For your information news briefs from a wide variety of categories within the HVAC industry. Price increases, mergers and acquisitions, award winners, and more are highlighted here each week.
ABB is accelerating its growth strategy in the U.S. by investing approximately $170 million and creating highly skilled jobs in manufacturing, innovation, and distribution operations.
Emerson, a global technology and software company, has agreed to purchase National Instruments Corp. (NI), a provider of testing and measurement tools, for about $8.2 billion, or $60 per share in cash.