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Lincoln Tech Celebrates Grand Opening in Houston, TX
Globenewswire· 2026-02-16 16:00
Core Insights - Lincoln Educational Services Corporation is opening a new campus in Houston, Texas, on February 18, 2026, focusing on career training in four growing industries: automotive, welding, electrical, and HVAC [1][2] - The Houston campus is expected to contribute to filling over 240,000 job openings projected in these fields across Texas by 2032 [1][7] - The campus aims to address skills gaps in the workforce and enhance career opportunities for graduates, reinforcing Lincoln Tech's long-standing presence in Texas since 1966 [2][6] Company Overview - Lincoln Educational Services Corporation has been a leader in specialized technical training for 80 years, providing career-oriented programs in transportation, healthcare, skilled trades, and information technology [8][9] - The company operates 22 campuses across 12 states under three brands: Lincoln College of Technology, Lincoln Technical Institute, and Nashville Auto-Diesel College [9] Training Facilities - The Houston campus features fully equipped labs and shops designed to replicate real-world conditions, preparing students for immediate entry into the workforce with the necessary technical expertise [5][6] - Programs offered include Automotive Service, Electrical & Electronics, HVAC, and Welding, all tailored to meet industry demands [5][11]
I’m an HVAC Tech with a Six-Figure Salary — 4 Reasons I Left the Office Life for Good
Yahoo Finance· 2026-02-16 12:55
Core Insights - The article discusses the transition of Bobby Gibbons from a traditional HVAC technician role to entrepreneurship, highlighting the financial, physical, and mental limitations of a 9-to-5 job [1] Group 1: Reasons for Transition - Gibbons experienced a life-changing accident that forced him to reconsider the stability of traditional employment, leading to severe physical injuries that made continuing in HVAC untenable [2] - After surgery and a period without work, Gibbons recognized the risks of relying solely on a paycheck, prompting him to leverage his industry knowledge in new ways [3] Group 2: Business Expansion - Gibbons did not abandon HVAC but instead expanded into adjacent markets, utilizing his expertise to create value without the physical demands of traditional HVAC work [3] - His passion for high-efficiency systems naturally led him to explore solar and energy solutions, resulting in significant financial success, generating over six figures in his first year [4] Group 3: Business Operations - The flexibility to make quick decisions is a key advantage of Gibbons' current business model, allowing for immediate action on problems or opportunities without bureaucratic delays [6] - Despite facing setbacks, including another accident and a hurricane, Gibbons demonstrated resilience in maintaining business operations [7]
Mitsubishi Electric to Rename Thai Subsidiary Siam Compressor Industry
Businesswire· 2026-02-16 05:00
Core Viewpoint - Mitsubishi Electric is renaming its Thai subsidiary, Siam Compressor Industry Co., Ltd., to Mitsubishi Electric Siam Compressor Industry Co., Ltd. effective April 1, 2026, to enhance global recognition and attract talent [1]. Group 1: Company Strategy - The name change aims to leverage the Mitsubishi Electric brand to strengthen global recognition and improve talent acquisition [1]. - The subsidiary develops, manufactures, and sells compressors for air conditioning and refrigeration equipment, supplying both Mitsubishi Electric group companies and other manufacturers in Thailand and beyond [1]. Group 2: Market Focus - Mitsubishi Electric Siam Compressor Industry will target the growing demand for compressors in air conditioning and refrigeration, particularly in applications such as data centers, which are expected to see significant growth [1]. - The initiative is part of Mitsubishi Electric's strategy to expand its global business and accelerate overall growth in the air conditioning and refrigeration systems sector [1].
