HVAC AUSTRALIA: AIIR Intelligent HVAC has entered into a strategic partnership with Copeland to enhance smart HVAC system integration and energy management capabilities. Under the collaboration, all AIIR products will be equipped with a custom-configured version of Copeland’s Verdant VX4 thermostat, creating an advanced HVAC solution aimed at simplifying installation, speeding up project approvals, and improving energy efficiency. The specially configured Verdant VX4 thermost

Daikin Daikin Holdings Singapore announced the signing of a Memorandum of Understanding with Delta Electronics to jointly develop next-generation Coolant Distribution Unit (CDU) solutions for AI and high-performance computing (HPC) data centres across the ASEAN and Oceania regions. The collaboration combines Daikin’s long-standing expertise in facility-level cooling and thermal management with Delta’s advanced capabilities in server-side liquid cooling and CDU technologies to

Daikin Europe: Daikin Industries announced strong global group results for fiscal year 2025 ended March 31, 2026, with solid growth driven by its air conditioning and applied solutions businesses despite ongoing global economic challenges. Its subsidiary, Daikin Europe, which manages HVAC-R operations across Europe, the Middle East, and North Africa, achieved record annual turnover of EUR 5.25 billion (US$6.1 billion), surpassing the previous fiscal year’s performance. In Eur

Daikin Daikin delivered stable growth in FY2024/25, supported by continued global demand for HVAC solutions despite challenging market conditions in several regions. The company reported higher net sales and improved profitability, driven by strong performance in commercial and industrial HVAC businesses, turnkey services, and energy-efficient solutions. Growth in sectors such as data centres, healthcare, hospitality, and industrial applications helped offset weaker residenti

HVAC UK: Daikin Rental Solutions has expanded its UK rental fleet with the addition of high-capacity cooling systems, low-carbon heating technologies, process cooling equipment, and UK-manufactured air handling units to address rising demand for flexible and energy-efficient temporary HVAC solutions. The expansion comes as organisations across the UK face increasing challenges related to ageing infrastructure, higher temperatures, stricter regulations, and the shift toward lo

Haier THAILAND: Haier is investing THB 5 billion (US$ 154 m) to establish a new commercial air conditioner manufacturing facility in Rayong, Thailand, with operations expected to commence in June 2027. The plant, situated on approximately 76 rai within the WHA Eastern Seaboard Industrial Estate 5, is projected to become Southeast Asia’s largest central air conditioning manufacturing base. According to the company, the facility is expected to achieve an annual production capac

Reece Gains Attention as Housing and Infrastructure Demand Support Plumbing and HVAC Growth AUSTRALIA: Reece Ltd continues to benefit from stable demand across the Australian and New Zealand plumbing and HVAC markets, supported by residential construction, infrastructure investment and recurring maintenance activity. The company reported resilient trading conditions, improved operational efficiency and stable margins as supply-chain pressures eased. Reece is investing in bran

SRS Distribution Completes Acquisition of HVAC Distributor Mingledorff’s USA: SRS Distribution Inc., a subsidiary of The Home Depot, has completed the acquisition of Mingledorff's LLC, a major HVAC distributor operating 42 locations across five southeastern US states. The acquisition adds HVAC distribution as a new business vertical for SRS and strengthens The Home Depot’s professional contractor strategy. The deal enhances access to HVAC equipment, parts and supplies for res

Johnson Controls International Reports Strong Q2 2026 Performance IRELAND: Johnson Controls International plc reported strong fiscal Q2 2026 results, supported by rising demand for HVAC, data centre and energy-efficiency solutions. Quarterly sales increased 8% to USD 6.1 billion, while organic sales grew 6%. Adjusted EPS rose to USD 1.19 from USD 0.82 a year earlier, and orders increased 30% organically. The company’s backlog reached a record USD 20 billion, up 26% year-on-ye

Johnson Controls International Expands Denmark Heat Pump Hub to Boost European Manufacturing Capacity DENMARK: Johnson Controls International plc has expanded its Holme, Aarhus facility in Denmark, adding 2,300 m² of production space and an 1,800 m² testing and customer centre to double heat pump manufacturing and validation capacity. The site, powered by 100% green energy, focuses on large-scale industrial heat pumps and chillers for district heating, healthcare, research an

