Fujitsu General America Inc. names Matt Peterson president and COO; Modine Mfg. Co. announces it has entered into a definitive agreement to acquire Luvata Heat Transfer Solutions; more HVAC news briefs.
Team Air Distributing Inc. relocates Knoxville, Tennessee, branch facility; TruTech Tools Ltd. receives Inc. magazine ranking; more HVAC distributor news briefs.
The Institute of Refrigeration is accepting nominations for the J&E Hall Intl. Gold Medal; BSRIA Ltd. names new principal consultant; more HVAC organization news briefs.
HICKORY, N.C.— Shurtape Technologies, LLC, a producer of pressure-sensitive tapes based in Hickory, N.C., announces the addition of Rob DeVries to its executive leadership team.
Improvements in energy efficiency, particularly in the construction of new residential houses and apartment buildings, are critical components of the governor’s nation-leading Clean Energy Standard, which requires 50 percent of the state’s power to come from renewable sources by 2030.
Network Power is valued at $4 billion and Emerson will retain a subordinated interest in Network Power; the Leroy-Somer and Control Techniques business units are valued at $1.2 billion. Both transactions are expected to close by Dec. 31, 2016, subject to regulatory approvals.
Rheem Mfg. Co. recently earned the nationally acclaimed Partners of Choice Award by David Weekley Homes, one of the nation’s largest privately held homebuilders.