Refrigeration

QM Power Expands Portfolio, Launches New Variable Speed Fan Motor Control

Retrieved on: 
Friday, July 1, 2022

CHARLOTTE, N.C., July 1, 2022 /PRNewswire/ -- QM Power announced the launch of Q-Sync VS, a new line of industry-leading energy efficient variable speed permanent magnet AC (PMAC) fan motors.

Key Points: 
  • CHARLOTTE, N.C., July 1, 2022 /PRNewswire/ -- QM Power announced the launch of Q-Sync VS, a new line of industry-leading energy efficient variable speed permanent magnet AC (PMAC) fan motors.
  • Q-Sync VS adds variable speed capability to QM Power's patented Q-Sync control technology.
  • This technology eliminates all power switching when the motor operates at AC line frequency, resulting in unsurpassed motor and system operating efficiency.
  • With thisportfolio expansion, QM Power is positioned to deliver its mission: To enable a more sustainable and energy-efficient world with innovative electric motor and motor control products.

Watsco Declares $2.20 Quarterly Dividend

Retrieved on: 
Friday, July 1, 2022

MIAMI, July 01, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc.s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $2.20 on each outstanding share of its Common and Class B common stock payable on July 29, 2022 to shareholders of record at the close of business on July 15, 2022.

Key Points: 
  • MIAMI, July 01, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc.s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $2.20 on each outstanding share of its Common and Class B common stock payable on July 29, 2022 to shareholders of record at the close of business on July 15, 2022.
  • Future changes in dividends are considered in light of investment opportunities, cash flow, general economic conditions and Watscos overall financial condition.
  • Watscois the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations inthe United States,Canada,MexicoandPuerto Rico, and on an export basis toLatin Americaand theCaribbean.
  • Watsco assumes no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except as required by applicable law.

CUB RELEASES TIPS ON PREPARING YOUR HOME FOR OUTAGES

Retrieved on: 
Thursday, June 30, 2022

CHICAGO, June 30, 2022 /PRNewswire/ -- The Citizens Utility Board (CUB) on Thursday shared tips on how Illinois consumers can prepare their homes for the possibility of power outages.

Key Points: 
  • CHICAGO, June 30, 2022 /PRNewswire/ -- The Citizens Utility Board (CUB) on Thursday shared tips on how Illinois consumers can prepare their homes for the possibility of power outages.
  • "As the weather becomes more volatile, with extreme summer heat and storms, it's wise for Illinois consumers to take simple steps to always be prepared for the possibility of power outages," CUB Communications Director Jim Chilsen said.
  • CUB posted the following tips at CUBHelpCenter.com , from a number of sources, including Ready.gov and the American Red Cross.
  • Created by the Illinois Legislature, CUB opened its doors in 1984 to represent the interests of residential and small-business utility customers.

MIDEA TO BECOME LARGEST CONTRIBUTING PARTNER FOR NYCFC FOUNDATION 'CITY IN THE COMMUNITY' (CITC)

Retrieved on: 
Thursday, June 30, 2022

Besides reaching fans of NYCFC, Midea is committed to give back and is set to become the biggest contributing partner to City in the Community (CITC) the foundation proudly supported by NYCFC.

Key Points: 
  • Besides reaching fans of NYCFC, Midea is committed to give back and is set to become the biggest contributing partner to City in the Community (CITC) the foundation proudly supported by NYCFC.
  • Midea and NYCFC employees helped Midea to donate a total of 956 appliances to two South Bronx NY area shelters.
  • Last week Midea and NYCFC employees provided a helping hand and Midea donated a total of 956 appliances to two South Bronx area shelters.
  • "We're thrilled about our ongoing partnership with Midea and this new expansion of our collaborative efforts in community engagement," said Brad Sims, NYCFC CEO.

Vaxart Announces Agreement with hVIVO to Develop World’s First Human Omicron Challenge Model

Retrieved on: 
Thursday, June 30, 2022

SOUTH SAN FRANCISCO, Calif., June 30, 2022 (GLOBE NEWSWIRE) -- Vaxart, Inc. (Nasdaq: VXRT) today announced an agreement with hVIVO Services Limited, a subsidiary of Open Orphan plc (AIM: ORPH) under which hVIVO will conduct a characterization study and, if successful, develop a human challenge model based on the Omicron variant of SARS-CoV-2 with the intent to conduct a subsequent Phase II Human Challenge Trial (HCT) of Vaxart’s oral COVID-19 vaccine pill candidate.

Key Points: 
  • Vaxart is now also the first company to announce the intent to test a vaccine candidate through a COVID-19 human challenge study using the now prevalent Omicron variant, rather than the original Wuhan strain.
  • hVIVO is a specialist contract research organization (CRO) and global leader in testing infectious and respiratory disease products using HCTs.
  • We are proud to be developing the worlds first Omicron human challenge model and to welcome Vaxart as the first client of this program, said Yamin Mo Khan, Chief Executive Officer of Open Orphan.
  • Subject to the successful completion of the characterization study and receipt of relevant regulatory approvals, the Omicron human challenge trial is expected to begin in 2023.

