SWEETWATER COUNTY The Sweetwater County Commissioners hosted a 6th cent project workshop on Thursday, in which the different entities and organizations presented their proposed projects to the commissioners, laying out their needs and priorities.

Sweetwater County Deputy Attorney, John DeLeon, said the commissioners had two main tasks for the workshop, which were to figure out priority projects, and start to think about how the proposed projects should be presented on the ballot.

The commissioners have until roughly June 2020 to have the resolution completed to go on the ballot.

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The total proposed projects heading into the workshop totaled roughly $182 million.

That just absolutely wont fly, Commissioner Randy Wendling said.

The commissioners are all in agreement of getting the 6th penny tax down to about $80 million. While Chairman Johnson is looking at $80 million as a hard cap, the other commissioners are a bit more lenient.

Commissioner Lauren Schoenfeld said $80 million feels right, while Commissioner Roy Lloyd said he would go up to $90 million if needed. Commissioner Wendling said he could go up to $95 million, and Commissioner Jeff Smith said if the justification was there, he could go up to $100 million.

Commissioner Schoenfeld said the projects that will make the biggest impact throughout the county as a whole will be given top priority in her decision making. Chairman Johnson said population of the areas the projects are taking place in has to play a key part in where the funding goes.

Commissioner Lloyd echoed Schoenfeld and Johnson, saying the top priority should be given to the projects that have the most impact on the entire county and are proportionate to the size of the community. He added that they should focus on projects that will grow the community economically.

The entities presented their projects and totals to the commissioners, and set their priority projects.

The list of amounts and projects, ordered as presented, are listed below:

According to Bairoil, the water and sewer lines break often, and costs them up to $25,000 to $30,000 to fix every time for repairs. The water projects would cost roughly $1.25 million.

The commissioners mostly agreed that they would support allocating the $1.25 million for the priority projects.

The water pipeline is over 40 years old, and similar to Bairoil, it breaks often and has costed the Town of Granger roughly $75,000 over the last four years to repair. The Hams Fork River extension is needed during the construction of the water intake pipeline, so the projects go hand in hand. The cost of these two projects would cost just under $2 million.

Johnson, Schoenfeld, and Wendling said they would give about $1.3 to $1.8 million for their priority projects. Commissioners Lloyd and Smith were undecided.

Proposed Sponsored Projects

With a six-month waiting list for childcare, and with the YWCA being one of the only places in the county that takes infants as young as 6-weeks old, they are in need of expanding their building and program.

Commissioners Lloyd, Schoenfeld, and Johnson were in support of funding the YWCAs intiative.

The airport funding is a local match for an $18.5 million terminal modernization project. However, the grant for the project could come through anytime between now and the next few years, so the 6th penny money may not be used immediately if granted.

The commissioners were all unsure about funding this project, however, Chairman Johnson leaned towards not funding it, as the funds might not be used for several years.

According to Heather Anderson, one of the main organizers behind the multi-use recreation facility project, there is limited gym space in Rock Springs between 4 and 9 pm. Rather than a complete recreation center, the facility would be a field house where different activities and organizations can book gym space more easily.

Anderson said the facility would be a quality of life project, and she would not mind if it went onto the ballot as its own initiative. She hopes the project would increase the amount of sporting events and tournaments the county could host, which would increase the amount of revenue coming into the county.

Rock Springs Councilman Rob Zotti said the estimated revenue presented to the City of Rock Springs would be $450,000 each year. He said he is skeptical of that estimate, but thats what has been estimated.

Commissioner Lloyd said he understands that Green River has less people and less demand, but pointed out that Green River has made due with gym space. He said he has received several calls in support of this project, but that he still struggles to see the priority of the project.

Chairman Johnson however, has had many calls against this project. Commissioner Smith said that whether or not the calls have been in support or against, they have heard a lot of feedback from the community on this one initiative. Due to this, he believes the county may want to present it on the ballot and leave it up to the residents to vote yes or no.

Superior currently only has one reliable well, so an additional well is needed. The original water pipes were placed about 35 years ago and are nearly at their life expectancy.

The commissioners all supported funding this in full.

Wamsutter got half of the Gateway West impact funding that the county went after recently, however, none of those funds went towards these projects. Chairman Johnson expressed his disappointment that they did not include these projects on their list when they went after that funding.

Wamsutter Mayor Joe Erickson said at some point, the smaller communities in Sweetwater County have to start making improvements if they want to increase residency. He said the industrial loop and the water lines projects go hand in hand, as the water lines must be replaced while they are repairing the industrial loop.

