Venstar® announced that it has signed an exclusive agreement with Insco Distributing Inc. of San Antonio, Texas, for the distribution of Venstar HVAC control products throughout Texas and Oklahoma City.

According to a new market research report, "The Thermal Energy Storage Market, By Technology, Storage Material, Application, End-User, and Region - Global Forecast To 2022," published by MarketsandMarkets, the market is expected to grow from an estimated $3.67 billion in 2017 to $6.20 billion by 2022, registering a compound annual growth rate (CAGR) of 11 percent from 2017 to 2022.

2017 marks the fourth consecutive year that York and Building Homes for Heroes have worked together. Through its sponsorship of the Building Homes for Heroes program, Johnson Controls, along with York distributors and independent contractors nationwide, has donated quality heating and cooling systems, including installation, labor, and on-going maintenance, to over 40 military families since 2014.

The Building Services Research and Information Association (BSRIA) is forecasting a total global growth of 20 percent in the smart home/light commercial market in 2017, with the largest growth being predicted for the UK market with a growth rate of 29 percent. The new study published in January 2017 segments the market into stand-alone products and whole home products; it also analyzes the value of system integration (value add) and service and maintenance.

Carrier recently announced the latest dealers to be inducted into its prestigious Dealer Hall of Fame at the 2017 Carrier Factory Authorized Dealer National Meeting in New Orleans.

DiversiTech® Corp. announced that it has purchased Rapid Positioning Clips Ltd. (RPC). The acquisition, completed on March 22, provides HVACR distributors and contractors with another useful product line they can use to grow their businesses and simplify their work.

The Winsupply preferred vendors that won in each category were chosen based on volume sold over a period of years, being one of the leaders in growing the business, selling to a breadth of locations that buy the vendor’s type of product, and having no major issues during the past year.

Demand for air source heat pumps is forecast to increase 2.5 percent per year through 2021 to $2.1 billion. Air source heat pumps comprise a significant amount of total heat pump demand, largely due to the easier installation requirements and lower initial costs than geothermal heat pumps. Air source heat pumps also compete more directly with other HVAC equipment and are a viable heating and cooling option in most buildings. 

AAON Inc. announced that the board of directors has promoted Mikel D. Crews to the position of vice president of operations. In this newly created position, Crews will be responsible for overseeing day-to-day operations at the company’s Tulsa facilities, reporting directly to Norman Asbjornson, CEO, and Gary Fields, president.

Diversified Heat Transfer (DHT) continues to expand its U.S. presence with two new manufacturer representative firms. Mechanical Sales Inc. will cover Alaska, Washington, Oregon, and Western Idaho; Sam DeSanto Co. Inc. will cover Virginia for the commercial and industrial markets.