FYI: News Briefs in HVAC - October 9, 2023

For your information news briefs from a wide variety of categories within the HVAC industry. Price increases, mergers and acquisitions, award winners, and more are highlighted here each week.

PRICE INCREASES

Trane Technologies (Davidson, N.C.) raised prices on select applied and unitary commercial HVAC equipment.

ACQUISITIONS

Lennox International (Richardson, Texas) plans to sell its European commercial HVAC and refrigeration businesses to funds managed by Syntagma Capital (Brussels).

Trolex Corp. (Randolph, N.J.) acquired California Economizer (Huntington Beach, Calif.) and its Zonex Systems.

RESIDENTIAL CONTRACTORS

Stafford Mechanical Services Inc. (Stafford Springs, Conn.) earned Quality-Assured New Homes Contractor accreditation from ACCA (Alexandria, Va.) for the 15th straight year.

MANUFACTURERS

Viega LLC (Attendorn, Germany) plans to build a factory in Shalersville, Ohio for the manufacture of its ProPress and MegaPress products.

Modine Manufacturing Co. (Racine, Wis.) donated more than 600 backpacks containing school supplies to students in Virginia, Michigan, Rhode Island, and Wisconsin.

Pro Refrigeration Inc. (Mocksville, N.C.) named Damon Reed its new COO.

Midea America (Parsippany, N.J.) and Gradient Comfort (San Francisco) have contracts for window-mounted heat pumps to be installed at public housing in New York City.

Mojave Energy Systems (Sunnyvale, Calif.) raised $12.5 million for the launch of its third-gen liquid desiccant air-conditioning platform.

ORGANIZATIONS

The Plumbing-Heating-Cooling Contractors – National Association Educational Foundation (Falls Church, Va.) named Joseph Sullivan to its board of governors.

The Association for Smarter Homes & Buildings (Ottawa, Ontario, Canada) named Tommy Hulland of Carrier Global Corp. (Palm Beach Gardens, Fla.) to its board of directors.