Danfoss Turbocor Compressors is expanding its Tallahassee, Florida plant, adding 120 full-time manufacturing research and development positions. Construction is expected to begin in 2018 and finish in 2019.
Nidec Corporation agreed to buy Whirlpool's Embraco compressor business for $1.08 billion in cash. The deal excludes Embraco Europe srl in Riva di Chieri, Italy, where Whirlpool plans to end production.
Stiebel Eltron Group and Danfoss finalized an agreement for Stiebel Eltron to acquire Danfoss Värmepumpar AB (Thermia), with activities in Sweden, Finland and Norway. Thermia has annual turnover of about 650 million SEK and 210 employees.
Nibe Biawar is building a new factory of about 30,000 square metres in the Białystok subzone of the Suwałki Special Economic Zone to produce water heaters, heat pumps and pellet boilers. The first stage, costing 25 million zloty, is due to finish in Q1 2019 and will add several dozen jobs.
Modine Manufacturing completed construction of a new 92,000-square-foot production facility in Mezökövesd, Hungary, to make aluminum engine and powertrain cooling products with 340 employees on three shifts.
Sanden International and Unicla International signed a strategic alliance under which Unicla's heavy-duty compressors will be co-branded and sold through Sanden's global distribution network. The alliance was finalised in February 2018.
Danfoss Turbocor Compressors will build a new facility in Tallahassee, Florida, within Innovation Park, adding 120 jobs. Construction is expected to begin in early 2018 and finish in 2019.
Bristol Compressors International and DHX Electric Machines announced an exclusive global strategic partnership to develop next-generation HVAC/R compressor technology using DwHX electric motors. The announcement was made on January 18, 2018.
Ingersoll-Rand and Mitsubishi Electric Corporation agreed to establish a 50-50 joint venture for ductless and VRF HVAC systems, pending global antitrust review. The agreement was reported on January 17, 2018.
Hanon Systems is relocating its Americas Innovation Center to a 217,000 square foot building at 39600 Lewis Drive in Novi, Michigan, consolidating its Southeast Michigan sites into one location.
Oklahoma-based Kelvion bought Rocore Group, whose Knoxville plant had shut in 2015, in 2018. Kelvion reopened the plant as an HVAC factory.
Florida Governor Rick Scott announced Danfoss Turbocor Compressors will build a new facility in Tallahassee, adding 120 advanced manufacturing jobs, with construction starting early 2018 and completion in 2019.
Danfoss is building a new 44,000 sq ft facility at its Turbocor Compressor site in Tallahassee's Innovation Park for about $12 million, with construction expected to start in early 2018 and finish in 2019.
Korean automotive supplier Hanon plans to build its third compressor plant in Dalian, China. The article text provided gives no investment, capacity or job figures.
Hanon Systems signed an investment agreement with the Dalian municipal government to build a third plant in Dalian for automotive compressors, bringing total site space to over 98,000 square meters.
Standard Motor Products formed a 50/50 joint venture, Foshan FGD SMP Automotive Compressor, with China-based Foshan Guangdong Automotive Air Conditioning, investing approximately US$12.5 million to make automotive air conditioning compressors.
Emerson broke ground on the second phase of its Copeland scroll compressor factory in Suzhou Industrial Park, China, a $40 million investment to raise capacity for the Chinese and Asian markets.
EVAPCO Inc. acquired Alcoil USA LLC, a York, Pennsylvania maker of micro-channel and brazed aluminum heat exchangers, forming EVAPCO Alcoil, Inc. which will operate from the existing Alcoil site.
Taco Family of Companies acquired the Taconova Group, a Zurich-headquartered maker of hydronic heating, balancing, underfloor heating and valve solutions. The deal strengthens Taco's presence in Europe.
Tecumseh Products Company is investing $1.1 million and creating 60 jobs at its Verona, Mississippi facility, which is consolidating Canadian operations and will begin making the AK2 compressor line. The Mississippi Development Authority assisted with infrastructure improvements.
Private-equity-owned CoolSys has acquired Certified Refrigeration and Mechanical, according to PE Hub. The article gives no price or location details.
Russian manufacturers Veza, Arktos and SovPlim will supply about 1,000 supply-air units, over 100 exhaust units and climate equipment for the ZapSibNeftekhim complex in Tobolsk, part of contracts totalling about 1.5 billion rubles. LIK Forside will supply Siemens-based automation systems.
Eberspaecher Suetrak, via its Russian subsidiary Eberspaecher Climate Control Systems RUS, won a contract from bus maker Volgabus to equip 125 articulated city buses in St. Petersburg with AC353 air-conditioning systems.
Brazilian compressor maker Embraco established a new €2.5 million technology centre at its European production plant in Spisska Nova Ves, Slovakia, to develop compressors for low-GWP hydrocarbon refrigerants.
