Stephen Yurek is the president and CEO at the Air Conditioning, Heating and Refrigeration Institute in America and he has said that the American HVAC sector is going to invest over $5 billion into research to develop refrigerants and machines over the next 10 years.
He said, “Close to $2 billion has been spent by the industry since 2009 researching energy-efficient equipment and the utilisation of low GWP-refrigerants and over the next 10 years, the HVACR industry will invest an additional $5 billion of research and development and capital expenditures to develop and commercialise low-GWP technologies.” Continue reading



It is no secret that air conditioning is a lucrative market, especially in certain US states where the hot weather means that nearly all homes and businesses have some sort of air conditioning unit installed. This is why technology giant Samsung has recently acquired two new businesses in order to expand their offerings in North America with a range of air conditioning products and ‘smart home’ solutions. 




