27 October 2009

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.

World Refrigeration Day

Industry has embraced the inaugural World Refrigeration Day (WRD) with events happening all over the world....


New R32 VRF provides complete solution

Mitsubishi Electric has launched new R32 VRF air conditioning systems to offer the UK market what it claims to be the first complete range of lower Global Warming Potential (GWP) solutions....


New NOVUS I/O Module Leads Industry 4.0 to DIN Rail

DigiRail Connect can be used as a slave device in Modbus RTU networks that have RS485 interface or as a server device in Modbus TCP networks that have Ethernet.