Rheinmetall Automotive's Pierburg unit won a first small-series contract to deliver heater/cooler modules for electric vehicles to Dutch bus maker VDL Bus & Coach, for its VDL MidCity Electric minibus due in 2018; the units are assembled in Neckarsulm, Germany.
RLX Fluidos Refrigerantes inaugurated a refrigerant fluid factory in the Manaus Free Trade Zone, Brazil, with an investment of about R$3.6 million and initial capacity of 22 million kg a year.
Emerson broke ground on a $100 million expansion of its Sidney, Ohio compressor plant, adding nearly 20,000 square feet of office and engineering space and upgraded test labs. The three- to four-year project began with a groundbreaking on August 14, 2017.
Trane is expanding its existing 680,000 square foot manufacturing complex at 400 Killian Road in Columbia, South Carolina, investing $96 million and creating 700 jobs over three years.
Trane, a brand of Ingersoll Rand, will invest $96 million to expand its existing HVAC manufacturing facility at 400 Killian Road in Columbia, South Carolina, creating about 700 jobs over three years.
Hudson Technologies agreed to acquire Airgas-Refrigerants for $220 million, financed with cash and borrowings under an enhanced asset-based lending facility, with no new equity issued.
Resolute Industrial, a Wheeling, Illinois-based HVAC and compressor equipment rental company backed by One Equity Partners, completed its acquisition of Detroit-based Tioga HVAC Rentals. Terms were not disclosed.
Mill Street has acquired Nottawasaga Mechanical, a provider of heating, refrigeration and air conditioning services, as reported on 2017-08-04.
Nidec Corporation completed the acquisition of 100% of Secop Holding GmbH and other Secop entities, German compressor manufacturer, from Aurelius on July 31, 2017. The companies are being renamed Nidec Global Appliance entities.
Spirax-Sarco Engineering agreed to acquire US-based thermal technologies company Chromalox from Irving Place Capital for a cash-free, debt-free consideration of US$415 million.
Chinese appliance maker Midea plans to invest Rs 800 crore in a 43-acre manufacturing facility in Pune producing refrigerators, washing machines and water appliances, employing 500 people and expected operational by end-2018.
Carrier Enterprise, a Watsco-Carrier joint venture, acquired a 35% ownership stake in Russell Sigler, Inc., a western U.S. HVAC distributor with about $650 million in annual sales, for approximately $63.6 million in cash.
Mueller Industries, a maker of valves, tubing and fittings for plumbing and HVACR piping, has announced the acquisition of PexCor Manufacturing Company.
Spirax-Sarco Engineering agreed to buy Pittsburgh-based thermal technology company Chromalox from Irving Place Capital for $415 million on a cash-free, debt-free basis, financed by new bank debt. Chromalox has five manufacturing facilities across North America, France and China.
MAHLE opened its new air conditioning compressor plant in Changshu, Jiangsu, relocated from Suzhou with doubled capacity. Equipment investment has reached RMB 180 million, with further investment planned.
Japanese motor maker Nidec plans to fully acquire the Secop group, a German refrigerator components maker, in a deal valued at $227 million. The move aims to capture demand from tightening environmental regulations.
Rinnai Australia officially opened its new network of manufacturing facilities and an R&D centre in Melbourne's South East, producing hot water, heating and cooling systems. The site is expected to create new jobs.
A company backed by Permira funds signed a definitive agreement to acquire Atlanta-based DiversiTech, a manufacturer and supplier of HVACR aftermarket components, from an affiliate of The Jordan Company. The senior management team will remain significant owners.
Walton's newly built compressor factory in Gazipur received an export order from German compressor maker Secop GmbH for 400,000 casting parts. Shipments were to be completed within the month.
Walton inaugurated its compressor manufacturing unit at Walton Industrial Park in Chandra, Gazipur, on April 6, 2017, with an annual capacity of 4 million compressors and a target of 12 million within five years.
Keihin IPT Mfg, LLC completed its acquisition of Keihin Aircon North America, Inc. from Keihin Corporation and others in April 2017, after agreeing the deal on February 21, 2017.
Emerson's Copeland Scroll division opened a new production line, Line 4, at its Reynosa compressor plant and is offering over 100 operator vacancies. The plant already employs about 730 people.
HVAC manufacturer The Whalen Company will rent additional space in the former Black & Decker building in Easton, Maryland, to develop and manufacture a new heat pump product line. It needs about 50,000 more square feet of manufacturing space.
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.
Clima Uno broke ground on a purpose-built factory of over 100,000 sq ft in Dubai Investment Park to manufacture air handling and fan coil units. The facility is slated for completion in the fourth quarter of 2017 and is expected to quadruple production capacity.
BITZER, the refrigeration compressor maker, announced the acquisition of ElectraTherm, a Reno, Nevada company making Organic Rankine Cycle waste heat to power generators. The deal gives BITZER a US subsidiary entry into the waste heat to power market.