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Air Masters Corp. and its affiliated companies — Gateway Mechanical, Gateway Mechanical Fire Protection Inc., and Automation Solutions Group — have announced a rebranding as Integrated Facility Services Inc. (IFS), their corporate holding company name.

The global electric motor market was valued at $99.85 billion in 2014 and is expected to reach $141.7 billion by 2022, growing at a compound annual growth rate (CAGR) of 4.5 percent from 2015 to 2022, according to a new report by Grand View Research.

Ayla Networks, a global Internet of Things (IoT) platform for manufacturers, announced it has worked with smart energy management company Encycle Corp. to create a new IoT-connected thermostat for United Technologies Electronic Controls (UTEC).

The National Electrical Manufacturers Association (NEMA) has published NEMA ICS 61800-6 TR-2015, Adjustable Speed Electrical Power Drive Systems, Part 6: Guide for Determination of Types of Load Duty and Corresponding Current Ratings.

The global energy management system (EMS) market is expected to reach $58.59 billion by 2022, growing at a compound annual growth rate (CAGR) of 14.3 percent, according to a new report by Grand View Research. Demand for energy efficiency and optimization are the keys driving adoption of energy management solutions.

Hilton Worldwide announced that it is the first hospitality company to achieve Superior Energy Performance® (SEP) certification from the U.S. Department of Energy (DOE) for leadership and improvement in energy management and productivity at three hotels.

Ecova, an energy and sustainability management company, has released a new report, 2016 Energy and Sustainability Predictions: Findings from Leading Professionals, that provides the results of its third annual survey.

Analysis from Frost & Sullivan finds that the global HVAC equipment market earned revenues of $80.67 billion in 2014 and estimates this to reach $108.93 billion in 2020, despite the market’s maturity. The study covers unitary equipment, applied equipment, chillers, heat pumps, and ductless systems.