HVAC Commercial Market

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Aggreko, a global provider of modular, mobile power and related solutions, has entered into an agreement to acquire substantially all of the assets of the equipment rental business of ICS Group Inc., a provider of portable climate control services in Canada.

The global underfloor heating market is forecast to reach $7.9 billion by 2020, growing at a compound annual growth rate (CAGR) of 8.7 percent from 2015 to 2020, according to a new market research report published by MarketsandMarkets.

Detroit Renewable Energy (DRE), owner and operator of the downtown Detroit district energy steam system, was honored by the International District Energy Association (IDEA) as a recipient of the Gold District Energy Award in the Most Square Feet Added in North America Award category for the 2014 business year.

The BP Group has announced the launch of its Integrated Building Technologies (IBT) division, to assist property owners and managers with recommissioning, application engineering, and HVAC system retrofits, maximizing their buildings’ potential.

A new specification tool enabling designers to make accurate climate control system efficiency calculations for Daikin variable refrigerant volume (VRV) systems has been launched by Integrated Environmental Solutions (IES) in conjunction with Daikin North America.

Packard Inc., a Georgia-based HVACR master distributor, announced it will open a 42,000-square-foot Midwest distribution center in Indianapolis on Sept. 1.

Kenneth Goodrich, CEO of US Peach LLC, a provider of HVAC and plumbing services under multiple brands, has announced the turnaround and sale of one of its portfolio companies, Phoenix-based Sonoran Air, to Mauro Calderon.