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Your source for breaking news in the heating industry.
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Carrier sells Heat Transfer group to private firms

Carrier Corp., a unit of United Technologies Corp., said Monday it has sold its Heat Transfer Products Group business to private equity firms Monomoy Capital Partners LP and Starboard Capital Partners LLC. Financial terms of the deal were not disclosed. Carrier makes heating, air conditioning and refrigeration systems. The Heat Transfer Products Group had 2009 revenue of about $90 million and has about 500 employees. (source) Read More

Modine names Lucareli as new CFO

Modine Manufacturing Co. has named Michael Lucareli, the firm's corporate treasurer, as the new chief financial officer for the Racine-based manufacturer of radiators and other thermal management systems. (more) Read More

Antitrust enforcement: radiator manufacturers feel the chill

July 08 2010The Competition Council has announced that it has fined four Belgian steel plate radiator manufacturers - Masco, Quinn, Caradon and Radson (now called Rettig) - for participating in a cartel in the steel plate radiator market in Belgium. The Competition Authority's investigation was based on two leniency applications. The investigation revealed that the four manufacturers had shared commercially sensitive information and had coordinated the gross wholesale price of steel plate radiators between 2003 and mid-2006. Three of the manufacturers pleaded guilty. The council's report on the case states that by exchanging commercially sensitive information, the four manufacturers intended to align their behaviour and pricing in the market in question. This amounted to making the market behaviour of competitors more predictable and constituted a severe restriction of competition. As such, the action was prohibited under Belgian and EU competition law. The council decided to impose a total fine of ... Read More

Travis Perkins poised to become Britain's largest plumbing company after BSS takeover

The chairman of Travis Perkins, Robert Walker, said the company's board had "for some time" believed consolidation in the building materials industry would offer "significant scale benefits in terms of cost savings and improved operational efficiency". The deal, recommended to shareholders by BSS's board on Monday, involves builders' merchant Travis Perkins paying 0.2608 company shares and 232.91p in cash for every BSS share. (more) Read More

Wilo USA Receives Renown Merlin Award

The pump expert WILO SE has just been honoured in the USA as "best innovator" with the Merlin Award. The Merlin Award has been awarded for ten years by the German American Chambers of Commerce and honours outstanding achievements in transatlantic trade relations. Awardees of previous years were Bosch, Zentis and T-Systems North America. WILO SE, founded in 1872, is considered as the inventor of the first heating pump of the world. "Its innovative power makes WILO SE outstanding" said Steve Thompson, Vice President of Wilo USA. "Environmental and climate protection becomes more and more important especially in the USA. Our products are innovative and particularly energy efficient and decisively contribute in this area. For this reason, we are glad about the award of the chambers of commerce and the related honouring of our efforts." WILO has been active in the USA since 2004.  (source) Steve Thompson, Vice President ... Read More

With Wilo Pumps Towards a CO2-neutral Energy Concept

"Klimahaus Bremerhaven 8° Ost", which opened in June 2009, had a quite broad range of requirements to state-of-the-art pump technology. The experimental centre presents the visitors data, facts and phenomena about global climate processes and climate change and simulates them with large technical effort. (more) Read More

PEX Remains in California Plumbing Code

Cross‐Linked Polyethylene (PEX) piping continues to be fully authorized for use throughout California despite a ruling by a California court. An appeal by the Plastic Pipe and Fittings Association (PPFA) has stayed the court’s ruling, and the regulations permitting PEX remain firmly in place. In a recent status update to the court, the California Building Standards Commission (CBSC) stated that it has already begun to revise the PEX Environmental Impact Report (EIR) to address the issues of concern to the court. In the meantime, as noted by CBSC, the regulations remain in full effect. Thus building officials shall continue to have full authority to allow the use of PEX. Despite a very thorough environmental review and strong support for PEX, the CBSC’s actions certifying the EIR and approving PEX in the California Plumbing Code were challenged by a group of organizations led by the California Pipe Trades Council, which ... Read More

Calgary thermal heat plant opened

C ity Hall is in hot water and Enmax is to blame, but the leaders of both groups were smiling and shaking hands Friday at the grand opening of the Downtown District Energy Centre.The inner-city facility, more than a decade and $31.8 million in the making, supplies thermal heat to the municipal building, replacing seven aging boilers. In the future, the gas-fired plant will provide both heat and power to buildings downtown, increasing energy efficiency and reducing emissions.The district energy operation will be integral to the future -- and long anticipated -- development of East Village complexes and a significant investment in the long-term future of downtown Calgary, Mayor Dave Bronconnier said at the opening. (more) Read More

Watts Water Tech plans to buy Austrian pipe maker

Watts Water Technologies Inc. said late Thursday that it plans to buy an Austrian pipe-making company, Austroflex Rohr-Isoliersysteme GmbH, by the end of June. Watts said it has not signed a definitive purchase agreement with Austroflex and did not disclose a price, although it said the deal will not have a significant effect on its financial standing or its cash resources. Austroflex makes PEX pipes, which are a type of durable pipe. It makes pre-insulated pipes for carrying hot and cold water, and stainless steel pipes used in solar and high temperature applications. Watts makes valves for plumbing, heating and water needs. Its stock fell 4 cents to $31.33 in afternoon trading Friday. (source) Read More

Sanyo announces world's most efficient solar module

Sanyo is a major manufacturer of solar panels, with three factories in Japan, one in Hungary serving Europe, and a fifth in Mexico that serves the US market. The N series of modules are produced in Japan and consist of solar cells of the Hetero-junction with Intrinsic Thin-layer (HIT) type. HIT solar cells contain a single thin crystalline wafer of silicon surrounded by ultra-thin amorphous layers of silicon. They are characterized by high efficiency at high temperatures, and increased output power even during high summertime temperatures. The high conversion efficiency of HIT cells means more capacity can be installed compared to conventional crystalline silicon solar cells. (more) Read More
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