Commissioner Wendling supported funding the top two priority projects. The rest of the commissioners said cuts needed to be made but were not sure where to make those cuts yet.

For the operating room to meet regulatory requirements, the HVAC units will have to be replaced at the same time of renovations. The commissioners are leaning towards support funding MHSC in full. Chairman Johnson and Commissioner Lloyd both pointed out that the hospital benefits the entire county, so it has the most impact.

Entities that are not municipalities cannot go for 6th penny funding on their own, so they must be sponsored by a municipality. The county said they could sponsor MHSC.

Chairman Johnson and Commissioners Lloyd and Smith supported funding the hospitals initiative in full. Commissioners Schoenfeld and Wendling said they would support funding the top two projects for sure, and possibly the third.

The Events Complex initially presented the commissioners with a $24 million proposal, and have since scaled back to these three projects.

Zotti, who also serves on the fair board, noted that the Events Complex is the one thing the county has that makes Sweetwater a destination community. Therefore, there are not only quality of life benefits attached to the complex, but economic benefits as well.

At this time, Chairman Johnson and Commissioner Smith support funding the Events Complex in full. Commissioners Schoenfeld, Lloyd, and Wendling support funding the priority projects, and are open to funding the third project as well.

The county would like to sponsor the Events Complex.

The sewer collection system has several structural issues that has been causing clogging and backups. The lagoon has extensive solid accumulation, capacity overflow, and is currently violating OSHA standards. Therefore, the lagoon must be improved.

Current sewer rates in Reliance is $60, whereas the target range is $20 to $30. With 6th penny funding, they could make improvements to the collection system and lagoon, and lower rates to about $27.

As of now, all the commissioners support funding these proposals in full. The county would like to sponsor this initiative.

The sewer line would allow for growth in the Jamestown area, as it would provide wastewater transfer for developers. The commissioners are all in support of this project, and would like to sponsor it.

The existing clinic was built 40 years ago, and they had outgrown that facility, according to CRHD CEO Bailie Dockter. The construction of the new facility will be completed in Winter 2020. Inititally, they were trying to pay for the new clinic through debt services, and the projected pay off date for that is 40 years.

If they received 6th penny funding, they would be able to use other money to increase services offered by hiring more providers. They would like to expand hours to include weekends, and they would like to bring in behavioral health services.

Chairman Johnson said he would like to get CRHD on the ballot, but suggested they get $1 million instead of their full proposal. The other commissioners agreed they would like to see them on the ballot but were unsure of how much funding to allocate at this time.

Green River Mayor Pete Rust said the council believes the 6th penny funding is the tool they have available to the community to get necessary projects done.

We dont need to apologize for coming in and asking for the needs that we have identified and believe in, Mayor Rust said.

Green River City Administrator, Reed Clevenger, said they narrowed down infrastructure projects to what they believe they can get done on a 4-year timeline.

Setting Priorities

Chairman Johnson said the commissioners had a hard time telling what the citys priorities were. Clevenger said roads and infrastructure are the priorities, but that they need to know how much funding theyll be given to determine which projects can be done.

You telling me you have $80 million or $90 million still doesnt do me any good. Are you doing it off of people base, tax base, or what weve done in the past? Clevenger said.

Johnson said if the commissioners knew the citys priorities, that would influence the amount of money they would allocate to the City of Green River.

Clevenger said the proposed projects in their entirety are the citys priorities.

Commissioner Smith said $44 million is over half the 6th penny budget and that the commissioners are probably not going to be comfortable with allocating that much to one community.

Clevenger said they would have to go back to council and figure out priorities, which Commissioner Schoenfeld asked them to do as soon as possible and send their priorities to her.

Until the priorities are set, the commissioners are unsure how much they would like to allocate to the City of Green River.

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Commissioners Host 6th Penny Workshop to Start Prioritizing Projects - SweetwaterNOW.com

As Diversified Machinery businesses, Tennant Company (NYSE:TNC) and Ingersoll-Rand Plc (NYSE:IR), are affected by contrast. This especially applies to their dividends, analyst recommendations, profitability, risk, earnings and valuation, institutional ownership.

Earnings and Valuation

Table 1 shows top-line revenue, earnings per share (EPS) and valuation of the two companies. Ingersoll-Rand Plc appears to has higher revenue and earnings than Tennant Company. Business that currently has a higher P/E ratio means that it is the more expensive of the two businesses. Tennant Companys currently higher P/E ratio means it is more expensive than Ingersoll-Rand Plc.

Profitability

Table 2 represents Tennant Company (NYSE:TNC) and Ingersoll-Rand Plc (NYSE:IR)s return on equity, net margins and return on assets.

