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Emerson Profit Misses Estimates, Shares Fall

Emerson Electric Co reported lower-than-expected quarterly earnings as floods in Thailand disrupted supplies and weak European economies hurt demand. The industrial conglomerate also cut its full-year sales forecast. Emerson, whose shares fell 2.6 percent in morning trading, expects most of the pressures on its operations to be temporary. Its profit forecast was in line with … Read More »

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Comfort Systems USA Announces Acquisition

HOUSTON – Comfort Systems USA, Inc., a leading provider of commercial, industrial and institutional heating, ventilation and air conditioning (“HVAC”) services, announced that it has acquired a majority interest in Environmental Air Systems (“EAS”) headquartered in Greensboro, North Carolina. EAS is a regional mechanical contractor with principal offices in Greensboro and Raleigh, North Carolina. EAS … Read More »

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Higley Opts for Energy-Conservation Pact Despite Reservations

Higley Unified School District governing board members voted unanimously Thursday to move forward with a proposed energy-conservation program despite two members’ concerns about the bidding process. The program will upgrade infrastructure on campuses and would require the district to take out a possible $5 million low-interest loan. The contract is with Climatec, a Phoenix company … Read More »

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Air Conditioning Coming to Downtown Phoenix Light Rail Stop

As 100-plus-degree temperatures set in, a solar-powered cooling system is coming to a busy Metro light rail stop in downtown Phoenix. NRG Thermal LLC, a subsidiary of Phoenix-based NRG Energy Inc., will build a system allowing travelers to push a button at the 3rd Street/Washington light rail stop for a hit of cool air. It … Read More »

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Investors Drawn to Colorado-Based Ice Energy’s Twist on Cutting Air-Conditioning Costs

Windsor-based Ice Energy has a sophisticated business plan centered around a simple concept: Store electricity at night when it’s plentiful and use it during the day to cool buildings. The company’s Ice Bear units freeze 450 gallons of water at night and the ice melts during the day to deliver cool air through buildings’ existing … Read More »

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