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Cooling equipment manufacturer plans $29.9M expansion in Botetourt
Munters, an air treatment and climate control solutions company with its global headquarters in Sweden, plans to invest $29.95 million on a 200,000-square-foot expansion of its HVAC manufacturing facility in Botetourt County, according to a Tuesday announcement by Gov. Glenn Youngkin. The new manufacturing facility, which will be devoted to data center cooling solutions, will […]
Ferguson parent company moves primary listing to NYSE
The U.K.-based parent company of Newport News plumbing, HVAC and industrial product distributor Ferguson Enterprises LLC has transferred its primary stock listing from the London Stock Exchange to the New York Stock Exchange, Ferguson PLC announced Thursday. “We are excited to achieve this key milestone as our listing structure is now fully aligned with our […]
Frederick County insulation facility add-on to create 37 jobs
Atlanta-based Kingspan Insulation LLC will invest $27 million to expand its Frederick County operations, a project expected to create 37 jobs, Gov. Glenn Youngkin announced Wednesday. Kingspan Insulation is a division of Kingspan Group that manufactures energy efficiency and moisture management products for residential and commercial construction. The company will add a 155,000-square-foot manufac[...]
Hot times in cooling tech
As far as problems go, this was a good one to have. A year into his tenure as director of Virginia operations for Swedish manufacturer Munters Group AB, Brian Frost was seeing “explosive growth” in sales of data center cooling systems manufactured at the company’s facilities in Buena Vista and Natural Bridge. Cooling equipment keeps […]
Daikin dojos offer workforce training
In the U.S., the Japanese word “dojo” generally refers to a martial arts training space, but in recent years, the term’s also been adopted in business for workforce development. In October 2021, Daikin Applied, a Minneapolis-based commercial HVAC equipment manufacturer, expanded the training dojo program at its Verona production facility, doubling the number of welding […]
Modine expands Va. footprint, will invest $7M in Rockbridge County
Modine Manufacturing Co. will invest $7 million to convert its Rockbridge County warehouse into a manufacturing plant that will produce data center cooling solutions, creating 60 jobs, Gov. Ralph Northam announced Thursday. Headquartered in Wisconsin, Modine specializes in building thermal management systems and components and saw $2 billion in revenue last year. Modine has had […]
Data center air systems manufacturer announces $36M plant in Botetourt
Munters Group AB, a Sweden-based manufacturer of air treatment and cooling systems for data centers and other industrial applications, will invest $36 million to relocate its Buena Vista operations to Botetourt County, company and county officials announced Thursday. Munters will begin construction in April on a 365,000-square-foot manufacturing facility expected to open in summer 2022 […]
Md.-based HVAC company to acquire two Richmond firms
Columbia, Maryland-based HVAC equipment manufacturer’s representative Havtech announced Thursday it will acquire Richmond-based companies Air Conditioning Equipment Sales Inc. (ACES) and Mechanical Systems Testing & Balancing Inc. (MSTB). Terms of the transactions were not disclosed. Founded in 1971, ACES is an HVAC manufacturer’s representative for the Central Virginia, Tidewater [...]
