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CPS Products Acquires AAB Smart Tools

CPS Products Inc., a Harbour Group company, has acquired the assets of AAB Smart Tools LLC (AAB), announced Jeff Fox, Harbour Group's chairman and chief executive officer. Terms of the transaction were not disclosed.


DOE Funds Projects to Develop Electric Motor Innovations

The U.S. Department of Energy (DOE) has announced nearly $25 million for 13 projects aimed at advancing technologies for energy-efficient electric motors through applied research and development. The Office of Energy Efficiency and Renewable Energy’s (EERE) Next Generation Electric Machines projects will address the limitations of traditional materials and designs used in electric motor components by cost-effectively enhancing their efficiency, improving their performance, and reducing weight.


Renovate America Welcomes DOE’s Best Practices for PACE Financing

Renovate America, a residential Property Assessed Clean Energy (PACE) financing provider, welcomed the U.S. Department of Energy’s (DOE) issuance of best practices for residential PACE financing, saying the guidelines provide an important framework for expanding the innovative financing model nationwide. 


Government Spending Bill Excludes Investment Tax Credit for Geothermal

The Geothermal Exchange Organization (GEO) expressed extreme disappointment that the House stopgap spending bill to fund the U.S. government does not include an extension of the Investment Tax Credit for geothermal heat pumps. The expiration of these tax credits, which apply to a range of efficiency technologies, will threaten thousands of U.S. jobs.


Top Trends Driving the Commercial Refrigeration Market

The global commercial refrigeration market was valued at $34.43 billion in 2015 and is likely to reach $45.06 billion by 2020, reaching a compound annual growth rate (CAGR) of 5.53 percent during the forecast period, according to a report from Technavio. 


ExakTime Receives Patent for Wireless Field Time Clock

ExakTime’s wireless field time clock has been awarded a patent for its unique method of tracking, storing, and sending employee time records from the field to the office automatically via a cellular communication network.


ServiceBench Launches Service to Connect Companies to Parts Suppliers

ServiceBench has announced the launch of a new supply chain service that enables a direct web connection from its cloud-based service business management software platforms to suppliers of replacement HVAC, appliance, and other service and repair parts.


Acco Engineered Systems and All Area Plumbing Join Forces

Acco Engineered Systems announced that it will join forces with All Area Plumbing, a regional design-build plumbing contractor serving Southern California. Adding All Area Plumbing’s capabilities, Acco said it will strengthen its position as one of the largest mechanical contractors in the western United States.


 
 
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