Heatway Radiant Floors and Snowmelting has filed for Chapter 11 bankruptcy protection and announced that it has signed a letter of intent for Watts Industries to take over the company.
Heatway Systems failed to persuade a Cleveland federal district court jury in February that Goodyear Tire & Rubber manufactured defective hydronic radiant tubing.
Consolidation and increased levels of competition are challenging the U.S. residential HVAC market, according to research conducted by Frost & Sullivan.
Electronic commerce dominated the presentations at the annual convention of the Northamerican Heating, Refrigeration and Airconditioning Wholesalers Association, held Dec. 5-7 in Washington.
Lochinvar Corp., which manufactures high-efficiency water heaters, boilers and hot water storage tanks, intends to relocate its world headquarters from Nashville to Lebanon, Tenn.
Airtech International Group is launching a national media campaign directed at hospitals and medical establishments on the need for adequate indoor purification systems in their facilities.
Johnstone Supply recently restructured its
merchandising/marketing department into three divisions aligned with core
customer markets: HVAC, Commercial Refrigeration and Controls, and Appliance
Parts and Facilities Maintenance.
The Air-conditioning and Refrigeration Wholesalers International Association launched the HVAC/R Warehouse, a virtual warehouse that allows its members to sell obsolete and excess inventory over the Internet.