Mergers & Acquisitions - News
The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 14.8 million at the end of 2022, according to a new research report from the IoT analyst firm - Berg Insight. Growing at a compound annual growth rate (CAGR) of 12.4 percent, this number is expected to reach 26.5 million by 2027. The top-38 vendors have today more than 100,000 active units in Europe. Berg Insight ranks Targa Telematics as the largest player in terms of active installed base with ar...
The global installed base of active remote tank monitoring (RTM) solutions reached 7.7 million units at the end of 2022, according to a new research report from the IoT analyst firm - Berg Insight. Growing at a compound annual growth rate (CAGR) of 25.0 percent, the active installed base is estimated to reach 23.5 million units worldwide in 2027. Berg Insight estimates that the European market accounted for more than 1.8 million active RTM systems at the end of 2022. The North American market i...
Ford and Resideo Technologies, Inc. announced a joint simulation project to explore vehicle-to-home (V2H) energy management called the 'EV-Home Power Partnership', designed to explore the potential of electric vehicle batteries to support optimal home energy management. full-size electric truck The project will explore, test, and quantify the customer benefits of pairing bi-directional EV charging with a Resideo smart thermostat to help customers potentially save money on monthly electric bill...
Business Development Resources (BDR), the training and business coaching authority for home services industry professionals, introduces its Emerging Business Academy, a streamlined version of its flagship coaching program tailored to the unique needs of growing small businesses. BDR’s Emerging Business Academy, designed for businesses with four people or fewer, guides motivated owners to put specific foundational systems and processes into place to reach revenues of $1 million and beyond....
Duraplas, a provider of innovative plastic solutions, announced its partnership with MARS, a renowned master distributor in the HVAC-R industry. Duraplas will provide MARS and its extensive network with access to the innovative PolarPad line of condenser pads to reshape the landscape of HVAC-R products. PolarPad line The HVAC-R industry has long faced limited options for condenser pads due to industry consolidation. This partnership introduces a welcome change as distributors wil...
Trane Technologies, a global climate innovator, has announced a significant milestone for its industry-renowned, sustainable climate solutions – with more than one million HVAC units with low-carbon steel shipped to homeowners and commercial customers across the U.S. Less than one year after Trane Technologies established ground-breaking purchase agreements with two major U.S. steel manufacturers, the company’s low-carbon steel products – which include high-efficiency heat pum...
NIBCO INC., a global provider of flow control solutions, announced its Board of Directors has approved several executive leadership appointments. These new appointments are effective immediately and reflect the company’s commitment to its long-term growth strategy. new executive appointments Steve Malm Steve Malm has been appointed as the new Chairman and Chief Executive Officer. Malm has been with NIBCO since 1996 and has served as President and Chief Operating Officer from 2006...
TML Supply Company, part of top North American distributor - Marcone, announced that it has been named Canadian Tempstar Distributor of the Year for the fourth time. The award, given by ICP/Carrier, recognized TML's performance in customer service and sales growth during 2022. TML also earned the award in 2013, 2016 and 2019. Service and product availability "TML's dedication to top-notch service and product availability is an overarching value for our organization," said Mark Mininch, TML Pr...
Heating, plumbing, and air movement materials supplier - TG Lynes has added an innovative solution for grooved piping systems to its extensive range. TG Lynes has become the only UK stockist of VSH Shurjoint products, which provide welding-free, time-saving solutions for the HVAC, sanitary, and industrial markets. The VSH Shurjoint product line by Aalberts Integrated Piping Systems is renowned for reliable connections, easy installation, and safety. VSH Shurjoint A coupling can be instal...
Johnson Controls celebrated the renovation of its North American Headquarters in Glendale, Wisconsin, USA. The 144,000-square-foot facility exemplifies Johnson Controls’ dedication to the productivity and wellbeing of its nearly 1,500 local employees. New OpenBlue Innovation Center With its new OpenBlue Innovation Center, it also serves as a showcase of solutions for building owners, operators, and other industry leaders to create a new class of smart buildings that are secure, healthy,...
