HVAC News

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors (the "Board"), including the appointment of Richard M. Sherrill to the Board, effective immediately. Mr. Sherrill, 59, has served as a member of the Board of Talos Energy, Inc. ("Talos"; NYSE: TALO) since February 2023, an upstream oil and natural gas exploration company. Mr. Sherrill also serves as the Senior Vice President of Business Development for...

NEW YORK--(BUSINESS WIRE)--Ply, a leading inventory and purchasing platform built for the trades, has raised $8.5 million in a strategic round led by Ferguson Ventures, the Corporate Venture Capital (CVC) arm of Ferguson, a leading North American value-added distributor serving the specialized professional. Existing investors Primary and SignalFire also participated in the round. Ferguson Ventures’ participation marks its 20th investment, underscoring its ongoing commitment to technologies that...

DALLAS--(BUSINESS WIRE)--Airtron Heating & Air Conditioning (“Airtron” or the “Company”), a portfolio company of Gamut Capital Management (“Gamut”), today announced the appointment of Steve Margolius as Chief Executive Officer and Adnan Mughal as Chief Financial Officer. Steve and Adnan bring a proven track record of scaling construction, home services, and distribution platforms into the next phase of their evolution with a strong focus on building enduring cultures of customer success as...

PHOENIX--(BUSINESS WIRE)--Phoenix Manufacturing, Inc., a leading designer and manufacturer of evaporative cooling solutions for demanding climates, today announced the launch of Frigiking Rigid Media (Frigiking RM) for residential and light commercial uses. The coolers offer a higher-performing alternative to aspen media that’s more cost-effective than premium rigid media systems. Frigiking RM is thoughtfully engineered to improve overall system efficiency and reduce ongoing maintenance needs,...

RACINE, Wis.--(BUSINESS WIRE)--As data center development accelerates to support AI, cloud, and digital services, Americans are sending a clear message: they are not opposed to living near data centers. They simply want them built the right way. New research from Airedale by Modine, a global leader in precision cooling solutions for data centers, shows that most people will support nearby facilities when they meet practical expectations of economic benefits, reduced noise, and thoughtful design...

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) today announced that it secured $52 million in project awards during the third quarter of 2025, including $30 million previously announced in September. The additional $22 million in new awards includes major data center infrastructure projects in the United States and Saudi Aramco–related projects to be executed from the company’s recently approved Dammam, Saudi Arabia facility. “These awards undersco...

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced that it has entered into a definitive agreement with Stellar Energy International, Ltd. to acquire the Stellar Energy Digital business (“Stellar Energy”), a leading provider of turnkey liquid-to-chip data center cooling solutions. Headquartered in Jacksonville, Florida, Stellar Energy designs and builds modular cooling plants, central utility plants and coolant distribution units for liquid-co...

NEWPORT BEACH, Calif. & WALTHAM, Mass.--(BUSINESS WIRE)--Windjammer Capital Investors (“Windjammer”) is pleased to announce the sale of its portfolio company Paragon Energy Solutions (“Paragon” or the “Company”) to Mirion Technologies, Inc. (NYSE: MIR, “Mirion”). Based in Fort Worth, Texas, Paragon is a leading provider of highly engineered solutions for large-scale nuclear power plants and small modular reactors (“SMRs”). The Company provides a wide range of products including electrical, sens...

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, and Amazon (NASDAQ: AMZN) announce groundbreaking results through advanced AI to improve energy efficiency and decarbonization in key real estate assets. The project, powered by Trane Technologies through BrainBox AI, in conjunction with AWS, showcases a successful collaboration in building decarbonization, delivering proven solutions that reduce energy use and carbon emissions. Initial deployment at thr...

DUBLIN--(BUSINESS WIRE)--The "Air-Cooled Heat Exchanger Market, Till 2035: Distribution by Type of Product, Type of Material, Areas of Application, End-User and Geographical Regions Industry Trends and Global Forecasts" has been added to ResearchAndMarkets.com's offering. The global air-cooled heat exchanger market is projected to expand from USD 4.27 billion in the current year to USD 10.02 billion by 2035, experiencing a CAGR of 8.90% during the forecast period. Technological advancements in...