The worldwide Internet of Things (IoT) market is projected to hit a compound annual growth rate (CAGR) of 33.3 percent to 2021 driven by the rising need for operational efficiency and the increasing penetration of connected devices, according to a report available from RnR Market Research.

Fresh-Aire UV, division of Triatomic Environmental Inc., a manufacturer of ultraviolet C (UVC) and photocatalytic oxidation (PCO)/activated carbon IAQ products, has named Stuart Engel as its international business development manager.

Historical buildings — from those on the local Main Street to world-renowned structures — could be brought from the past into an energy efficient future under a proposed guideline from ASHRAE.

ACCA has announced the launch of its newest online certificate training program, Qtech: Duct Design Basics. Through Qtech, contractors can offer their employees on-demand training in quality HVAC installation, maintenance, home performance, and other areas.

Four U.S. Department of Energy (DOE) national laboratories are joining Oak Ridge National Laboratory (ORNL) to expand an online crowdsourcing community for building technologies called JUMP, which helps bridge the gap between cutting-edge ideas and the marketplace.

LG Electronics USA announced that Thermal Resources Sales Inc. (TRS) has become the latest LG applied rep for the company’s commercial air conditioning business, to drive variable refrigerant flow (VRF) sales and support for the Southeast. 

DiversiTech Corp., a leading manufacturer and supplier of HVACR parts and accessories, announced that it has purchased Quick-Sling LLC., a manufacturer of mounting products for residential, commercial, and industrial HVAC equipment.

The global energy management systems (EMS) market was valued at $20.49 billion in 2014, and is forecast to grow at a compound annual growth rate (CAGR) exceeding 14 percent from 2015 to 2022, reaching $58.59 billion by 2022, according to a report from Grand View Research.

Advanced Cooling Technologies Inc. (ACT) has announced the launch of its HSC, HPC, and LNC series of sealed enclosure cooling products. ACT said this launch is the first step of its entrance into the sealed enclosure cooling market.

Modern Mechanical has joined forces with One Hour Heating & Air Conditioning® and will eventually be known by the name One Hour Heating & Air Conditioning. Local owners Shawn Mitchell and Pete Danielson will maintain a 100 percent ownership stake in Modern Mechanical.