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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.

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021
ACR News

Plenitude and Modine to build PV plant

Plenitude, a renewable energy production business, and Modine have signed an agreement for the construction of a new solar power plant in Pocenia (Udine). With an installed capacity of 1.585 MWp, the plant is expected to generate approximately 1.8 ...

  27-Jun-2025

Sanhua’s REVOlution for supermarket refrigeration

SANHUA is proud to present its latest innovation in refrigeration technology – the REVO series of controllers. Designed to provide a wide range of applications, the REVO controllers offer high performance and efficiency, ensuring that your refrigerated cabinets maintain optimal conditions for fresh food preservation.
  02-Apr-2025
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