On July 1, Danfoss welcomed Kim Fausing as its new president and CEO. Fausing, who for the past nine years has served as Danfoss’ chief operating officer, steps into the role after the planned departure of Niels B. Christiansen. In March of this year, Danfoss announced that Christiansen had decided to leave the company after nine years as CEO, and Fausing was appointed new CEO.

Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing average sales for HARDI distributor members increased by 19.4 percent in May 2017.

US Air Conditioning Distributors recently announced that they will be carrying the Marvair brand as a part of their continued efforts to provide a diverse and all-encompassing product line for their customers.

Long before President Trump was elected in surprise fashion in November, the House Ways and Means committee quietly put together a plan to modernize our tax system. It was published June 24, 2016, and is known as “A Better Way: Our Vision for a Confident America”, which is available online for review.

According to the 2017 HVAC equipment market report, the global HVAC equipment market to grow at a compound annual growth rate (CAGR) of 4.9 percent during the period 2017-2021. The latest trend gaining momentum in the HVAC equipment market is rise in incorporation of building automation systems (BAS).