Risk & Volatility

Tennant Companys 1.24 beta indicates that its volatility is 24.00% more volatile than that of Standard and Poors 500. Ingersoll-Rand Plcs 1.23 beta is the reason why it is 23.00% more volatile than Standard and Poors 500.

Liquidity

The Current Ratio and Quick Ratio of Tennant Company are 1.8 and 1.2 respectively. Its competitor Ingersoll-Rand Plcs Current Ratio is 1.3 and its Quick Ratio is 0.9. Tennant Company can pay off short and long-term obligations better than Ingersoll-Rand Plc.

Analyst Recommendations

The table shown features the ratings and recommendations for Tennant Company and Ingersoll-Rand Plc.

On the other hand, Ingersoll-Rand Plcs potential upside is 3.35% and its consensus price target is $138.71.

Institutional & Insider Ownership

The shares of both Tennant Company and Ingersoll-Rand Plc are owned by institutional investors at 92.5% and 84.2% respectively. Insiders owned roughly 1.4% of Tennant Companys shares. Insiders Comparatively, owned 0.3% of Ingersoll-Rand Plc shares.

Performance

In this table we show the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

For the past year Tennant Company was more bullish than Ingersoll-Rand Plc.

Summary

Ingersoll-Rand Plc beats Tennant Company on 11 of the 14 factors.

Tennant Company designs, manufactures, and markets cleaning solutions. It offers floor maintenance and outdoor cleaning equipment, detergent -free and other sustainable cleaning technologies, aftermarket parts and consumables, and specialty surface coatings. The company also provides equipment maintenance and repair services; and business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and other environments. The company markets its products to contract cleaners, businesses, and various governmental entities through direct sales and service organization, as well as through a network of authorized distributors under the Tennant, Nobles, Green Machines, Alfa Uma Empresa Tennant, IRIS, and Orbio brands worldwide. Tennant Company was founded in 1870 and is headquartered in Minneapolis, Minnesota.

Ingersoll-Rand plc designs, manufactures, sells, and services industrial and commercial products. It operates through Climate and Industrial segments. The Climate segment offers building management, bus and rail HVAC, control, container and cryogenic refrigeration, diesel-powered refrigeration, ductless, geothermal, package heating and cooling, rail and self-powered truck refrigeration, temporary heating and cooling, trailer refrigeration, unitary, and vehicle-powered truck refrigeration systems. This segment also provides aftermarket and OEM parts and supplies, air conditioners, air exchangers and handlers, airside and terminal devices, auxiliary power units, chillers, coils and condensers, gensets, furnaces, heat pumps, home automation, humidifiers, hybrid and non-diesel transport refrigeration solutions, indoor air quality, industrial refrigeration, motor replacements, performance contracting, refrigerant reclamation, thermostats/controls, transport heater products, and water source heat pumps. In addition, this segment offers energy and facility management, installation contracting, rental, and repair and maintenance services; and service agreements. The Industrial segment provides air treatment and separation, engine starting, ergonomic material handling, fluid handling, precision fastening, and mobile golf information systems; and compressors, airends, blowers, dryers, filters, golf vehicles, hoists, fluid power components, power tools, pumps, rough terrain vehicles, utility and low-speed vehicles, and winches, as well as aftermarket controls, parts, accessories, and consumables. The company markets and sells its products under the American Standard, ARO, Club Car, Nexia, Thermo King, and Trane brand names through sales offices, distributors, and dealers in the United States; and through subsidiary sales and service companies with a supporting chain of distributors worldwide. Ingersoll-Rand plc was founded in 1872 and is headquartered in Swords, Ireland.

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Comparison of Tennant Company (TNC) and Ingersoll-Rand Plc (NYSE:IR) - The Broch Herald

The historic legislation makes New York the first city in the world to place hard limits on the emissions of large buildings, and it has been touted by supporters as being the most ambitious climate legislation enacted by any city to date.

For building owners, the new laws mean new requirements for everything from building emissions to roof materials, and while some of the changes go into effect years in the future, others start as soon as this fall. The time to become familiar with the new rules is now, as achieving compliance may take substantial advance planning and budgeting, and, especially for older buildings, no small measure of ingenuity.

What Is the Most Important Thing to Know about the New Legislation?The centerpiece of the Climate Mobilization Act is Local Law 97 of 2019, which requires certain large buildings in the city to drastically cut carbon emissions to meet successively lower targets, beginning in 2024. More about that later. What owners should focus on first is Local Law 92 and Local Law 94, which go into effect much sooner (November 2019) and apply to more buildings (nearly all of them).

