The IRA incentivizes high-efficiency replacements and encourages the move to electrification, which is simply replacing fossil fuel systems with an alternative, electric heat source.
The proceeds will be split between Make-A-Wish Greater Bay Area and the Randy Rawson Scholarship Program, which is run by the American Boil.er Manufacturers Association.
Motivated both by rising energy costs and sustainability concerns related to climate change, consumers have grown more desirous of energy-efficient living.
Blackstone and Emerson had jointly announced plans for the spinoff company last year. Emerson, which receives about $9.7 billion in cash in the deal, also retains a 40% ownership stake in Copeland.
One of the major components in any refrigeration system is the evaporator, and there are several types of direct expansion (DX) evaporators that can be used.
Kian Capital Partners has completed the acquisition of Team Air Distributing, a wholesale distributor of OEM-branded HVAC equipment, parts, and supplies.