In 1998, orders for industrial valves rose by 3.2% over 1997 levels, in spite of a 5.1% drop during the fourth quarter from the third, according to the Valve Manufacturers Association of America.
Carrier Corp. announced the signing of an agreement to buy Nashville, Tenn.-based International Comfort Products Corp. Carrier President John Lord said there would be few changes in ICP operations.
The Northamerican Heating, Refrigeration and Airconditioning Wholesalers Association addressed the problem of conflicting standards and protocols for emerging electronic commerce technology at the group's midyear business conference June 24-25 in Victoria, British Columbia.
Cochrane Supply and Engineering, Illco Supply and Sinclair Supply awarded contracts to Datacat, a provider of Web-based outsourced information solutions. Datacat will provide these companies with its HVACRCat subscription service for their online catalogs.
Air filtration manufacturer Farr Co. announced that it has formed a new HVAC High Performance Products Business Unit to consolidate and expand the company's activities in the cleanroom, HEPA, carbon/gas absorption, custom OEM and containment systems filtration areas.
The Air Conditioning Division of Rheem Manufacturing Co. named 18 companies as 1999 Market Maker Distributors as part of Rheem's Best Practices Distributor Program.
Harold F. Green, formerly vice president of Heat-Fab and now the president and CEO, announced the restructuring of the firm into three business divisions.
Carrier Corp., a wholly-owned subsidiary of United Technologies Corp., signed an agreement to buy International Comfort Products for $11.75 per share in cash.
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