Local Laws 92 and 94 mandate that roofs on new construction, new roofs resulting from the expansion of existing buildings, and roofs undergoing complete replacement including the roof deck be covered with either solar panels or a green (vegetated) roof system. Replacing the entire existing roof deck or roof assembly will trigger compliance with these new laws. Although exceptions are granted for Fire Code compliance access, small terraces, recreational spaces, and areas housing rooftop equipment, 100 percent of the remaining roof areas are now considered sustainable roofing zones and must be equipped with a solar photovoltaic system or a vegetated roof assembly or both.

Steep-slope roofs are exempt from the green roof requirement, but if they can accommodate at least 4kW electricity generating capacity, they must have solar panels. Historic buildings subject to Landmarks Preservation Commission (LPC) regulations are NOT exempt from Local Laws 92 and 94, but the proposed assembly must first be approved by the LPC before being submitted to the DOB for permit approval.

For all buildings, roof areas unfavorable to either a vegetated or a photovoltaic assembly, as in cases where the building structure cannot support the added weight, may receive an exemption.

Even for some roof projects that dont involve full roof assembly or roof deck replacement, the law increases solar reflectance requirements for low-slope roofs and establishes minimum solar reflectance for steep-slope roofs. Certain materials, including glass, metal, clay, and concrete tile, are exempt, as are small roofs and minor setbacks. However, the requirements for solar reflectance are not only more stringent, they apply to many more buildings and roof types than in the past.

For building owners, this means that imminent roof assembly and roof deck replacements, as well as building expansions and new construction projects, need to comply with Local Laws 92 and 94. Solar arrays and green roofs may require structural modifications to accommodate the additional weight, so owners should factor this into their budgeting and timeline.

While both types of assemblies can mean long-term energy cost savings, the up-front expense, as compared with traditional roof systems, can be substantially greater. Owners planning expansions, roof replacements that include the roof deck, or new construction should start preparing now for the new design considerations and address any obstacles to compliance.

Projects with construction documents approved on or after November 15, 2019 will be subject to the new requirements.

What Is All the Buzz about Emissions?Replacing New Yorks heat-absorbing, impermeable roofs with the improved stormwater management, habitat creation, thermal regulation, and electricity-generating capacity of vegetated and solar assemblies is a big boon to the environment. Still, the real showpiece of the Climate Mobilization Act is the mandate to drive down the emissions of the citys biggest polluters: large buildings.

According to the Urban Green Council, buildings larger than 25,000 square feet represent just 2% of the citys building stock yet account for up to half of all building emissions. Since buildings are responsible for nearly 70% of overall carbon emissions, driving down emissions from the worst offenders will substantially contribute to meeting the citys climate goals.

Local Law 97 of 2019, along with the related amendments in Local Law 147, requires buildings over 25,000 square feet or two or more buildings on the same tax lot exceeding 50,000 total square feet to cut carbon emissions 40% overall by 2030 and 80% by 2050.

Buildings with rent-regulated units and other types of affordable housing, as well as houses of worship, are exempt from the cap, though they must implement a set of prescriptive energy-saving measures. Non-profit healthcare facilities, including hospitals, can apply for a percent reduction in the emissions limit.

Emissions targets are based on NYC Building Code occupancy groups, with mixed-use facilities having limits that reflect the balance of space usage. The law establishes two compliance phases, with an initial period of 2024-2029 and significantly more stringent emissions limits after 2030. The newly established Office of Building Energy and Emissions Performance (OBEEP) at the NYC Department of Buildings is charged with updating and enforcing these requirements.

Carbon offsets, renewable energy credits (RECs), and carbon trading are included in the law as alternate compliance options and may help building owners meet the emissions targets as they work to implement necessary upgrades. Hardship waivers, as well as emissions limit adjustments for buildings facing outsized emissions reductions, are also included in the legislation to ease the way forward in challenging circumstances.

Still, penalties are steep. Exceeding the emissions cap will cost building owners $268 for each metric ton over the limit, annually. Failure to file a report incurs a fine of 50 cents per building square foot per month, and a report found to be false constitutes a misdemeanor and carries a $500,000 fine. All of which is to say, the law has teeth.

How Are Owners Going to Pay for This?In early July 2019, NYC legislators tripled the property tax abatement for green roofs from $5.23/sf to $15/sf and extended the abatement to 2024 (see NY State Senate Bill S5554B). That will help owners recoup some of the cost of green roofs mandated by Local Laws 92 and 94.

