Hanon Systems secured C$10 million in government support from Canada for its electric compressor plant and R&D center in Vaughan, Ontario, within a total project valued at C$198.75 million. The plant targets up to 1.5 million compressors a year by 2034.

SPX Technologies completed the acquisition of Neptronic Inc. for a total cash consideration of CA$605 million.

L'Islet, Quebec-based Innovair Solutions has acquired Thermo 2000 as part of its growth strategy in North America.

SPX Technologies completed its acquisition of Toronto-based Sigma Heating and Cooling and Omega Heat Pump for about $144 million (CAD 200 million), expanding its HVAC portfolio.

Norbec opened its new CAD 45 million manufacturing plant in Strathroy, Ontario, its first in Ontario, creating 70 jobs to serve Ontario and U.S. Midwest markets.

Annexair announced a C$30 million investment to add 14,000 m2 to its plant in Saint-Germain-de-Grantham, Quebec, and buy new equipment. Works start soon with completion planned for June 2025, bringing the site to 46,500 m2.

Bronswerk Group won two contracts worth over CAD 100 million from Irving Shipbuilding to supply ventilation, air conditioning and refrigeration systems for three new Royal Canadian Navy surface combatant ships.

XNRGY Climate Systems is adding 100,000 sq ft to its Montreal manufacturing facility, doubling its North American footprint to 250,000 sq ft. The expansion includes a new R&D facility and AMCA certified laboratory.

Aldes North America inaugurated its second plant in Saint-Léonard-d'Aston, Quebec, after investing more than CAD 1 million to add 28,000 square feet, doubling production capacity to nearly 55,000 square feet and planning 14 new hires.

Johnson Controls International completed its acquisition of Silent-Aire, an Edmonton-based maker of custom air handlers and modular data centers. Silent-Aire will be reported within Johnson Controls' Global Products segment.

Canada Economic Development for Quebec Regions will provide a C$3 million repayable contribution to ventilation maker Annexair to move its manufacturing into a new ultra-modern 300,000-square-foot factory in Saint-Germain-de-Grantham, Quebec. The funding targets digital equipment for an Industry 4.0 production concept and biocomposite casings.

Mill Street has acquired Nottawasaga Mechanical, a provider of heating, refrigeration and air conditioning services, as reported on 2017-08-04.

NIBE Industrier acquired 50% of the shares in heat pump company CGC Group of Companies, which has a manufacturing facility in Fergus, Ontario, with an option to buy the rest by spring 2022. The purchase price was not disclosed.