SPX Cooling Tech, LLC, a full-line, full-service industry major in the design and manufacture of evaporative cooling towers and fluid coolers, has announced the opening of a new manufacturing facility in Springfield, Missouri, USA that will expand the company’s capacity, while also allowing current operations to further optimize their legacy Marley® brand products. SPX Cooling opens new manufacturing facility in Springfield “For over 100 years, Marley has been the preeminent ma...
Business Development Resources (BDR), a trusted provider of business coaching and training services for the HVAC, plumbing, and electrical industries, introduces a new program of self-paced online training courses to help service professionals maximize business results and support teams with ongoing training options. “As our industry evolves, the pace of business continues to accelerate,” said Matt MacArthur, Sr. Vice President of Training & Marketing at BDR. “Training rem...
XOi, a global provider of technician-focused technology solutions, announces a new partnership with the Independent Contractors Exchange (ICE) Group, a select group of independent HVAC contractors specializing in the service and installation of applied HVAC systems. As the premier commercial technical HVAC peer organization in North America, the ICE Group provides service excellence and innovation for applied HVAC systems including chillers, air systems, cooling towers, boilers, water systems a...
As the temperatures cool down and customers begin to prepare for the winter months, Ameren Illinois and Google are joining forces with the Environmental Law and Policy Center to give Ameren Illinois heating customers another helpful way to save energy. Customers can get a Google Nest Thermostat, at no cost with tax and shipping included, thanks to a special promotion that runs through November 30. Approximately half of a typical residential customer’s utility costs go toward heating and c...
The 5th Intersec Saudi Arabia trade show is currently taking place (3 – 5 October 2023) at the Riyadh International Convention and Exhibition Center (RICEC), in Riyadh, Saudi Arabia. It is hosting over 200 exhibitors, and among the presence of key government leaders, agencies and global organizational (with their world-class speakers, innovative products, and technological solutions are IFC Certification. Intersec Saudi Arabia 2023 Intersec Saudi Arabia 2023 serves as the central...
Trane Technologies, a global climate innovator, has announced the appointment of Ana Paula Assis to its Board of Directors, effective immediately. Assis is the Chair and General Manager of IBM in Europe, the Middle East and Africa (EMEA). “Ana Paula has been instrumental in driving growth and transformation in markets around the world throughout her career,” said Dave Regnery, the Chair and Chief Executive Officer (CEO) of Trane Technologies. Ana Paula Assis joins Trane Technologie...
Ameristar® by American Standard® Heating & Air Conditioning, an affordable and energy-efficient heating and cooling systems brand, announced the launch of their new website, Ameristarhvac.com. The new platform allows homeowners to take advantage of an all-in-one destination for seeking out product support, both before and after making a purchase decision. New website launched - Ameristarhvac.com American Standard has been making homes comfortable for more than a century and now th...
BITZER will be attending the international trade fair for buses and coaches, Busworld Europe 2023, in Brussels, Belgium, from 7 October to 12 October 2023. At Stand 528 in Hall 5, the specialist in refrigeration, air conditioning, and heat pump technologies will be presenting components for energy-efficient, future-proof mobile air conditioning and heat pump systems, including the CO2LITE, its new, compact reciprocating compressor for the natural refrigerant CO2 (R744). eco-friendl...
Uponor North America celebrated the grand opening of its newly constructed Uponor Experience Center, located at its regional headquarters in Apple Valley, Minnesota, USA. Boasting 4,500 square feet of hands-on displays, full-scale residential and commercial training areas, and cutting-edge innovation showcases, the new Uponor Experience Center is a flexible education and discovery space designed to advance the technical skills of current and potential customers. In addition, it will hel...
XOi, the globally renowned provider of technician-first smart technology for commercial and residential field service companies, announces two new sales promotions as the company continues to build opportunities and provide support for contractors and field service business owners. In their new roles, Enterprise Account Executive - Austin Piazza and Account Executive - Lindsey Fisher are responsible for developing and enhancing relationships, and educating the industry about XOi’s unique...