Local Law 96 establishes a sustainable energy loan program, Property Assessed Clean Energy (PACE), to provide low-interest, fixed-rate loans for renewable energy systems and efficiency retrofits. Tied to a property, rather than to an owner, the repayment obligation is transferrable when a property changes ownership, so those planning to sell a property before energy savings recoup initial costs can still implement upgrades.

What Else Is Included in the Climate Mobilization Act?Besides the green/solar roof mandate, the building emissions cap, and the PACE program, the legislative package also includes Local Law 95, which changes the way Energy Efficiency Grades for buildings are determined. Many more buildings will now be labeled with a grade of D, the lowest, though a few more may now see an A grade under the new distribution.

Also included are Local Law 98, establishing design and maintenance standards for large wind turbines, and Local Law 99, a mandate to evaluate the feasibility of replacing in-city, gas-fired power plants with battery storage systems powered by renewable energy sources.

To improve availability of information on vegetated roofs, Local Law 93 requires the NYC Office of Alternative Energy to post green roof resources on its website.

What Should Building Owners Do Now?Look for Energy Leaks. Before investing in expensive HVAC overhauls to drive down emissions, owners should conduct an assessment of the building enclosure to determine where performance improvements can be made. Upgrading heating and air conditioning before making changes to windows, exterior doors, roofs, and other building envelope systems may mean spending more on oversized HVAC equipment thats not really needed. If heating and cooling are literally going out the window, the system must work harder to keep the building comfortable.

Factor in New Green/Solar Roof Requirements. For those planning roof assembly or roof deck replacements, building expansions, or new construction projects, the new roof may need to comply with the mandate on vegetated and/or solar photovoltaic assemblies. Owners should check with a design professional to determine what may be required.

Investigate Financing Options and Incentives. To determine what options are available to cover the cost of mandated upgrades, owners can begin exploring PACE financing, green roof tax abatements, and other incentives.

Keep Abreast of Changes in the Law. As the new Office of Building Energy and Emissions Performance is established, new guidelines and clarifications will likely be issued. The best thing owners can do at this point is to stay in contact with their architect/engineer, energy consultant, and financial and legal advisors to keep tabs on how the evolving Climate Mobilization Act will impact their buildings.

ResourcesNYC Council web page on the Climate Mobilization Act: https://council.nyc.gov/data/green/NYC Office of Sustainability FAQs on Local Laws 92 & 94: https://be-exchange.org/wp-content/uploads/2019/10/20191001-LL92.94-Sust...Building Energy Exchange Climate Mobilization Act Overview: https://be-exchange.org/insight/the-climate-mobilization-act-int-1253/Urban Green Council guide to NYC Building Emissions Law: https://www.urbangreencouncil.org/content/projects/all-about-nycs-histor...New York City Retrofit Accelerator: https://retrofitaccelerator.cityofnewyork.us/

For more information, contact Hoffmann Architects at (800) 239-6665 or visit http://www.hoffarch.com.

Founded in 1977, Hoffmann Architects specializes in the rehabilitation of the building envelope. The firms work focuses on the exteriors of structures, resolving deterioration within parking garages, facades, roofs, windows, plazas, and historic/landmark structures. Our technical professionals investigate and correct damage resulting from time and weather, substandard construction, design defects, material failures, poor workmanship, structural movement, and stress.

Material provided in this bulletin is for informational purposes. Before taking action, consult a design professional.

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What building owners and AEC teams need to know about New York's Climate Mobilization Act - Building Design + Construction

Ingersoll-Rand (NYSE:IR) was downgraded by Zacks Investment Research from a hold rating to a sell rating in a research note issued to investors on Monday, Zacks.com reports. They presently have a $138.00 target price on the industrial products companys stock. Zacks Investment Researchs price objective indicates a potential upside of 7.74% from the companys previous close.

According to Zacks, Year to date, Ingersoll-Rand's shares have outperformed the industry. The company believes that stellar sales generated from the Commercial and residential HVAC markets will bolster revenues in the quarters ahead. Further, an effective operating system, pricing actions, investments on innovation and the Precision Flow Systems buyout are expected to boost profitability. For 2019, it expects adjusted earnings per share of $6.40. The company anticipates revenue growth of 5.5-6.5% for the year. However, material cost inflation, tariff-related woes and high debts will likely affect its performance in 2019. Interest expenses from senior notes offered in March 2019 are predicted to be $60 million ($47 million will be incurred in 2019). In the past 60 days, earnings estimates have declined for the fourth quarter of 2019 and the first quarter of 2020.

