NIBE Industrier AB of Sweden and LSB Industries Inc., Oklahoma City, announced that they have entered into a stock purchase agreement by which NIBE will acquire 100 percent of the outstanding shares of The Climate Control Group Inc. from LSB for a purchase price of $364 million.
The Chemours Co. announced it is investing in large-scale manufacturing to expand supply of its Opteon™ family of refrigerants. Chemours will invest $230 million over three years to construct a new facility at its Corpus Christi site in Ingleside, Texas, with start-up expected in the third quarter of 2018.
Glasfloss Industries is celebrating its 80th anniversary; Uponor Inc. names new director of sustainability and corporate responsibility; more HVAC manufacturer news briefs
Daikin announced that its new $417 million HVAC campus nearing completion just outside of northwest Houston has officially been named the Daikin Texas Technology Park.
Enertech Global LLC is celebrating its 20th anniversary in 2016; TMI Climate Solutions opens 200,000-square-foot manufacturing plant; more HVAC manufacturer news briefs.
TMI Climate Solutions, a manufacturer of advanced air handling, hydronic systems, and custom HVAC solutions, has announced a new subsidiary, TMI Climate Solutions Canada Inc. The company also announced completion of a new 200,000-square-foot manufacturing plant in Pointe-Claire (Montreal), Quebec.
Rinnai America Corp. launched a customer experience facility at its U.S. headquarters to enhance customer knowledge and contractor expertise; more HVAC manufacturer news briefs.