Watsco Inc. (NYSE: WSO) Quarterly Earnings Preview
Financial Modeling Prep· 2026-02-13 19:00
Core Viewpoint - Watsco Inc. is facing a challenging market environment, with expected declines in earnings and revenue for the upcoming quarterly earnings report [2][6]. Financial Performance Expectations - Watsco's earnings per share (EPS) is estimated at $1.94, reflecting an 18.1% decline compared to the same period last year [2][6]. - Revenue is projected to decrease by 8.3% year-over-year to $1.62 billion [2][6]. - The consensus EPS estimate has been revised downwards by 8.6% over the past 30 days, indicating a reevaluation by analysts [2][6]. Market Impact - The upcoming earnings report could significantly impact Watsco's stock price, with potential upward movement if results exceed expectations, or a decline if estimates are missed [3]. Financial Metrics - Watsco has a price-to-earnings (P/E) ratio of approximately 28.63 and a price-to-sales ratio of about 2.28, reflecting the market's valuation of its earnings and revenue [4][6]. - The enterprise value to sales ratio is around 2.29, and the enterprise value to operating cash flow ratio is approximately 31.01 [4]. - The company maintains a strong liquidity position with a current ratio of approximately 3.84, indicating its ability to cover short-term liabilities [5]. - Watsco's debt-to-equity ratio is relatively low at 0.16, suggesting a conservative use of debt in its capital structure [5].
Technological Investments & Acquisitions Aid Aptiv Amid Low Liquidity
ZACKS· 2026-02-13 16:25
Core Insights - Aptiv Plc's revenue growth is driven by strategic acquisitions and investments in electrification, connectivity, and autonomy trends in the automotive sector [1][6] - The demand for advanced driver-assistance systems (ADAS) is creating opportunities for Aptiv's technological offerings [1] - The company faces challenges from a weakening global demand environment and rising operating costs, impacting profitability and scalability [2][8] Financial Performance - In Q4 2025, Aptiv reported adjusted earnings of $1.86 per share, exceeding the Zacks Consensus Estimate by 2.2% and increasing 6.3% year-over-year [3][10] - Total revenues for the same quarter were $5.15 billion, slightly above consensus estimates and reflecting a 10.8% year-over-year increase [3][10] Market Position and Strategy - Aptiv operates in a lucrative connected cars market, with increasing demand for security, personalization, and infotainment connectivity [4] - The company's "smart architecture" strategy enhances engine management and reduces power consumption, providing a competitive edge [5] - Recent acquisitions, including Wind River and Intercable Automotive Solutions, have strengthened Aptiv's position in automotive software solutions and vehicle architecture systems [6] Operational Challenges - The current ratio at the end of Q4 2025 was 1.74, slightly below the industry average of 1.81, indicating the company's ability to manage short-term debt [7] - The global semiconductor shortage is affecting vehicle production, which in turn impacts Aptiv's revenue [8] - Increased competition in the automotive industry is hindering Aptiv's profitability and innovation capabilities [8]
Lennox to Host 2026 Investor Day
Prnewswire· 2026-02-10 15:34
Core Viewpoint - Lennox will host its Investor Day on March 4, 2026, to present operational progress, strategic priorities, and long-term growth targets [1] Group 1: Event Details - The Investor Day will take place in the Dallas-Fort Worth area and will feature presentations from key executives including CEO Alok Maskara and CFO Michael Quenzer [1] - The event will start at 9:30 a.m. Central Time and will be webcast live, with a replay available afterward [1] - Attendees will have the opportunity to tour customer training, product development, and distribution facilities [1] Group 2: Company Overview - Lennox is recognized as a leader in energy-efficient climate control solutions, focusing on sustainability and creating comfortable environments for both residential and commercial customers [1] - The company's product portfolio includes cooling, heating, indoor air quality, and refrigeration systems, along with a range of HVAC parts and services [1]
60% of Gen Zers will pursue skilled trade work this year: survey
Yahoo Finance· 2026-02-10 11:43
This story was originally published on Facilities Dive. To receive daily news and insights, subscribe to our free daily Facilities Dive newsletter. Young workers and even college graduates are looking at skilled trades more than white collar work this year in a search for stability and solid pay, a survey by a resume-assistance company shows.  Six in 10 Gen Zers plan to pursue jobs in construction, electrical, HVAC, plumbing, building maintenance and manufacturing, among other trades, according to the sur ...