A number of other research analysts have also recently issued reports on the company. BMO Capital Markets set a $145.00 price objective on Ingersoll-Rand and gave the company a buy rating in a research note on Monday, November 4th. Barclays reissued a buy rating and issued a $134.00 target price on shares of Ingersoll-Rand in a research note on Friday, October 4th. Stephens cut Ingersoll-Rand from an overweight rating to an equal rating in a report on Monday, October 7th. Deutsche Bank lowered Ingersoll-Rand from a buy rating to a hold rating and reduced their price target for the stock from $137.00 to $135.00 in a research report on Tuesday, October 29th. They noted that the move was a valuation call. Finally, KeyCorp lifted their price target on Ingersoll-Rand from $135.00 to $140.00 and gave the stock an overweight rating in a research note on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the companys stock. The stock presently has a consensus rating of Buy and an average target price of $135.25.

Shares of IR opened at $128.09 on Monday. The firm has a market cap of $30.59 billion, a price-to-earnings ratio of 22.83, a PEG ratio of 1.91 and a beta of 1.22. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.88 and a current ratio of 1.28. Ingersoll-Rand has a fifty-two week low of $85.15 and a fifty-two week high of $132.42. The firm has a 50 day moving average price of $126.33 and a 200-day moving average price of $122.97.

Ingersoll-Rand (NYSE:IR) last released its earnings results on Tuesday, October 29th. The industrial products company reported $1.99 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.91 by $0.08. The company had revenue of $4.16 billion for the quarter, compared to analyst estimates of $4.30 billion. Ingersoll-Rand had a net margin of 8.38% and a return on equity of 21.72%. The firms quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.75 EPS. As a group, equities research analysts predict that Ingersoll-Rand will post 6.4 earnings per share for the current year.

In other news, SVP Keith A. Sultana sold 7,010 shares of the businesss stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $125.00, for a total transaction of $876,250.00. Following the transaction, the senior vice president now directly owns 19,608 shares of the companys stock, valued at $2,451,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Marcia J. Avedon sold 7,450 shares of the companys stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $129.00, for a total value of $961,050.00. Following the transaction, the senior vice president now owns 99,075 shares of the companys stock, valued at approximately $12,780,675. The disclosure for this sale can be found here. Corporate insiders own 0.71% of the companys stock.

A number of hedge funds have recently made changes to their positions in the stock. FDx Advisors Inc. bought a new position in shares of Ingersoll-Rand in the 2nd quarter worth approximately $226,000. Whittier Trust Co. lifted its position in Ingersoll-Rand by 3.3% during the second quarter. Whittier Trust Co. now owns 4,770 shares of the industrial products companys stock valued at $604,000 after buying an additional 154 shares during the period. Commerzbank Aktiengesellschaft FI lifted its position in Ingersoll-Rand by 133.0% during the second quarter. Commerzbank Aktiengesellschaft FI now owns 5,143 shares of the industrial products companys stock valued at $651,000 after buying an additional 2,936 shares during the period. Quadrant Capital Group LLC lifted its position in Ingersoll-Rand by 103.3% during the second quarter. Quadrant Capital Group LLC now owns 1,813 shares of the industrial products companys stock valued at $224,000 after buying an additional 921 shares during the period. Finally, Greenleaf Trust boosted its holdings in shares of Ingersoll-Rand by 5.0% during the 2nd quarter. Greenleaf Trust now owns 2,938 shares of the industrial products companys stock valued at $372,000 after buying an additional 140 shares in the last quarter. 78.92% of the stock is owned by institutional investors.

About Ingersoll-Rand

Ingersoll-Rand Plc designs, manufactures, sells, and services industrial and commercial products. The company operates through Climate and Industrial segments. The Climate segment offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality; industrial refrigeration; motor replacements; refrigerant reclamation; thermostats/controls; transport heater products; and water source heat pumps.

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Ingersoll-Rand (NYSE:IR) Rating Lowered to Sell at Zacks Investment Research - TechNewsObserver

Roughly 85 percent of recently installed HVAC systems in K-12 classrooms investigated in California did not provide adequate ventilation, according to a study from the University of California, Davis, and Lawrence Berkeley National Laboratory (Berkeley Lab).

For the study, published in the journal Building and Environment, researchers visited 104 classrooms in 11 schools throughout California that had been retrofitted with new heating, ventilation and air conditioning, or HVAC, units in the past three years. They evaluated the HVAC systems, carbon dioxide concentrations, and indoor temperature and humidity through field inspections, monitoring, and a teacher survey.

Previous research has shown that under-ventilation of classrooms is common and negatively impacts student health and learning, explained lead author Rengie Chan, a research scientist with Berkeley Lab. What isnt known, however, is why this problem is so widespread and persistent.

