Bombshell report from Bloomberg furthers concerns about airborne transmission A Bloomberg article released Monday was not the first of its kind, but it may become the most-read, due to its insight on how the coronavirus spreads and its questions raised about whether the virus can be contracted through air conditioning systems. "The long-staid world of […]
Continue readingPhil It Up: BDS Makes Two Acquisitions
Philadelphia-based bearings company acquirers two area repair ops and distributors Bearing & Drive Solutions (BDS) of the Philadelphia region, a familiar name in the world of industrial distribution since 1978, has acquired two more stalwarts in the industry: Philadelphia Ball and Roller Bearing (that of 400 N. 6th St. in Philadelphia) and Universal Motor Distributors, […]
Continue readingAHR 2020
Sights and sounds from this week’s HVAC/R convention in Orlando The International Air Conditioning, Heating, and Refrigerating Exposition (AHR) held its annual convention in Orlando this week. Electrical Apparatus‘ Managing Editor Selena Cotte and Advertising Director Naomi Clark were both in attendance this year at booth 9204—and hustling to and fro on the trade show […]
Continue readingMajor HVAC Acquisition
HomeServe continues its M&A streak with CroppMetcalfe acquisition HomeServe, the provider of service plans, repair and installation services for the home, announced its acquisition of CroppMetcalfe in a March 13 press release. The move has major implications in the HVAC home repair industry due to the merging of two very different companies that were formerly […]
Continue readingMotor Repair Market
The latest report on the motor repair industry A new report from Dublin’s Research and Markets provides the latest breakdown of the motor repair and maintenance market, including the most profitable sectors, businesses, and valuation as of the close of 2018, while also projecting these variables for the next five years. The report, entitled Motor […]
Continue readingDynamatic Hires New CEO
Gary Steinhart to lead DSI/Dynamic In a significant move in the drives and controls sector, Gary Steinhart will take his resume down Interstate 94 in Wisconsin. Drive Source International (DSI)/Dynamatic has named Steinhart its new CEO and President, the company announced recently. An “accomplished and high-energy senior executive who has worked in diverse markets,” Steinhart […]
Continue readingDanfoss Acquires Axco
Addition of Finnish company broadens mobile electric portfolio Danfoss has acquired AXCO-Motors, a Finnish producer of large electric motors and generators. The move adds to its mobile electrification portfolio, as well as broadening its presence in the off-highway and marine markets. Danfoss noted that it is pursuing “solutions that reduce emissions and provide efficiency and […]
Continue readingInnovation Station
New companies, innovative ideas, product releases When words like ‘efficiency’ and ‘solutions’ get oversaturated to the point of no meaning, and others like ‘groundbreaking’ and ‘innovative’ do the same, it’s easy to write off the thousands of press releases regarding new products that are distributed every day. However, if these aren’t given consideration, where would […]
Continue readingHighs and Lowe’s
Home improvement store launching trade skills training program Lowe’s announced today its Track to the Trades program, a new workforce development initiative that aims to provide career alternatives and financial support for employees to pursue a skilled trade. Lowe’s will partner with Guild Education, which specializes in education for adults. The initiative, which will debut […]
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