Market News
Recent Developments
New product launches
- Super Radiator Coils , a coilsmanufacturing company, launched a new line of high-efficiency steam coils in 2022. These coils are designed to provide superior heat transfer and energy savings.
- Commercial Coils, Inc., a coils manufacturing company, launched a new line of compact steam coils in 2023. These coils are ideal for use in small spaces such as in food processing and HVAC applications.
- Madok Manufacturing Inc., a steel manufacturing company, launched a new line of stainless steel steam coils in 2022. These coils are corrosion-resistant and ideal for use in harsh environments.
Acquisition and partnerships
- In 2022, Spirax Sarco iron and steel manufacturing company acquired Heat Transfer Products, a leading manufacturer of steam coils and heat exchangers
- In 2021, Johnson Controls is a multinational conglomerate acquired York International, a major manufacturer of heating and cooling equipment
- In 2020, Alfa Laval helps enhance customers' competitiveness through world-leading sustainable solutions within the Energy, Food, Water and Marine industries acquired SPX Flow, a global leader in heat transfer technology