The global ZigBee home automation market is forecast to increase at a compound annual growth rate (CAGR) of 26 percent from 2016 to 2020, according to a report from Sandler Research.
Improvements in energy efficiency, particularly in the construction of new residential houses and apartment buildings, are critical components of the governor’s nation-leading Clean Energy Standard, which requires 50 percent of the state’s power to come from renewable sources by 2030.
Network Power is valued at $4 billion and Emerson will retain a subordinated interest in Network Power; the Leroy-Somer and Control Techniques business units are valued at $1.2 billion. Both transactions are expected to close by Dec. 31, 2016, subject to regulatory approvals.
Rheem Mfg. Co. recently earned the nationally acclaimed Partners of Choice Award by David Weekley Homes, one of the nation’s largest privately held homebuilders.
Growth will continue to be led by privately financed projects, with commercial construction continuing to lead the way. Energy-related construction will become less of a drag in 2017, while public spending will continue to be lackluster.
The MCA of Eastern Missouri recognizes companies and projects with the Outstanding Mechanical Installation Awards biannually. The awards are judged and selected based on criteria that includes installation quality, the working relationship between the owner and the contractor, and the project’s appearance.
Gerry Wilbern, lead service technician with Sky Heating & Air Conditioning in Portland, Oregon, is known not only for his technical prowess and troubleshooting abilities but also for his work ethic and willingness to help others, including his fellow technicians.
Southland Industries names Brian Boutte chief commercial officer; Haberberger Inc. names Steve Baker vice president of plumbing; more commercial HVAC contractor news briefs.
Field Controls LLC names Jeremy Troutman project engineer; Carrier Corp. announces its Côr thermostat is now compatible with Amazon’s Alexa-enabled devices, such as Echo and Echo Dot; more HVAC manufacturer news briefs.