Technavio analysts forecast the global air source heat pump market to grow at a compound annual growth rate (CAGR) of almost 11 percent during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the global air source heat pump market for 2017-2021.

KeIe Inc. announced the appointment of Richard Campbell as president and chief executive officer. Campbell will assume the responsibilities of outgoing president and CEO, Tim Vargo, who announced his retirement in April.

Angie’s List announced the first-quarter winner of its annual “Work with the Best” sweepstakes, which offers service pros the opportunity to win power tools and a grand prize of a 2018 work truck. Lenin Rojas of Germantown, Maryland, was awarded a $3,500 shopping spree to spend on power tools from Dewalt. 

Koch Air announced its highly anticipated expansion into Mt. Vernon, Illinois.  The new store and warehouse facility opened its doors on June 12 with truck routes starting on June 19.  The new store’s official opening will be later in the season during the Fall Showcase event for vendors and customers.