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Systemair acquires Canadian HVAC manufacturer Temspec
...ated, a Canadian designer and manufacturer of decentralised HVAC equipment. The acquisition, completed on July 23, 2026, strengthens Systemair’s North American operations in multi-storey building and school applications....
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LG expands HVAC academy network across key global markets
LG Electronics is expanding its HVAC Academy network across Asia, Europe, Latin America, the Middle East and Africa to strengthen installation and service capabilities. The company has opened new facilities and relocated...
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Panasonic HVAC & CC Targets ¥60 Billion Operating Profit for FY2027
Panasonic HVAC & CC announced a target of ¥60 billion in operating profit for fiscal year 2027, nearly double the adjusted operating profit of just over ¥33 billion recorded by its predecessor business in fiscal year...
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Mitsubishi Electric acquires Dutch HVAC firms for data center cooling
...APAC and COMPAC groups in the Netherlands to strengthen its HVAC equipment sales, installation and maintenance capabilities in Europe’s data center cooling market. The transaction was completed on July 13 through its who...
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Arizton forecasts global HVAC market at USD 292.20 billion by 2031
The global HVAC market is expected to reach USD 292.20 billion by 2031, according to Arizton Advisory & Intelligence. Growth is supported by new construction, equipment replacement and renovation activity across resi...
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NAVAC and AccuTools form North American HVAC/R partnership
NAVAC has entered into a strategic partnership with HVAC/R diagnostic and specialty tool manufacturer AccuTools. Under the exclusive agreement, NAVAC will manage AccuTools’ distribution, marketing and territory operation...
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Modine names Michael Mahan president of Commercial HVAC
...d Michael Mahan as President of its newly formed Commercial HVAC segment. He will lead the segment’s heating, ventilation, air conditioning and heat transfer activities for commercial, industrial and aerospace markets. M...
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U.S. HVACR mechanic employment projected to grow 8% through 2034
...bor force, including retirement. The median annual wage for HVACR mechanics and installers was $59,810 in May 2024, equivalent to $28.75 per hour. Workers install and repair heating, ventilation, cooling and refrigeratio...
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AHRI Highlights HVAC Testing and Certification at India Event
...t on June 5 in Hyderabad, Telangana. The meeting focused on HVAC equipment testing, standards and certification, including their role in performance assurance for regulators and consulting engineers. AHRI released The AH...
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REHVA Student Wins 2026 HVAC World Competition in Texas
Diana Lemian, representing REHVA and Europe, won the 2026 HVAC World Student Competition with research on developing a digital twin for a thermal manikin used to evaluate indoor environmental quality. Lemian is from the ...
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HVAC Data Center Market to Reach USD 31.80 Billion by 2032
The global HVAC in data center market is projected to grow from USD 13.70 billion in 2025 to USD 31.80 billion by 2032, according to MarketsandMarkets Research. The market is expected to expand at a CAGR of 12.78% from 2...
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Spanish HVACR Groups Highlight Refrigeration’s Critical Role
Spain’s HVACR sector marked World Refrigeration Day on June 26 with an event focused on refrigeration and air conditioning as essential but often overlooked technologies. Organized by AEFYT, AFAR and AFEC at the headquar...