SPX Technologies Completes Acquisition of Crawford United
Globenewswire· 2026-02-06 13:15
Core Viewpoint - SPX Technologies has completed the acquisition of Crawford United Corporation, enhancing its HVAC capabilities with custom air-handling solutions and expanding its product portfolio [1][2][3] Group 1: Acquisition Details - Crawford United's shareholders approved the merger, with an approximate cash consideration of $83.86 per share, leading to an aggregate transaction value of around $300 million [2] - Following the acquisition, Crawford United's common stock will cease trading on the OTC Pink Limited Market [2] Group 2: Strategic Implications - The acquisition will integrate Crawford United's Commercial Air-Handling Equipment segment, which includes Air Enterprises and Rahn Industries, into SPX's HVAC portfolio, enhancing its design capabilities and manufacturing footprint [3] - SPX aims to deliver differentiated solutions and drive long-term value for customers and shareholders through this acquisition, aligning with its strategy of acquiring high-engineering content businesses [3] Group 3: Non-Core Business Strategy - Crawford United's Industrial & Transportation Products segment is considered non-core to SPX's long-term strategy and will be recorded as assets held for sale, with results reported as discontinued operations [4] - SPX plans to ensure the continued operation of these non-core businesses during the transition period while seeking suitable buyers [4] Group 4: Future Guidance - SPX management intends to provide guidance for 2026, including the impact of the acquisition, on February 24, 2026, during the Q4 2025 results announcement [5]
Carrier (CARR) - 2025 Q4 - Earnings Call Presentation
2026-02-05 12:30
Q4 2025 Earnings Conference Call February 5, 2026 2025 Q4 Earnings | February 5, 2026 2 2025 Summary | Sales | $21.7B Organic1 (1%) Y/Y | Q4 orders up >15% | | --- | --- | --- | | Adjusted operating | $3.3B | | | profit1 | (7%) Y/Y | | | Adjusted operating | 15.1% | year | | margin1 | (70bps) Y/Y | expected to be up ~50% | | Adjusted EPS1 | $2.59 | share gains | | | 1% Y/Y | | | | | expected to be up double-digits again in 2026 | | Free cash flow1 | $2.1B | | Highlights • Record CSA commercial orders, up >8 ...
Carrier Global Corporation (NYSE:CARR) Quarterly Earnings Preview
Financial Modeling Prep· 2026-02-05 12:00
Core Viewpoint - Carrier Global Corporation is preparing to release its quarterly earnings on February 5, 2026, with analysts estimating an EPS of $0.37 and projected revenue of $5.05 billion [1][6]. Group 1: Demand and Revenue - The company is experiencing strong demand in its Commercial HVAC segment and aftermarket services, despite challenges in residential demand [2][6]. - The Zacks Consensus Estimate forecasts an EPS of $0.36, reflecting a 33.33% increase from the previous year, but a 10% decrease over the past 30 days. Revenue is expected to be $5.04 billion, a 2.04% decline from the previous year [2]. - For the fourth quarter, robust demand is anticipated in the Americas for commercial HVAC, with double-digit growth in aftermarket services [3]. Group 2: Sales and Earnings Projections - Carrier Global aims for $22 billion in sales for 2025, indicating flat organic growth, and adjusted earnings of $2.65 per share, a 4% year-over-year increase [3]. - Analysts expect a decline in earnings for the quarter ending December 2025, with lower revenues, making the upcoming earnings report crucial for stock movement [4]. Group 3: Financial Metrics - The company has a P/E ratio of 13.55, a price-to-sales ratio of 2.43, and an enterprise value to sales ratio of 2.92 [5][6]. - The enterprise value to operating cash flow ratio is high at 40.15, with an earnings yield of 7.38% [5]. - The debt-to-equity ratio stands at 0.85, indicating moderate debt, and the current ratio is 1.14, suggesting reasonable liquidity [5][6].