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Your source for breaking news in the heating industry.
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China to Subsidize Makers of Energy-Efficient Motors, Generators

une 2 (Bloomberg) -- China will provide financial subsidies for the manufacturers of high-efficiency electric motors and power generators, according to a statement today by the Ministry of Finance. (more) Read More

Star Gas buys Hoffman Fuel

Stamford-based Star Gas Partners has acquired Hoffman Fuel and its sister companies of Champion Energy Corp. for $50.2 million and estimated working capital of $11.3 million. The deal was finalized May 10 and announced in Star Gas' second-quarter earnings release. Hoffman Fuel has offices in Trumbull, Danbury and Rye, N.Y. It has been in business for more than 100 years and provides heating oil and related services to residents and customers throughout the region. Star Gas bought Hoffman as part of the Champion family of companies, which includes five other heating oil companies serving New York, Pennsylvania, New Hampshire, Maryland and northern Virginia. (more) Read More

Broken HIPS 'to cost 10,000 jobs'

Tory plans to ditch the controversial Home Information Packs will cost up to 10,000 jobs. The coalition government has made it a "top priority" to scrap the packs, designed to speed up the property-selling process. Former Tory party chairman Eric Pickles, now Communities Secretary, is thought to be drawing up plans to suspend HIPs within days. But industry experts warn the move will dump 3,000 people on the dole "overnight", with a further 7,000 at risk as work dries up. They include an army of selfemployed inspectors who spent thousands of pounds gaining professional qualifications. (more) Read More

U. K. Government confirms HIPs will be scrapped

The new coalition government confirmed yesterday that it will be retaining energy performance certificates but scrapping Home Information Packs. Mike Ockenden, director-general of the Association of Home Information Pack Providers says it anticipates that the government will not act immediately.He says: “It is not just as simple as scrapping HIPs. From our consultation with the government before the election we had agreed that a consultation on the subject would be the best approach. (more) Read More

WILO SE: continuing course of success despite of crisis

Dortmund. Despite the economic crisis, WILO SE (Dortmund) has strengthened its position. WILO SE with its 63 fully consolidated production and sales companies in 43 countries is one of the leading manufacturers of pumps and pump systems for heating, cooling and air-conditioning technology, for water supply and drainage and sewage. On 4 May of this year, Oliver Hermes, Chairman of the Executive Board of the Wilo group and responsible for Finance, Controlling and Human Resources, and Dr.-Ing. Holger Krasmann, member of the Executive Board responsible for Technology and Production presented the annual accounts 2009 at the annual press conference. (more) Read More

Home Depot charging for tax-exempt items

Retail giant Home Depot has been mistakenly charging customers seven per cent provincial sales tax on dozens of tax exempt items for the past year and a half, the company said Tuesday.In a statement issued to CTV News, the company apologized to customers that may have been impacted by the error. "We encourage customers to visit their local Home Depot store with their receipt to see if they are eligible for a refund on the PST that may have been incorrectly charged," Dan McAreavey, VP of Contract Services and Canada West Operations, wrote. "We truly value our customers and their business." The company says it has not benefitted financially from the error and that all PST collected from customers has been remitted to the B.C. government. (more) Read More

HVAC Growth Seen In March Shipments

March was a good month for water heaters in the U.S., with factory shipments of gas units up 21% and shipments of electric units up 16%, according to figures just released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).  The number of U.S. residential gas water heaters shipped in March 2010 was 421,303 units, up 21% from the 347,852 units shipped in March 2009. Residential electric water heater shipments increased 16% to 383,318 units, compared with 331,751 units in March 2009. (more) Read More

Plumber charged over carbon monoxide death

A plumber has been charged with the manslaughter of a young dance teacher who died of carbon monoxide poisoning in a shared-ownership flat.  Paul Williamson, 51, of Chaucer Gardens, Sutton, was charged on Monday with the manslaughter of 26-year-old Elouise Littlewood on or about the 27 February 2008. Ms Littlewood died in the new-build flat in Bedfont Lakes, Hounslow, that she co-owned with housing association Notting Hill. Her lodger, Simon Kilby, was found unconscious and is still in a coma. He is in a permanent non-responsive state. (more) Read More

Lennox International Reports First Quarter Results

Revenue for the first quarter was $644 million, up 11% from the prior-year quarter. Foreign exchange had a positive impact of 5 points. Diluted earnings per share from continuing operations on an adjusted basis, a non-GAAP measure, was $0.06, compared to a $0.22 adjusted loss per share in the first quarter a year ago. Diluted loss per share from continuing operations on a GAAP basis was $0.02, compared to a $0.32 loss in the year-ago quarter. "Our residential businesses realized strong double-digit growth in the quarter, and our refrigeration business returned to growth," said Todd Bluedorn, Chief Executive Officer. "While revenue in our commercial business was still down from a year ago, the rate of decline continued to slow in the quarter and profit was up. Overall for the company, the benefits from our productivity initiatives are clear, with gross margin up 330 basis points and total segment profit ... Read More

Suspect pipeline weld prompts safety checks in 25 cities

Welds on gas pipelines at 250 locations in 25 Minnesota cities are being spot-checked after a problem was discovered with work done by a welder for a contractor for Centerpoint Energy. The problem was found in a weld last fall in southern Minnesota. Centerpoint says there are no immediate safety concerns. (more) Read More
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