The company aims to develop regionally specialized core technologies, optimized for the cold climate of Northern Europe, through the newly established European Consortium for Advanced Heat Pump Research.
Included in the sale are air distribution and movement brands Koch Filter, Titus, Ruskin, Kreuger, PennBarry and Tuttle & Bailey and their product lines of grilles, registers and diffusers, and more.
Operating in 62 locations worldwide, the LG HVAC Academy provides comprehensive training on installing and maintaining LG’s residential and commercial HVAC systems, including its high-efficiency chillers.
Private equity funds managed by Blackstone Private Equity will purchase Emerson’s 40% common equity ownership in the joint venture, while Copeland will repurchase the seller’s note.
Allied Air is set to launch an extensive range of equipment that uses the refrigerant R-454B, which has a GWP of 466, about 78% lower than that of R-410A.
The $121 million, 460,000-square-foot facility is expected to support more than 1,000 production jobs and more than 1,150 total new permanent jobs in northwest Mexico.
Main Filter, with manufacturing locations in Sault Ste. Marie, Ontario, Canada, and Lincolnton, North Carolina, has been a manufacturer of hydraulic filters for more than 35 years.
Founded in 1952, General Metals manufactures, fabricates, and distributes HVAC equipment and products. Its primary clientele is comprised of HVAC contractors in the Southwest.
