Refrigeration

CTL Partners With Orange EV on DOT Electric Yard Trucks

Retrieved on: 
Friday, January 26, 2024

Commercial Trailer Leasing, Inc. (CTL) announces a partnership with Orange EV to deploy pure-electric and zero-emission, DOT-compliant yard trucks throughout the United States.

Key Points: 
  • Commercial Trailer Leasing, Inc. (CTL) announces a partnership with Orange EV to deploy pure-electric and zero-emission, DOT-compliant yard trucks throughout the United States.
  • The Orange EV yard trucks along with their paired, onsite charging cabinets will be under lease with various customers within the food distribution and logistics industry segments.
  • Cutting down on downtime can be the greatest savings experienced by Orange EV operators, but additional savings come from operator turnover costs that are decreased due to the safer working environments that EV yard trucks provide.
  • Whether trucks are purchased, leased, or rented, Orange EV provides a turnkey solution including trucks, telematics, chargers, and onsite training.

LSI Industries Reports Fiscal 2024 Second Quarter Results and Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, January 25, 2024

LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for the fiscal 2024 second quarter ended December 31, 2023.

Key Points: 
  • LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for the fiscal 2024 second quarter ended December 31, 2023.
  • The Company generated free cash flow of $7.3 million in the second quarter, or nearly $44.0 million on a trailing twelve-month basis.
  • At the end of the second quarter, LSI had cash and availability on its credit facility totaling $103 million.
  • The Company declared a regular cash dividend of $0.05 per share payable on February 13, 2024, to shareholders of record on February 5, 2024.

United States Natural Refrigerants Market Report 2023: Sustainable Cooling Solutions Lead to Surging Growth - Forecasts to 2028

Retrieved on: 
Monday, January 29, 2024

DUBLIN, Jan. 29, 2024 /PRNewswire/ -- The "United States Natural Refrigerants Market Competition Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 29, 2024 /PRNewswire/ -- The "United States Natural Refrigerants Market Competition Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com's offering.
  • This growing utilization of natural refrigerants plays a pivotal role in the expansion of the United States Natural Refrigerants Market in the predicted period.
  • This collective focus on sustainability and the environment propels the growth of the United States Natural Refrigerants Market.
  • The Midwest region is projected to witness the fastest growth in the Natural Refrigerants Market, driven by regulatory requirements, market dynamics, and the increased usage of hydrocarbon and carbon dioxide refrigerants.

North American Sustainable Refrigeration Council Announces Free Refrigeration Technician Training Event in Pittsburgh, Pennsylvania

Retrieved on: 
Tuesday, January 23, 2024

The North American Sustainable Refrigeration Council ( NASRC ), a 501(c)(3) nonprofit working to advance climate-friendly natural refrigerants in supermarkets, has opened registration for their next Natural Refrigerant Training Summit in Pittsburgh, Pennsylvania March 19 – 21, 2024.

Key Points: 
  • The North American Sustainable Refrigeration Council ( NASRC ), a 501(c)(3) nonprofit working to advance climate-friendly natural refrigerants in supermarkets, has opened registration for their next Natural Refrigerant Training Summit in Pittsburgh, Pennsylvania March 19 – 21, 2024.
  • Co-hosted with Steamfitters Local 449, the free event will offer comprehensive training for refrigeration technicians on the latest natural refrigerant technologies.
  • The three-day event is open to all refrigeration technicians and will include new opportunities for hands-on training.
  • “We are fortunate to have the top refrigeration trainers at these summits,” said Danielle Wright, executive director of NASRC.

Budderfly Secures $400 Million Debt Facility from Vantage Infrastructure and Nuveen to Accelerate Mid-Market Energy Transition

Retrieved on: 
Tuesday, January 23, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240123208931/en/
    Under the terms of the transaction, Vantage and Nuveen have committed $200 million to Budderfly at close, along with an option that provides Budderfly access to an additional $200 million in financing.
  • “Successfully decarbonizing our economy will require efforts from organizations of all sizes–from established commercial giants to the millions of business owners operating in the mid-market.
  • “This investment from Vantage and Nuveen helps to fuel our approach to bring customized energy solutions to businesses with repeatable footprints, which collectively present a significant opportunity to slash emissions.
  • Energy cost savings are generated from the energy-efficient upgrades and from managing, monitoring, and optimizing Budderfly customers' energy use and demand.

F.W. Webb Moves Boston Wholesale Location and Frank Webb Home Showroom into New Facility

Retrieved on: 
Monday, January 22, 2024

Webb Company is pleased to announce that its Boston wholesale store and Frank Webb Home showroom have moved into a new facility at 101 Hampden Street , which is conveniently located just off Route 93.

