HD Supply inked a deal to sell its HVAC operations to Watsco Inc. in its second divestment since a trio of private equity firms bought it for $8.5 billion.
Members of the Air-Conditioning and
Refrigeration Institute and the Gas Appliance Manufacturers have voted to
approve the merger of the two trade associations to become the Air-Conditioning, Heating and Refrigeration Institute (AHRI) on Jan.
1, 2008.
The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for November 2007.
Ingersoll-Rand Co. Ltd. announced Monday, Dec. 17, that it
has executed a definitive agreement to acquire Trane Inc., formerly American
Standard Cos. Inc., in a transaction valued at about $10.1 billion.
The International Association of Plumbing and Mechanical Officials (IAPMO) announced today a promotional partnership with the EPA WaterSense program, distinguishing IAPMO as the first association of code officials to be accepted as WaterSense partners.
Masco Corp. announced that Alan H. Barry, 64, has
stepped down as President and Chief
Operating Officer effective Nov. 30, 2007 in connection with his previously announced
retirement from the company.
Remodeling activity held up well during the third
quarter of 2007, according to the National Association of Home Builder's (NAHB)
Remodeling Market Index (RMI).
Denmark-based
pump manufacturer Grundfos Group has acquired Peerless Pump Co., a U.S.-based manufacturer
of pumps and fire protection systems. It is Grundfos’ largest acquisition to
date.
Doosan
Infracore today announced that it has completed the acquisition of the Bobcat,
Utility Equipment and Attachments businesses from Ingersoll Rand Co., Ltd.
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