RAC/PAC
Lennox Industries Announces Price Increase
September 2, 2016 Increase effective Nov. 1, 2016 RICHARDSON, Texas - Lennox Industries has announced a price increase of up to 5 percent effective Nov. 1, 2016 on all commercial package rooftop units...
Melrose completes Nortek purchase
August 31, 2016 UK: British investment group Melrose Industries has completed the acquisition of US hvac equipment manufacturer Nortek. Having now acquired all remaining shares, Nortek is now a...
Report Identifies Key Trends Driving Commercial Air Conditio
Aug 26, 2016 LONDON - The latest report on the global commercial air conditioning market from Technavio provides an analysis of the most important trends expected to impact the market outlook from 2016 to 2020. The top three emerging trends according to the firm’s research analysts are: ・ Integration with Internet of Things (IoT). ・ Emergence of smart technology. ・ Growing preference for intero...
India gets tough on air conditioner ratings
24 August 2016 INDIA: The Bureau of Energy Efficiency (BEE) has introduced tougher energy efficiency ratings for air conditioners which takes account of the country’s higher temperatures. The n...
Mitsubishi Electric’s New Composite Building in Gunma Works
Mitsubishi Electric has announced that the composite building constructed within the premises of Gunma Works in Ohta City, Gunma Prefecture, consisting of a physical distribution center, a showroom, a...
Daikin to Establish New AC Production Base inVietnam
Daikin has recently decided to invest approximately \10 billion (US$ 98 million) in the Thang Long Industrial Park II located in the suburbs of the capital of Hanoi, Vietnam. The investment will establish Daikin’s first production base in Vietnam. With operations scheduled to start from April 2018, the factory is slated to manufacture residential-use air conditioners and join existing Daikin produ...
Daikin Completes Acquisition of Zanotti
In regards to its announcement on April 28, 2016, Daikin announced that it has obtained all equity interest for Zanotti effective July 5, 2016(local time), through its subsidiary Daikin Europe and has...
Daikin Aims at Highly Improved and Efficient Operations via
On June 1, Daikin started cooperation with ABEJA, a venture company specialized in the application of deep learning that is a part of machine learning. Technology and Innovation Center (TIC), Daikin’s technological development base, has a key role in this cooperation. By analyzing various types of information within the company through the use of deep learning, in which ABEJA is strong, Daikin aim...
JCI to Distribute Hitachi Summit Split ACs in UK
Building on its success in replacement components for York chillers, Johnson Controls HVAC Parts is to distribute Hitachi split air conditioning systems in the United Kingdom. Contractors and i...
Fujitsu General Launches nocria RAC for Cold Regions
On July 30, 2016, Fujitsu General began selling nocria GN series air conditioners for use in cold regions. Allowing operation at high heating capacity even in cold regions, the nocria GN series is ava...
Air Conditioner Inventory Drops to 30 Million Units in June
At the end of June, China’s air conditioner inventory decreased to 30 million units, which is quite a reasonable level in the air conditioner industry, down from 40 million units last year. Des...
