UK: Cambridgeshire-based refrigerated display case manufacturer SPG Ltd has been forced to appoint administrators after suffering from a "significant decline" in turnover.
SPG manufactured and supplied bespoke refrigerated display cases to food retailers and although having reported a £12m turnover for year ending 31 March 2014, they slipped into the red with a pre-tax loss of £219,426 after a £400,000 drop in turnover.
In the 2014 annual report, directors said the loss was largely attributable to one customer going into administration during the company's peak trading period and a particularly quiet trading period in the last quarter.
The company at the time of appointing joint administrators David Baxendale and Zelf Hussain of PwC on 28 July 2015 employed 85 staff to which the majority have since been made redundant.
Since it’s establishment in 1987, SPG had been one of the UK's leading refrigerated display cabinet manufacturers, supplying high quality, energy efficient cabinets to many of the country's most demanding retailers.
In 2009 four of the company’s operational management team, Tony David, Steve Leach, Harry Rees and Gary Smith carried out a management buy-out from owner / managing director Gary Edwards who remained in a non-executive director role during the company’s transition.
"The joint administrators are continuing to take all necessary steps to maximise the realisable value of the company's assets for the benefits of all creditors," a statement said.
"We are liaising with customers regarding outstanding orders."
UK: Consultants and contractors have a powerful new air conditioning design tool at their disposal following the launch of Design Airs by Toshiba.
The sophisticated but easy-to-use programme makes it possible to quickly produce air conditioning system designs for all types of buildings, from small applications, such as shops and restaurants, up to multi-storey office blocks and retail parks.
Building on a basic floorplan, it enables designers to quickly create complete drawings for air conditioning spaces and whole buildings, including associated pipework and wiring schematics. Toshiba’s BIM-enabled icons can be incorporated to provide data-rich files for use in total building modelling.
The intuitive system gives the ability to add advanced control options, including both onboard connectivity between units and higher level intelligent controls to dovetail with Building Management Systems (BMS). It also provides an energy modelling function, to indicate the likely consumption of power during operation for a given level of load and intensity of building usage.
The software automatically calculates refrigerant leak density limits for the occupied space in accordance with EN378, ensuring designs comply with important health and safety requirements.
A built-in intelligent design function assesses drafts for errors and potential problems, highlighting issues and suggesting remedies before final designs are prepared for tender.
Users can add their own background images to customise designs for clients in relation to specific projects, offering a bespoke selling tool to help secure contracts.
A finished design includes full product specification details for all indoor and outdoor units and ancillaries required, which can be output in the form of an equipment list for ordering, enabling quick and accurate costing for tendering purposes.
David Dunn, general manager of Toshiba Air Conditioning, says: “Producing clear and accurate air conditioning designs is obviously a vital part of the tendering process. Design Airs gives consultants and contractors a powerful but easy-to-use new tool, enabling them to create professional designs much more quickly than with existing approaches.”
He added: “The aim is to give designers a valuable commercial and technical edge in a highly competitive market. We believe Design Airs does this, and will find a ready place in the armoury of both consultants and installers in the months and years to come.”
Design Airs is part of a growing library of online support and tools being developed by Toshiba to help designers, installers and consultants streamline workflow and improve their service to clients.
The design programme can be downloaded via the Business Lounge technical support tools section of the Toshiba website. Visit here to register and then access the software: www.toshiba-aircon.co.uk/business-lounge/support/sales-tools/technical-support-tools
UK: With the help of two Fujitsu VR-II heat recovery systems, supplied by Oceanair, Orpington-based RAH Airconditioning Services has helped turn a two-storey white goods warehouse, in Beckenham High Street in south London, into state of the art offices and a laboratory.
RAH installed a 35.5kW and a 40.0kW VR-II, serving 18 Fujitsu compact cassettes; eight on the ground floor and 10 on the first floor. Wall mounted controllers are used to set the temperatures in each office and area.
A further two 7kW split cassettes were installed in the company’s laboratory. Specialist distributor Oceanair, involved from the early stages of planning the project, supplied all the equipment. Consultants employed by main contractor Alpha Building Services specified the type of systems to be used and RAH won the contract with Fujitsu equipment on cost and quality.
Says RAH director Richard Holmes: “I always give the customer the choice of equipment, but I am a big fan of Fujitsu on price and reliability.”
