing, and commissioning of a hydropower plant on a turnkey basis. The project will benefit to the people and communities in the Lae district.
Facilio, a globally renowned AI-driven property operations & maintenance (O&M) platform, and Belimo (BELIMO Holding AG), a global market leader in HVAC field devices, have announced a strategic collaboration to enhance the buildings industry, by delivering connected and sustainable environments. The joint solution unlocks real-time building operational data, improves asset life cycles, and drives new levels of efficiency. Transforming IoT data into operational insights Addressing the...
Sustainability is one of the key pillars of the Plymovent vision, mission and strategy. In the past years, they have taken several initiatives to comply with this principle. In 2019, Plymovent became a true energy neutral company by installing over 1600 solar panels on the roof of its Global Head Office and Logistics Center in Alkmaar, the Netherlands. The entire production location in Thailand was already equipped with solar panels earlier. Plymovent becoming an even greener company In Novem...
A total of 14 associations from the field of technical building equipment (TGA) have presented an updated version of the position paper on Building Information Modeling (BIM). In the paper, last published in January 2018, with the title, ‘Electronic product data exchange in technical building equipment (TGA) and its integration in Building Information Modeling (BIM)’, the authors formulate two key requirements: Electronic product data are used worldwide. Therefore, the German sta...
Airxchange, a globally renowned manufacturer of innovative, segmented and washable energy recovery wheels is joining Madison Industries. Airxchange produces energy recovery solutions that perform reliably and effectively for the life of the HVAC system, while reducing energy consumption and improving indoor air quality. Airxchange joins Madison Industries “Madison Industries’ mission aligns perfectly with that of Airxchange – specifically, to make the world safer, heal...
Airxchange, Inc. manufactures a variety of energy recovery wheels with outputs ranging from 100 to 60,000 cubic feet per minute (CFM). Airxchange wheels feature a segmented energy transfer matrix that provides a simple yet effective means of optimizing energy transfer performance. The energy transfer media of an Airxchange wheel is: Durable and innovative polymer material that has proven to last for over 30 years in comfort HVAC applications. Polymer material is formed into a matrix and se...
UK-based HVAC solutions provider, Baxi Heating has secured funding from Innovate UK, to develop a Digital Servitization Demonstrator, as part of the Manufacturing Made Smarter initiative. The award is part of a £300 million UK government initiative to boost manufacturing productivity by 30%. Manufacturing Made Smarter The Manufacturing Made Smarter initiative is dedicated to the innovation of digital technologies in UK manufacturing. Baxi Heating is working on the project with The Advanc...
LG Air Conditioning Technologies USA has expanded its online residential LG Rebate Center tool to now include commercial HVAC products – the first in the industry to include rebates for Variable Refrigerant Flow (VRF) systems. Custom-designed for LG products, the Commercial VRF rebate tool enables residential and commercial customers alike, to search for local and national rebates and incentives, related to the purchase of LG residential, light commercial and commercial HVAC systems. Com...
Adding an ultraviolet (UV) lighting system to the heating, ventilation, and air conditioning (HVAC) equipment of the California home or business creates a healthier environment for users and their loved ones. At Tassio Temperature, they take great pride in providing reliable information about the latest trends, products, and services in the HVAC industry. Users can trust their certified team of professionals to offer them sustainable solutions that will add another layer of comfort, safety, and...
Water heaters are one of the most frequently used appliances in the home. As such, they often fall victim to signs of overuse, commonly caused by a lack of routine maintenance. There are many ways to prolong the life of the water heater, in addition to keeping the home safe. Maintaining the water pressure within the tank water heater is extremely important. Water pressure that is too high is one of the most common causes for a leaky or burst hot water tank. To prevent this expensive and potenti...
Despite pandemic challenges, Thermo King Sales & Service in Des Moines is focused on the future and the service they provide to customers. And they demonstrated it in a big way namely a $3 million expansion and renovation investment in their facility and the growing market in and around the capital of Iowa. “We had outgrown our existing facility several years ago but were landlocked until the neighboring property went up for sale in late 2018,” said Matt Greibrok, vice president...
When users are looking at how the air conditioner works, it can depend on a wide variety of factors. Most people realize that the brand they select, the size, the features, and the efficiency rating all play a role in how well an air conditioner will cool the Los Angeles home. However, many environmental issues also play a significant part in not only the air conditioner’s performance but contribute to potential problems they may face. Their team of experts at Tassio Temperature wants to...
Industry-renowned efficiency, precise temperature control and new remote servicing capabilities improve home owner experience and reinforce Lennox’ leadership in product innovation. Lennox Industries (Lennox), a trusted HVAC brand for 125 years, is raising the bar on its Ultimate Comfort System, by unveiling a 99 percent efficient gas furnace with enhanced diagnostics, and a new Lennox PROs Service Dashboard for contractors, in order to improve customer relationship management and remote...
HSB Living Lab and Leanheat by Danfoss have entered a collaboration to improve liveability in buildings. By harnessing feedback loops between building performance, indoor conditions and resident-perceived indoor comfort, the partnership project aims at bringing new insights on the interaction between smart maintenance and liveability. Smart maintenance and liveability Launched in June 2020, the new collaboration between the Swedish HSB Living Lab and Leanheat by Danfoss focuses on the optimal...
Applied Comfort Products has made some internal changes to benefit not only the environment, but also the people who put their heart and soul into each PTAC that comes off the production line. The goal is to be kinder to the environment and continue to make the production process smarter. production efficiency Improving production efficiencies not only means increased unit output but also reduces the use of resources such as hydro and natural gas. Streamlining production has reduced the...
A water heater is an essential appliance in the home. Most tank water heaters use either natural gas or electricity to warm up water and hold it in the storage tank until it’s needed. If the unit is older and they’re looking to replace it with a new one, they may be wondering if users could change the type of water heater. The answer is yes, but there is a lot to consider. Allow Electric water heater It’s not as easy as removing one type of water heater (say electric) and in...
Viessmann has continued its path of consistent growth for the third consecutive year, reporting global sales of EUR 2.65 billion, an increase of 6.4 percent, in 2019. The business grew by 5 percent in both 2017 and 2018. Seamless climate solutions Under the leadership of Prof. Dr. Martin Viessmann as Chairman and Max Viessmann as Co-CEO, the family business is progressing its strategic transformation from a traditional heating manufacturer to a provider of integrated solutions for living space...
