APR Supply Co. announced the opening of its newest branch location in Upper Darby, Pennsylvania. The new branch at 510 South Cedar Lane will fill a gap in APR’s service to the eastern Pennsylvania region.
Samsung sends a fond farewell to Sang W. Lee, former president and chief executive officer of Samsung HVAC and promotes Russell Tavolacci to senior vice president and chief operating officer. Lee’s dedication over the years has ensured a smooth transition for all parties involved in Samsung’s acquisition of Quietside LLC.
The global heat exchangers market was valued $12.61 billion in 2015 and is projected to reach $20.12 billion by 2022, growing at a compound annual growth rate (CAGR) of 6.9 percent from 2016 to 2022, according to Heat Exchangers Market Report published by Allied Market Research. The shell and tube heat exchanger segment held approximately one-fourth of the total market share in 2015.
Fujitsu General America’s Product Department is now part of the Sales Division. Several organizational changes have happened as a result of growth and expansion within the company. The improvements at Fujitsu General America Inc. (FGAI) are made to improve working conditions and to enhance collaboration between departments.
The percentage of HVACR distributors who reported sales increases in fiscal year 2016 was the highest since fiscal year 2013, when 96 percent enjoyed higher sales. In fiscal year 2014, 75 percent saw a rise in sales; while 2015 brought an additional rise to 77 percent. The 90 percent of distributors who said their 2016 HVACR sales were up reported an average increase of 10.4 percent compared to 2015.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly Trends report, showing average sales for HARDI distributor members increased by 7 percent in March 2017.
The HVAC services market is forecast to grow at a compound annual growth rate (CAGR) of 6.62 percent, according to the new report by ReportsnReports.com, Global HVAC Services Market 2017-2021.
In response to requests by customers and in-depth research on how contractors use The Air Conditioning, Heating, and Refrigeration Institute’s (AHRI’s) certified products database, Carrier Enterprise (CE) developed CE’s AHRI HVAC System Builder, an online tool that provides HVAC dealers and contractors with a simple way to build AHRI-certified HVAC systems.
Danfoss’ Turbocor® TG series enables chiller manufacturers to build climate friendly and sustainable solutions that support refrigerant regulations for reducing direct and indirect CO2 emissions such as the European F-Gas Regulation and the U.S. Environmental Protection Agency’s (EPA) SNAP regulations.