Carrier Corp. completed its previously announced acquisition of Linde Refrigeration (SUPPLY HOUSE TIMES, August 2004, page 24), formerly a division of Linde AG, for about $390 million (325 million euros) including estimated debt upon closing.
Residential air-conditioning is the most influential innovation in American life in the last 75 years, according to a survey conducted in October by historians at The Henry Ford and America Online.
Shipments of unitary air conditioners and air-source heat pumps in 2003 totaled 7.35 million, just surpassing total shipments of 7.34 million in 2002, according to the Air-Conditioning & Refrigeration Institute.
Burnham Hydronics hosted an editors' conference in September to highlight a recent multimillion-dollar investment to improve the company's manufacturing capacity, stock inventory and also to announce a new parts service and several new products.
Parker Hannifin completed its acquisition of Sporlan Valve Co., a manufacturer of refrigeration and air conditioning components and controls and systems, for an undisclosed amount.
A Ferguson Enterprises branch in Bozeman, Mont., (in the Rocky Mountains) is in a market where the demand for radiant and snowmelt systems has grown over the past several years.