SPX Corp. announced an agreement for the sale of its Dry Cooling business to Paharpur Cooling Towers Limited. The purchase price is estimated to be approximately $48 million, subject to adjustments for working capital at closing.
Comfort Systems USA Inc., a leading provider of commercial, industrial, and institutional HVAC services, announced that it has entered into an agreement to acquire the remaining 40 percent noncontrolling interest in Environmental Air Systems (EAS), headquartered in Greensboro, North Carolina, effective Jan. 1, 2016.
A total of 4,679 workers were killed on the job in 2014 — that’s an average of 13 deaths every day — according to the U.S. Department of Labor Occupational Safety & Health Administration (OSHA).
Life is full of surprises and not all are happy. Injuries, car accidents, theft, and even natural disasters happen and can destroy office space and property. That’s why insurance is an absolute necessity for HVAC contractors.
Many manufacturers have developed their own programs in order to train and educate contractors and technicians on their products. And, within those programs, many manufacturers place a high priority on safety education.
The condensate drain system is a unique component in the air conditioning system. It is an interface between the air-handler drain pan and the building plumbing system, for which no entity accepts responsibility. There is no approved or laboratory-tested-and-listed drain system.
By expanding its offerings and locations, administrators at Blackhawk Technical College are hoping to increase the number of qualified technicians, as well. In August 2014, the college moved its two-year HVAC program, as well as other manufacturing programs, into a new 105,000-square-foot facility, which is situated away from the school’s central campus.
The U.S. Department of Energy (DOE) has announced new energy efficiency standards for commercial air conditioners and commercial warm air furnaces that DOE said will save more energy than any other standard issued to date.
Allied Air Enterprises has announced a price increase of up to 5 percent on residential and commercial equipment and accessories. The increase will apply to orders placed after Feb. 26, 2016.
The North American heat exchangers market was valued at $4 billion in 2014 and is estimated to reach $5.5 billion by 2019, growing at a compound annual growth rate (CAGR) of 6.4 percent from 2014 to 2019, according to a report from MicroMarket Monitor.