Ayla Networks, provider of an Internet of Things (IoT) platform that the company says enables connectivity for any kind of product, announced that it is working in partnership with Dimplex North America to incorporate its IoT technology into Dimplex electric heating products.
The global cooling towers market is forecast to reach a value of $3.25 billion by 2020, representing an annualized growth rate of 4.9 percent from 2015 to 2020, according to a new report published by MarketsandMarkets.
Milwaukee Electric Tool Corp. recently announced an expansion of its operations in Greenwood, Mississippi. This represents a $35 million investment in Milwaukee Tool’s U.S. manufacturing operations over the last four years.
U.S. market share dropped to about 48 percent in 2014, reflecting a downward trend projected to reach about 40.4 percent by 2020. Meanwhile, the European and Asia-Pacific markets should see market share gains.
The ASAE Award is granted to associations for leveraging their unique resources to solve problems, advance industry and professional performance, kick start innovation, and improve world conditions.