Ventilation helps remove indoor air pollutants such as volatile organic compounds, including formaldehyde, which can off-gas from building materials, finishes and furniture. There is also increasing evidence that CO2 exhaled by building occupants is an indoor pollutant that can affect cognitive performance. This is particularly important in classrooms, where lots of people gather in a small space.

Standards for ventilation rates balance indoor air quality and energy efficiency. ASHRAE, a global professional society that sets standards for building performance, specifies a minimum ventilation rate for classrooms of 15 cubic feet per minute per person. In California, the 2016 Building Energy Efficiency Standards, also known as Title 24, have the same ventilation requirement for classrooms.

Using measured CO2 concentrations and the number of people in the classroom, researchers found only about 15 percent of classrooms met the ventilation standard. Researchers characterized each HVAC system by documenting the number of problems due to its hardware, controls and filter maintenance. Classrooms with one or more HVAC problems tended to have lower ventilation rates and higher CO2 levels.

In addition to ventilation, thermal comfort impacts student performance. In this study, about 60 percent of the classrooms were warmer than the recommended average maximum temperature range of 73 F. Also, 30 percent of the teachers surveyed were dissatisfied or very dissatisfied with the temperature in their classroom, and about 10 percent said the temperature interfered a lot with the learning environment.

Our study shows that proper installation, operation, and maintenance of HVAC systems is necessary to provide adequate ventilation in classrooms, said co-author Theresa Pistochini, engineering manager at the UC Davis Western Cooling Efficiency Center.

The Division of the State Architect provides oversight of construction projects, but many HVAC replacement projects are exempt from their review. Yet these projects must still meet Title 24 requirements. This puts the onus of ensuring compliance on school districts.

There are nearly 1,000 school districts in California, Pistochini said. With limited resources, it is unrealistic to expect that school district personnel be adequately trained to ensure compliance. Increased oversight of HVAC replacements, or other ways to address widespread inadequate ventilation in California classrooms, are needed, likely through state intervention.

Researchers recommend the following actions to improve ventilation rates in classrooms:

Millions of California children spend a large portion of their day indoors at school. Ensuring adequate classroom ventilation will help protect and support the health and well-being of students and teachers.

Additional study authors include Xiwang Li and Brett Singer of Berkeley Lab, and David Vernon, Sarah Outcault, Angela Sanguinetti and Mark Modera of UC Davis.

The study was supported by the Electric Program Investment Charge, managed by the California Energy Commission.

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Are students breathing good air? - University of California

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Residents of Sequim and Port Angeles and neighborhoods around those cities might now qualify for grants to replace old, uncertified wood stoves with cleaner home heating systems.

The Olympic Region Clean Air Agency (ORCAA) secured a Wood Smoke Reduction grant from the state Department of Ecology to provide wood stove replacement rebates for the more densely populated areas of Clallam County.

One of the primary pollutants within ORCAAs jurisdiction is fine particulate matter (PM2.5) and the main source of that pollutant is burning, according to a press release from the agency.

With the removal of just 60 uncertified wood stoves from the community, residents will reduce emissions by 10 tons of PM2.5 per year, Dan Nelson, public information officer for ORCAA, said in the release.

The Wood Stove Replacement Incentive is available for residents of the most densely populated regions of Clallam, Mason and Thurston counties who burn at least one cord of wood per year.

To verify address eligibility, see here: bit.ly/Woodstove-replacements.

Residents who live in qualifying locations must remove and destroy one or more pre-2000 certified wood stoves, pre-2000 certified fireplace inserts, uncertified wood stoves and uncertified fireplace inserts.

Available rebates are:

$1,200 for installation of any natural gas, propane or electric heating system.

$1,800 for installation of heat pumps, including Ductless Heat Pumps (DHP).

$750 for installation of pellet stoves.

Residents who simply want to remove and destroy an old, uncertified wood appliance without installing a new gas or electric appliance might qualify for a $500 bounty.

To participate in the program, contact your local hearth products dealer or HVAC installer. ORCAA works with those contractors, making it easier for the consumer.

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Funds offered to some Clallam County residents to cut wood smoke - Sequim Gazette

HVAC Replacement Preparations

If youre considering HVAC replacement, chances are that this is your first time facing such a project and youre not quite sure what to expect. Thats why weve come up with all the helpful information youll need, from working with an HVAC contractor and installer to tips that will help you prepare your home before the HVAC replacement project begins.

Compare local contractors with ourHVAC Contractors Near Me page to compare quotes from reliable heating and cooling contractors in your area.

