Integrated Facility Services (IFS), a full-service mechanical contractor with offices in St. Louis and Columbia, Missouri, announced it has acquired Wally’s Refrigeration, Lake of the Ozarks, Missouri.

HTS New England, the New England division of one of the largest independent commercial HVAC manufacturers’ representatives in North America, announced plans to merge operations with Stebbins-Duffy.

The latest report on the global commercial air conditioning market from Technavio provides an analysis of the top three emerging trends expected to impact the market outlook from 2016 to 2020.

The U.S. Army announced it has surpassed the $1 billion mark in energy savings performance contracts and utility energy services contracts in less than five years. This is in response to President Obama’s challenge to all federal agencies to achieve a total investment of $4 billion before the end of 2016.

Xylem Inc., a leading global water technology company, announced that it has signed a definitive agreement to acquire Sensus for approximately $1.7 billion in cash. Sensus is a provider of smart meters, network technologies, and advanced data analytics services for the water, electric, and gas industries.

The global building thermal insulation market was valued at $22.73 billion in 2015 and is projected to reach $28.39 billion by 2021, increasing at a compound annual growth rate (CAGR) of 3.5 percent between 2016 and 2021, according to a report published by MarketsandMarkets.