Watsco Inc., a distributor of air-conditioning
and heating equipment, said its second-quarter profit slid 21% due to a cooler
summer and a slow new-housing market, according to a report from the Associated
Press.
Combined U.S. factory shipments of central air
conditioners and air-source heat pumps for May totaled 739,647, up 8.5% from
May 2006 shipments, according to the Air-Conditioning and Refrigeration
Institute (ARI).
Watsco, Inc., Miami, and ACR Group, Inc.,
Houston, announced that they have executed a definitive merger agreement under
which Watsco will seek to acquire ACR’s outstanding common stock in a cash
tender offer of $6.75 per share.
Mark Bernstein, visiting professor, Future Fuels and Energy Initiative, Department of Political Science, University of Southern California, makes a point about growth in the energy-efficiency industry.Some 25 experts from the
Johnson Controls Inc. announced its Bluewater Challenge promotion, which awards 18 grand-prize winners a four-day, three-night deep sea fishing trip for two to the Florida Keys in Feb. 2008, including
Luxaire distributor Milwaukee Stove & Furnace Supply Co., Milwaukee, WI, and Luxaire dealer Arlington Heating & Air-Conditioning, Arlington, VA, were the big award-winners at the Luxaire annual sales meeting April
To meet the growing demand for more energy-efficient “green” products and systems in the HVACR industry, Air Doctors of Nashville, TN, joined with other industry leaders to form the Green
U.S. Airconditioning Distributors, Los Angeles, CA, has entered a distribution agreement with Johnson Controls to enhance the independent distribution of residential and light commercial products to dealers in Southern California,
Coleman, a brand of residential/light commercial HVAC equipment manufactured by Johnson Controls, has received a Consumers Digest Best Buy designation for its Coleman® 5T 15+ SEER Echelon™ air conditioner, which