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Revenues down but Hussmann gains market share

INGERSOLL Rand, the US industrial group that includes Trane, Hussmann and Thermo King, has returned third quarter results 19% down compared to 2008.
Air conditioning subsidiary Trane saw third quarter revenues drop by 14%, with Ingersoll Rand's supermarket and transport refrigeration subsidiaries Hussmann and Thermo King, dropping by 27% compared with the third quarter of 2008. Much of this was due to declines in Thermo King's refrigerated trailer and truck business and sea-going container revenues.
Worldwide revenues for refrigerated display cases and contracting decreased by 25% compared with the third quarter of 2008 as slower supermarket capital expenditures, both in Europe and the US, offset market share gains by Hussmann in display cases at major national chains.

Coronavirus industry update

UPDATED 22 April: In response to the Coronavirus pandemic, manufacturers, wholesalers and distributors are issuing statements regarding their operations as the situation evolves. The most up to date information from each company is listed below and ...

  25-Mar-2020

Panasonic Aquarea Cascade provides control for up to 10 ASHPs

Premises across the world require efficient heating and cooling systems with the capability for remote monitoring, control and maintenance in a variety of applications. For Panasonic systems, Aquarea Cascade Control is a highly integrated interface ...

  08-Jul-2020

Energy Efficient Removal of Excess Heat

Evaporative Cooling and Humidity Control can be achieved through the adiabatic process to improve productivity and workers' wellbeing, as well as helping to remove excess heat generated in many industrial and manufacturing processes
  09-Jul-2020
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