The building houses four companies, two of which own it through a self-investment pension portfolio and two of which are tenants.
Apart from the bathrooms and the external passages, where there is a separate heating system, the VRF air conditioning is the sole source of heating as well as cooling for the whole building.
Says Bill Rider, managing director of one of the owner companies, asbestos consultancy specialists Ayerst Environmental: “Most of the building has non-opening windows, so we needed a system that provided fresh air and air conditioning throughout.
“Also, the offices have been designed to a very high standard, so we wanted a heat source that didn’t take up any floor space, or spoil the clinical look of the building; so we went for ceiling cassettes.
“We decided to go for two separate split systems for the lab, as it has a number of hi-tech heat sources and it is vital for our systems and the staff that it be kept at a constant temperature, 24 hours a day.”
Commenting on the project, Oceanair’s managing director Tony Evanson said: “We’re delighted with the progress the new Fujitsu VRF is making, the VR-II range has been completely re-designed and is proving to be a real winner.”
To find out more about the Fujitsu range of VRF Air Conditioning systems click here
CHINA: An edge of your seat video footage has emerged of a workman inside a building in central China installing an air conditioning above a sheer drop.
In this hair-raising footage the workman can be seen carrying an outdoor unit that’s nearly as big as him, around a narrow ledge before stretching his leg out to reach across the corner to another ledge.
After one failed attempt and clearly struggling with the units weight he steps back and adjusts his footing before attempting one last leap of faith.
The full extent of this dangerous act of madness comes when the cameraman pans down showing them to be several stories up with no ground in sight.
Even after the workman makes it to the next ledge donning only a pair of socks we might add, his heels are still hanging over the edge before he finally manoeuvres the unit into position.
UK: Adcock Refrigeration and Air Conditioning has annouced the apppointment of Roy Felicien as Project Engineer. Roy joined the Adcock's Special Projects Team based out of their Pampisford office in Cambridge on 6th July and is working closely with Tim Parfitt and his team to extend their specialist refrigeration services which are among the most technically advanced in the country.
Roy is highly qualified and brings with him over 30 years of experience in refrigeration and HVAC design. Roy has been working in New Zealand for the past 10 years where he held the post of Design/Project Manager for Napier where he led a team of engineers and managed major HVAC installation projects in the commercial and public sector.
Prior to his move to New Zealand, Roy worked as the Design Manager for Denman Refrigeration Contracting Services in Surrey and before that for Carter Refrigeration and Retail Services where he held roles including Project Manager, Applications Engineer and Service Engineer.
Roy’s expertise in bespoke refrigeration design will complement the highly regarded skills of Tim Parfitt, which are among the best in the UK. The strengthened team will enable Adcock to deliver an enhanced range of specialist refrigeration services and solutions to the pharmaceutical and research and development markets, where more sophisticated refrigeration solutions are required.
USA: Leading refrigeration and air conditioning compressor manufacturer Tecumseh Products Co., has announced that it has entered into a definitive merger agreement under which an affiliate of Mueller Industries Inc. and Atlas Holdings LLC will acquire Tecumseh in a transaction valued at approximately $123 million, including the assumption of net debt.
With the proposed transaction, the new owners, Mueller Industries and Atlas Holdings, will contribute market and operational expertise, as well as capital.
“We look forward to working with Mueller Industries and Atlas Holdings to help us achieve continued growth as we provide our customers with innovative, best-in-class products and outstanding service and support,” said Harold Karp, president and chief executive officer of Tecumseh.
Under the terms of the merger agreement, an affiliate of Mueller Industries and Atlas Holdings will commence a tender offer for all the outstanding common stock shares of Tecumseh for $5.00 per share in cash, a 155 percent premium based on Tecumseh’s closing price of $1.96 per share on Aug. 4, 2015. Tecumseh’s board of directors has unanimously approved the merger agreement.
Tecumseh will remain a standalone business with its headquarters unchanged at the close of the proposed transaction. In addition, Tecumseh will continue to operate its global technology centers and manufacturing facilities in North America, South America, Europe, and Asia. Tecumseh will become a privately held company and will be delisted from the NASDAQ Stock Market, which the company said will strengthen its ability to focus on growing the business, launching new products, and enhancing customer service levels. Tecumseh’s senior management is expected to remain in place post-transaction close.
