Packard Inc., a Georgia-based HVACR master distributor, announced it will open a 42,000-square-foot Midwest distribution center in Indianapolis on Sept. 1.

Kenneth Goodrich, CEO of US Peach LLC, a provider of HVAC and plumbing services under multiple brands, has announced the turnaround and sale of one of its portfolio companies, Phoenix-based Sonoran Air, to Mauro Calderon.

The global electric water heaters market is forecast to reach $29.32 billion by 2022, according to a new study by Grand View Research Inc. Global market demand is expected to reach 117.5 million units by 2022, growing at a compound annual growth rate (CAGR) of 6.9 percent over the forecast period.

The National Air Filtration Association (NAFA) has announced the recipients of its Clean Air Awards for 2015. The awards are presented each year to building owners and managers that take steps to significantly improve IAQ by increasing the level or efficiency of their HVAC air filtration system in 10 specific categories.

Conditioned Air Corp. of Naples Inc. announced it has successfully completed a recapitalization as it prepares to expand in the southwest Florida region. The company has taken on partners with an equity position via private equity firm, Gemini Investors, based in Boston.