New Zealand: Daikin New Zealand is expanding its operations with the construction of two new purpose-built facilities in Auckland and...

New York: Gamut Capital Management, a New York-based private equity firm, has signed a definitive agreement to acquire Airtron Heating &...

US: Daikin Comfort Technologies North America Inc. has been awarded a $39 million grant by the U.S. Department of Energy (DOE) to advance...

US: The U.S. government has announced an $85 million investment in four heat pump manufacturers under the Defense Production Act to...

INDIANAPOLIS: Carrier and Sibi are collaborating to transform the HVAC industry through enhanced data-driven efficiency and a new...

USA: The U.S. Department of Energy (DOE) announced today that Wisconsin has launched its inaugural Home Energy Rebates program, backed by...

USA: The Louisville-based commercial real estate firm Hollenbach Oakley announced plans to significantly expand Midea America's presence...

USA: General Plumbing Supply Inc. (GPS) has announced the acquisition of Consolidated Plumbing Supply Inc. (CPS), which is a 100-year-old...

US: The US economy grew at an annualized pace of 2.8% in the second quarter, surpassing the 2% growth expected by economists. This is a...

Kentucky(USA): Mitsubishi Electric US (MEUS) is investing $143.5 million to repurpose a manufacturing facility in Maysville, Kentucky, to...

Nigeria: Nigeria’s inflation rate surged to 34.19% in June 2024 from 33.95% in May, according to the National Bureau of Statistics. This...

Nigeria: Black Pelican Group, celebrating its 20th anniversary, announced plans for manufacturing expansion and new product introductions...

US: Connecticut will receive up to $100 million from the EPA's Climate Pollution Reduction Program for the purchase and distribution of...

New England, USA: New England states have received $500 million in federal funding from the U.S. Environmental Protection Agency to...

US: Construction activity for single-family homes decreased for the fourth consecutive month in June due to high interest rates. U.S....

USA: Construction of Garden Towers Apartments, a $93 million affordable housing project for older residents in the Bronx, New York, has...

South Africa: Electrolux Group has signed an agreement to divest its South African water heater business under the Kwikot brand to Haier...

US: Rinnai America Corporation announced the appointment of Paul Nick as Vice President of Product and Marketing, joining the Executive...

Ottawa: The federal government of Canada has announced a plan to phase out oil-fired furnaces in new construction and encourage the...

USA: Carrier has inaugurated a new 1,500m² training center at Carrier University in Charlotte, North Carolina. This new facility, which...