Key Points: 
  • Webb Company is pleased to announce that its Boston wholesale store and Frank Webb Home showroom have moved into a new facility at 101 Hampden Street , which is conveniently located just off Route 93.
  • The new facility is adorned with a mural completed by the legendary Bronx-based graffiti artists Tats Cru.
  • Local artists Kem5 and Deme helped with the art project at the new Boston facility.
  • At the brand-new Frank Webb Home showroom, working displays will offer a hands-on experience while knowledgeable showroom consultants will be available to showcase their expertise in bath, kitchen, and lighting solutions.

Orbia’s Fluor & Energy Materials Business Koura Broadens Lower GWP Refrigerant Portfolio with Distribution of R-454B in U.S.

Retrieved on: 
Monday, January 22, 2024

de C.V. (BMV: ORBIA*) Fluor & Energy Materials business ( Koura ), one of the world’s largest producers of fluoroproducts and technologies, today announced it will distribute R-454B in the U.S. aftermarket.

Key Points: 
  • de C.V. (BMV: ORBIA*) Fluor & Energy Materials business ( Koura ), one of the world’s largest producers of fluoroproducts and technologies, today announced it will distribute R-454B in the U.S. aftermarket.
  • R-454B, commercially produced by Chemours, furthers Orbia’s commitment to expanding its lower global warming potential (GWP) product portfolio.
  • Orbia operates in the Polymer Solutions (Vestolit and Alphagary), Building and Infrastructure (Wavin), Precision Agriculture (Netafim), Connectivity Solutions (Dura-Line) and Fluor & Energy Materials (Koura) sectors.
  • Orbia Koura has 1,600 employees and 13 manufacturing facilities worldwide, serving 60 countries through a global sales and distribution network.

Energy Recovery Appoints David Moon as President and CEO

Retrieved on: 
Monday, January 22, 2024

Energy Recovery, Inc. (Nasdaq: ERII), a trusted global leader in energy efficiency technology, today announced David Moon has been named President and Chief Executive Officer of the Company.

Key Points: 
  • Energy Recovery, Inc. (Nasdaq: ERII), a trusted global leader in energy efficiency technology, today announced David Moon has been named President and Chief Executive Officer of the Company.
  • Moon has served as interim President and CEO since October 2023 and will continue serving on the Board of Directors.
  • “David is the right leader to drive our long-term growth,” said Board Chair Pamela Tondreau.
  • Moon said, “I want to thank the Board for their vote of confidence as well as Robert Mao and the entire Energy Recovery team for building a strong company that is well-positioned for continued growth.

Eco-Friendly (Green) Polyols Market Global Forecast 2018-2028, Featuring Synthesia Technology, Unisol, BASF, Cargill, Arkema, Covestro, IQS, BioBased Technologies, Emery Oleochemicals & Roquette

Retrieved on: 
Friday, January 26, 2024

Gauging the pull factors of eco-friendly polyols reveals a palpable shift in consumer preferences toward sustainable products.

Key Points: 
  • Gauging the pull factors of eco-friendly polyols reveals a palpable shift in consumer preferences toward sustainable products.
  • Eco-friendly polyols offer an ideal solution by embedding sustainability in the very fibers of automotive manufacturing processes, thus propelling market growth.
  • As industries and consumers move towards greener alternatives, the global eco-friendly polyols market is set to further entrench its importance across the global economic spectrum.
  • In this report, the Global Eco-Friendly (Green) Polyols Market has been segmented into the following categories:

Star Refrigeration to uncover next generation of industrial refrigeration and heating engineers at North's largest Apprenticeship Recruitment Fair

Retrieved on: 
Thursday, January 25, 2024

LEEDS, UK, Jan. 25, 2024 /PRNewswire-PRWeb/ -- Sustainable cooling experts Star Refrigeration will be exhibiting at the annual Leeds Apprenticeship Recruitment Fair, held at the First Direct Arena, Leeds on Monday 5th February 2024 from 1 pm – 7 pm.

Key Points: 
  • The apprenticeship recruitment fair, is the largest of its kind in the North of England, with 2024's event anticipated to welcome over 8,000 visitors.
  • Exhibiting at stand F77, Star Refrigeration will be showcasing their industrial engineering apprenticeship programme which can be completed in just three years.
  • In addition to its industrial refrigeration and heating apprenticeships, the company also provides a diverse range of apprenticeship opportunities across various departments, including administration and manufacturing.
  • To book a free ticket for the Leeds Recruitment Fair 2024, visit https://www.universe.com/events/leeds-apprenticeship-recruitment-fair-20...
    To find out more information about Star Refrigeration's current apprenticeship opportunities, visit https://www.star-ref.co.uk/home-page/careers/opportunities/engineering/