Import relaxation on air conditioner and compressor India: The Government of India has extended conditional import relaxations for selected hermetic compressors used in air conditioners, refrigerators, and heat pumps until March 31, 2027, under the amended Quality Control Order framework. The revised notification allows manufacturers to continue importing specified compressor categories for captive use, subject to limits linked to their FY2024-25 import volumes. The move is a

Ariston Group Italy: Ariston Group reported net revenues of EUR 656.1 million in Q1 2026, marking a 1.2% year on year increase, while organic revenue remained broadly stable. The company posted an adjusted EBIT of EUR 34 million with a margin of 5.2%, supported by continued growth in renewable heating solutions, particularly heat pumps in Europe and Germany. However, weak demand in the gas boiler segment across Europe and slower water heating demand in the United States impac

Housing At a pivotal stage in the legislative calendar, American Supply Association engaged with Capitol Hill lawmakers on key industry priorities while closely monitoring policy developments. A major highlight was the advancement of the long-anticipated Farm Bill by the House Agriculture Committee, which includes provisions from the Healthy H2O Act, a measure strongly supported by ASA. The legislation enables rural households, particularly those dependent on well water, to c

Residential ServiceTitan has released its 2026 Residential State of the Trades Report, based on a survey of 1,000 residential contractors. The findings indicate that 74% of contractors see AI as a key driver of efficiency, reflecting a clear shift toward more technology-enabled operations. However, only around 25% are currently using AI, revealing a notable gap between interest and actual adoption. Among early adopters, the benefits are already evident, with 48% reporting imp

Manufacturing Amid a growing wave of state-level environmental regulations, the chemical composition of equipment is emerging as a key focus within the U.S. regulatory landscape. Efforts to control per- and polyfluoroalkyl substances (PFAS) have expanded beyond municipal water treatment concerns to become a direct supply chain requirement. States are increasingly advancing comprehensive policies targeting intentionally added PFAS in manufactured products. New Mexico’s propose

HVAC Significant changes may be on the horizon for tax incentives that support HVAC and sheet metal work, following the introduction of the American Energy Dominance Act (H.R. 8477). Proposed by Congressman Brian Fitzpatrick (R-PA) and supported by key stakeholders in the construction and labor sectors, the legislation aims to provide long-term stability for federal tax credits tied to energy efficiency projects across the United States. Currently, two of the most critical in

Home energy Federal funding aimed at promoting residential energy efficiency, including heat pump installations, is expected to resume soon after an extended pause. On April 15, U.S. Energy Secretary Chris Wright informed the House Appropriations Committee that Home Energy Rebate (HER) funds could be released within a “few weeks.” The program had been under review by the Department of Energy (DOE) to ensure alignment with the administration’s policy agenda. HER comprises two

Heat Pump The AHR show hosts around 2,000 companies from the United States and several other countries, all showcasing their products within a massive exhibition space spanning acres in a major city. In comparison, this event was held at a facility typically used by the Associated Builders & Contractors of NH/VT and the Vermont Construction Academy for training in framing carpentry. The venue was equipped with multiple 240 VAC electrical service points, allowing some sponsors

VTS Expands Production Capacity in Bangalore with Second Manufacturing Module India: In response to rising order volumes and growing demand for HVAC solutions across the region, VTS has expanded its production capacity in Bangalore, India, by launching a second production module. The newly operational facility, completed following successful equipment installation, manufactures air handling units (AHUs), including solutions dedicated to the Data Center sector. The expansion s

Tata Power, Keppel and Tata Realty Partner for Large-Scale Cooling-as-a-Service Project in Chennai India: Tata Power Trading Company Ltd, a wholly owned subsidiary of Tata Power, has partnered with Keppel Limited and Tata Realty and Infrastructure Limited to deploy a large-scale cooling-as-a-service (CaaS) solution at Intellion Park in Chennai’s Taramani IT corridor. Spread across more than 25 acres, the project will feature a total installed cooling capacity of 12,100 tonnes