Thermo King, a globally renowned company in sustainable transport temperature control solutions and a strategic brand of global climate innovator - Trane Technologies, proudly announces the launch of TracKing Pro telematics. This latest premium digital offering harnesses the power of cutting-edge algorithms that use machine learning to estimate fuel usage and increase fleet uptime, enabling transportation companies to operate more efficiently. TracKing Pro Telematics TracKing Pro telematics p...
With the clock ticking to decarbonize schools and colleges, low-carbon building services consultant - BREng has identified key lessons from recent pioneering school projects, to help education estate managers plan their path to net zero. Rob Smelt, Director of BREng, will present the findings in a webinar, entitled 'Meeting Heat Demand in Schools', part of a series on Decarbonizing Education Buildings organized by elemental, taking place on 10 October, 2023. Reducing Space heating in schools...
Fieldpiece Instruments, the manufacturer of HVACR tools pros trust, announced that they were recognized with the prestigious Kepner-Tregoe Critical Thinking Cultural Excellence Award. Kepner-Tregoe (KT) is the pioneer of rational process development, and the KT Excellence Award is bestowed to an organization that displays outstanding performance in developing an environment and support structure that enables critical thinking skills to flourish and thrive. process excellence Fieldpiece&r...
Trane® – by Trane Technologies, a global climate innovator, has introduced its Thermal Battery™ Storage-Source Heat Pump System – a first-of-its-kind solution to advance electrified, low-carbon heating in buildings, including in climates below zero-degrees Fahrenheit. The innovative system converges four proven technologies to accelerate building decarbonization: Thermal energy storage ice tanks, reclaiming and storing excess building heat like a battery, for optimal ef...
Ideal Heating has supported an initiative led by Hull City Council to help residents during the cold winter months. The Affordable Warmth and Energy Saving Community Grants scheme offers grants of up to £12,000 to organizations such as charities, faith groups and residents’ associations to keep residents warm and well as temperatures drop. Ideal Heating partners with Hull City Council Hull-based Ideal Heating has supported the £250,000 scheme with a significant donation, wit...
Thermo King unveiled latest in all-electric transport refrigeration, shared digital solutions and participated as guest panelist in discussion around current and future zero emission TRU technologies at the at IFDA 2023 Solutions Conference. The annual IFDA Solutions Conference is the only event designed by and made for operations professionals in the food distribution industry. Thermo King was proud to display its latest innovative solutions at the IFDA 2023 Solutions Conference, which was hel...
A prominent sector expert is advising against ‘improvised’ installations for so-called ‘remote’ heat pump installations, in order to avoid low-quality installations. This message, from polymer pipework manufacturer REHAU, comes amid a nationwide push on the technology, with the Government targeting 600,000 installations per year by 2028. In order to help drive uptake, the flagship Boiler Upgrade Scheme (BUS) was introduced in April 2022, offering homeowners grants of bet...
The building facade serves as its protective shield against external elements, but its significance extends beyond aesthetics and weather protection. It plays a crucial role in determining the indoor air quality (IAQ) within the building. Poorly designed or maintained facades can lead to a host of IAQ issues, which can negatively affect the health and productivity of building occupants. In this article, Pure Air Control Services Inc. will explore how a commercial building’s facade affects...
Mitsubishi Electric Trane HVAC US LLC, (METUS), a supplier of Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems, will introduce a new integration for its all-climate heat pumps with SPAN.IO, INC. (SPAN), maker of the smart electrical panel. The collaboration between these award-winning category leaders is anticipated to accelerate household electrification and energy efficiency. The METUS-SPAN product integration, once available, is antici...
Bradford White Water Heaters, a globally renowned manufacturer of water heaters, boilers, and storage tanks, will showcase a wide range of its high-performing and energy efficient products at the 2023 American Society of Plumbing Engineers Tech Symposium in Bellevue, Washington, USA, from September 28 - October 1, 2023. “The ASPE Tech Symposium is one of the most informative and inspiring events of the year for the rapidly evolving plumbing industry,” said Neal Heyman, Directo...
