Samsung sends a fond farewell to Sang W. Lee, former president and chief executive officer of Samsung HVAC and promotes Russell Tavolacci to senior vice president and chief operating officer. Lee’s dedication over the years has ensured a smooth transition for all parties involved in Samsung’s acquisition of Quietside LLC.
The global heat exchangers market was valued $12.61 billion in 2015 and is projected to reach $20.12 billion by 2022, growing at a compound annual growth rate (CAGR) of 6.9 percent from 2016 to 2022, according to Heat Exchangers Market Report published by Allied Market Research. The shell and tube heat exchanger segment held approximately one-fourth of the total market share in 2015.
Fujitsu General America’s Product Department is now part of the Sales Division. Several organizational changes have happened as a result of growth and expansion within the company. The improvements at Fujitsu General America Inc. (FGAI) are made to improve working conditions and to enhance collaboration between departments.
IT Landes Co. was recently named a 2017 recipient of the prestigious President’s Award from Carrier®, making this the company’s seventh consecutive year receiving the award.
U.S. Rep. Trey Hollingsworth, Indiana 9th District, visited the Geo-Flo plant in Bedford, Indiana, on April 21. Discussions included the state of the geothermal heat pump industry, as well as Geo-Flo's encouragement to support H.R. Bill 1090, which would extend the tax credit for investments in energy property with construction that begins before January 1, 2022.
The National Institute for Occupational Safety and Health (NIOSH) and the Center for Construction Research and Training (CPWR) held the fourth annual National Safety Stand-Down to Prevent Falls in Construction and more.