Daikin Applied Americas' CEO Mike Schwartz Announces His Retirement

Retrieved on: 
Wednesday, June 29, 2022

MINNEAPOLIS, June 29, 2022 /PRNewswire/ -- Daikin Applied Americas announced today that President and CEO Mike Schwartz intends to retire from his position at the end of August.

Key Points: 
  • MINNEAPOLIS, June 29, 2022 /PRNewswire/ -- Daikin Applied Americas announced today that President and CEO Mike Schwartz intends to retire from his position at the end of August.
  • Mr. Schwartz has been the president and CEO of Daikin Applied Americas (DAA), a member of Daikin Industries, Ltd., since September 2011.
  • Mr. Schwartz's success was recognized with a position on the board of parent company, Daikin Industries, Ltd., in 2019.
  • Daikin Applied, a member of Daikin Industries, Ltd., designs and manufactures advanced commercial and industrial HVAC systems for customers around the world.

Generational Equity Advises Signature Mechanical in its Sale to Palen Kimball

Retrieved on: 
Wednesday, June 29, 2022

Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Signature Mechanical, Inc. to Palen Kimball, L.L.C.

Key Points: 
  • Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Signature Mechanical, Inc. to Palen Kimball, L.L.C.
  • Located in Spring Lake Park, Minnesota, Signature Mechanical (Signature) is a full-service plumbing and piping contractor serving the Twin Cities and surrounding communities.
  • Palen Kimball , (Palen) located in St. Paul, Minnesota, provides heating, cooling, refrigeration, diverse HVAC design-build and retrofitting to industrial, manufacturing, commercial, and institutional customers in Minnesota and around the world.
  • Generational Equity , Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors , Generational Consulting Group , and DealForce are part of the Generational Group , which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.

Budderfly’s Subway Pilot Shows 50% Energy Savings with New RSG Capsule Pak ECO™ Refrigeration Systems

Retrieved on: 
Wednesday, June 29, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220629005250/en/
    For the pilot, Budderfly replaced legacy refrigeration systems, made up of multiple motors and controls, with new Capsule Pak ECO systems at two Subway locations in Woodbridge and Southport, Connecticut.
  • At the Woodbridge location, Budderfly installed Capsule Pak ECO systems in the cooler and freezer; at the Southport location, Budderfly replaced the coolers existing Capsule Pak with a new Capsule Pak ECO system.
  • Capsule Pak ECO systems are sustainable and compliant with U.S. Department of Energy, California Air Resources Board, and Environmental Protection Agency SNAP (Sustainable New Alternatives Policy) standards.
  • The Capsule Pak ECO is also simple to install and requires 20% less space than legacy systems.

United States Industrial Facility Rental Market Report 2022, Featuring Obayashi, Gulf Shores Construction Services, Ceco Concrete Construction and Largo Concrete - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 29, 2022

The "Industrial Facility Rental in the US - Procurement Research Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Industrial Facility Rental in the US - Procurement Research Report" report has been added to ResearchAndMarkets.com's offering.
  • Industrial facilities include manufacturing, packaging, refrigeration and biotechnology buildings, as well as warehouses and multiuse buildings.
  • Suppliers of industrial facilities include owner-lessors and companies that rent real estate and sublease it to others.
  • Market suppliers may manage the property themselves or outsource the management responsibilities to a third party.

Pour a Cold One Anywhere with Perlick's New Mobile Tap

Retrieved on: 
Tuesday, June 28, 2022

MILWAUKEE, June 28, 2022 /PRNewswire/ -- Perlick is excited to announce the launch of their brand new Perlick Mobile Tap beverage dispensing solution on wheels. Designed with agility in mind, this portable beverage dispensing system can be easily transported between entertaining spaces and comes equipped with the elements needed to dispense your beverages from the unit itself. Perlick will offer both a commercial and residential model, so bartenders and homeowners alike can now pour drinks for guests, wherever and whenever they need, with ease.

Key Points: 
  • MILWAUKEE, June 28, 2022 /PRNewswire/ -- Perlick is excited to announce the launch of their brand new Perlick Mobile Tap beverage dispensing solution on wheels.
  • Perlick will offer both a commercial and residential model, so bartenders and homeowners alike can now pour drinks for guests, wherever and whenever they need, with ease.
  • Unlike most stationary beverage dispensing systems for the commercial or home bar, the Mobile Tap can go wherever you need it to go.
  • Our new Perlick Mobile Tap beverage dispensing units are available in four dispensing combinations.