Danfoss announced it is accepting entries for its seventh annual EnVisioneer of the Year Award competition. Launched in 2010, the competition recognizes OEMs, building owners, municipalities, contractors, and end users that use Danfoss products or solutions to realize significant energy and environmental savings.

Trimble has announced the acquisition of London/New York-based Sefaira Ltd., a leading developer of cloud-based software for the design of high-performance buildings. Trimble said the acquisition expands its design-build-operate (DBO) portfolio.

The U.S. Department of Energy (DOE) announced that West Virginia Gov. Earl Ray Tomblin presented the West Virginia University (WVU) Industrial Assessment Center with the Governor’s Award of Excellence for Enabling Industrial Energy Efficiency.

Rough in box technology for wall hung mini split evaporators was formerly unavailable in the U.S. Now, redesigned and re-engineered specifically for North America, the new RoughinBox™ by Excelair brings this technology to the United States and Canadian markets.

The global shell and tube heat exchangers market is forecast to grow from $5.29 billion in 2015 to $7.05 billion by 2020, at a compound annual growth rate (CAGR) of 4.98 percent, according to a new report published by MarketsandMarkets.

HVACR distributor Watsco Inc. reported record results for the fourth quarter and the year ended Dec. 31, 2015. For the full year, the company achieved 4 percent sales growth to a record $4.11 billion (5 percent on a same-store basis).

Mestek Inc. has announced the acquisition of Turbonics Inc., Cleveland. Turbonics is a manufacturer of specialty hydronic fan coils and has been providing comfort solutions to the North American HVAC marketplace for more than 50 years.

As concerns about the environmental impact of energy generation and uncertainty over future energy prices continue to build, commercial building owners are looking for ways to reduce energy spend, notes Navigant Research. This drive for efficiency is increasingly targeting HVAC systems.