FYI: News Briefs in HVAC – August 12, 2024

FYI: News Briefs in HVAC – August 12, 2024



For your information news briefs from a wide variety of categories within the HVAC industry. Price increases, mergers and acquisitions, award winners, and more are highlighted here each week.

 

ACQUISITIONS

The Grasshopper Group (Albany, N.Y.) acquired Hummingbird Heating & Cooling (Syracuse, N.Y.).

VaughanAir, a new UEP Group (Crofton, Md.) company, acquired the DuraDcut line of advanced prefabricated duct systems from DuraSystems Barriers Inc. (Vaughan, Ontario, Canada).

 

MANUFACTURERS

Hudson Technologies (Woodcliff Lake, N.J.) named Brian J. Bertaux its CFO.

Daikin Comfort Technologies North America Inc. (Waller, Texas) and Thermal Supply (Seattle) opened the Daikin Seattle Experience Center (Tukwila, Wash.).

 

DISTRIBUTORS

Neuco Inc. (Bolingbrook, Ill.) hired Dan Gawel as senior director of operations.

 

CONSULTANTS

Trinity Consultants (Dallas) acquired OTTO (Charlotte, N.C.), a service and technology platform that specializes in building analytics and automated functional testing.

 

ORGANIZATIONS

Ashley Quinlan, senior director of digital marketing at Molex (Lisle, Ill.) joined the global industry practices committee of the Electronic Components Industry Association (Alpharetta, Ga.).

 

SCHOOLS

The HVACR program at the Tennessee College of Applied Technology (Shelbyville, Tennessee) was accredited by HVAC Excellence (Mount Prospect, Ill.).

 

CONTRACTOR SERVICES

Coast (New York) raised $40 million in new Series B financing, led by ICONIQ Growth (San Francisco).

 

FINANCIAL REPORTS

Watsco Inc. (Miami) announced record second-quarter 2024 revenue of $2.1 billion.

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