The acquisition is subject to customary closing conditions. It is expected to be completed in the third quarter of 2015.
Tecumseh Products Company is renowned for bringing an extra dimension of product innovation, customer reliance, and product quality to the air conditioning and refrigeration industry.
Tecumseh developed the first “hermetic” compressor for consumer refrigerators in 1937. As the name Tecumseh became synonymous with commercial refrigeration and central home air conditioning, they expanded their product line to include automotive air conditioning compressors in 1953. Their reputation for innovation was further enhanced in 1959 when they developed the first high-speed hermetically-sealed compressor for use in commercial applications.
There's been a great deal of coverage, debate and controversy this week about a study carried out by two Dutch scientists relating to why men are reaching for the office air conditioning controls, leaving women shivering in the workplace environment and having to don extra clothing to keep warm.
The study implies that as design conditions of modern office air conditioning are based on the resting metabolic rate of a 40-year-old man, which runs up to 30 per cent faster than a woman’s, and therefore biased towards men.
The research was particularly critical of the ANSI/ASHRAE Standard 55, the general-standard used by designers when calculating environmental conditions acceptable to the majority of occupants within a space.
The extensive coverage of this new research by leading tabloids and media channels has led to the American Society of Heating, Refrigerating and Air Conditioning Engineers (ASHRAE) to hit back by saying,
“The part of the standard they are referring to is the use of the PMV/PPD index. This method is taken from an ISO/EN standard 7730, which has existed since 1982. The basic research for establishing comfort criteria for the indoor environment was made with more than 1,000 subjects with equal amount of women and men.
“The reason why we, in some field studies, find that women prefer higher room temperature than men is attributed to the level of clothing. Women adapt better their clothing to summer conditions while men are still wearing suit and tie. So if the thermostat is set to satisfy the men, the women will complain about being too cold. In the standard, this adaption of clothing to summer is taken into account so if the standard is followed the women would be satisfied; but maybe not the men.”
The study reveals that as women feel the cold more readily than men they are more comfortable at a temperature between 24-25C, whilst men like it 2.5C colder.
Much ado about nothing springs immediately to mind. Or is it?
UK: Air Conditioning distributor AMP has joined forces with Toshiba Air Conditioning, a division official World Cup sponsor Toshiba and launched a competition to win tickets for this year’s Rugby World Cup Tournament, which takes place from September 18 to October 31, that will see 48 matches played across England and Wales.
Over the coming months, customers and prospective customers have the opportunity to win tickets for high profile matches involving England, Scotland and Wales.
Two tickets each are up for grabs for the following matches:
Thomas Dyson, amp’s Marketing Manager, said: “We are delighted to be working with Toshiba on the Rugby World Cup 2015 competition. The event has grown to become one of the world’s top sporting tournaments, with unrivalled passion and excitement.
“We are huge fans, and with tickets to some cracking big matches up for grabs, we know many customers and prospective customers will be keen to participate for the chance to be there on the day.”
Participants can have up to two entries for each set of tickets.
Entry requirements and terms and conditions for the competition can be found here http://amprugby.co.uk/competition-terms.html
For more details, call AMP on 01707 378 670, or visit www.ampair.co.uk
UK: Lord Maude, the Minister for Trade and Investment, visited A-Gas at Portbury near Bristol to hear about the company’s success in exporting products overseas.
The minister was given a presentation on the progress that A-Gas is making in the overseas markets followed by a tour of the company’s laboratory, filling operations and refrigerant reclamation areas.
Joining him on the visit was Russell Jones, International Trade Director for the South West Region, and Paul Abley of UK Trade and Investment South West.
A-Gas, founded in 1993, is a market leader in the supply of refrigerants in the UK, Australia and South Africa and has state of the art storage, blending and packaging facilities in Bristol, Cape Town and Melbourne. A-Gas is also rapidly growing its market share in Asia and the Americas. For more information visit www.agas.com
USA: Resource Data Management (RDM) have announced the appointment of Steve Moss as Senior Account Manager, residing and working in the Atlanta, Georgia area. Steve will support new and existing customers across North and South America. He has worked in both OEM and Sales positions, bringing with him over 20 years’ engineering experience in the refrigeration marketplace. This allows him to understand customer needs and relate to the challenges faced by engineers in delivering functional solutions. Continue reading...