Before you start the replacement, its recommended that you get up to four HVAC replacement installation cost estimates from reputable HVAC contractors or companies. Upon arriving at your property, the HVAC contractor will measure square footage and perform load calculations based on your areas climate, the size of your property and condition of the structures envelope, or its ability to contain conditioned air. After completing the assessment, the contractor will recommend the size and type of HVAC system, as well as any necessary repairs to your current ductwork and/or exterior envelope. The recommended AC installation may include upgrading attic or crawl space insulation, resealing of windows and doors, or repairing breaches in exterior walls where conditioned air might escape. Your HVAC installation contractor may recommend the best air conditioner for your home based on tops brands, your budget, and the energy efficiency rating you are hoping to find in a new AC unit.

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It is recommended when replacing one part of the system, whether the HVAC compressor or the air handler, to update both systems and, at a minimum, have the ductwork inspected in case it needs replacing. Although only one part of your system may need replacing, its recommended that you replace the entire system to maintain maximum system efficiency. Replacing the entire HVAC system means spending more money upfront but youll save money in the long run because your entire HVAC unit will be in sync.

The following chart is an estimation for tonnage coverage based on the square footage of your property. Youll also want to take into consideration the climate where your property is located to ensure you have appropriate tonnage to handle the varying temperatures in your area. A qualified HVAC contractor will be able to figure this out for you more accurately, bu here is a helpful chart so you can know what to expect:

Before buying for HVAC replacement, do your research on the best type and size unitfor your property. Purchasing a unit that is too large or too small for the square footage of your home or business is not energy efficient, which results in higher utility bills. Check the energy efficiency ratings on the label and whether the product is certified by Energy Star to ensure you buy the system that will work at maximum efficiency, year-round, and save you money throughout the lifespan of the system.

Youll want to know these terms before deciding on the best replacement HVAC unit for your home.

* Keep in mind when shopping for a new HVAC, while units with a higher HSPF and SEER rating than the current standard will cost more, you will have a better return youll have on your investment over time

There are several things you can do before the installation crew arrives that can speed up the process. Move valuables such as antiques and irreplaceable objects to a safe location. Many contractors are uncomfortable when asked to move expensive items from work areas, as they do not want to be liable in the case of an accident. In addition, if you have pets, move them to a safe, quiet location away from expected work areas.

Now that the estimate is complete and you have chosen an HVAC contractor and new system based on their recommendations, youre ready to move forward with the installation. While most HVAC system replacements can be completed within a day, some more advanced additions could extend the installation into the next day. Upon arriving at your property, the HVAC contractor and crewusually one or two assistantswill assess the job site and begin setting up their work areas.

First, the crew will protect all flooring in applicable work areas by laying drop cloths and/or protective paper. Next, they should move furniture and other household belongings near the work areas to a safe location and out of the way. Because there may be some dust created during the installation, heavy furniture and other household items that cannot be moved should be covered with plastic for protection. After ensuring all flooring and household items are protected, the crew will bring in their tools and begin the project.

Before replacing your new HVAC system, the crew must first replace the old equipment with your new air conditioner and heating unit. This may involve gaining access to attic areas, crawl spaces, and basements that typically house the HVAC system. After cutting the power to the HVAC unit, the crew will remove any refrigerant from the AC system and begin disassembling and removing the old equipment.

Depending on the scope of your project, duct work repairand/or replacement may be involved. One or two crew members will typically begin this work, while the lead installer begins assembling the new equipment. If major ductwork is involved in your HVAC project, you can expect to have crew members negotiating their way through attics and crawl spaces to make the repairs or modifications necessary for the new equipment. In addition, major ductwork could prolong the completion of the HVAC replacement, so plan accordingly.

After repairing or modifying the existing ductwork, the crew will begin installing the new equipment to manufacturers specifications. Depending on the type of system you choose, the equipment may be installed both inside and outside your home. The components installed may include the inside air handler or evaporator, outside compressor or condensing unit, new refrigerant supply lines, thermostat, condensate drain lines, and the condensate pump when applicable. In addition, while most HVAC contractors can upgrade wiring and circuit breakers during a typical HVAC installation, major changes to the propertys electrical system and circuitry may require the services of a licensed electrical contractor.

As with many home improvement projects, unexpected repairsin addition to your written estimatecan pop up that are necessary to complete the project. These might include replacing damaged ductwork, rotten wall studs, electrical upgrades, and drywall repairs that are not included in your estimate. While most HVAC contractors will try to cover all the bases in the initial estimate, there are things that cannot be assessed until the project has started.

Upon completing HVACreplacement installation, pressure and vacuum tests are performed before charging the system with new refrigerant. After a complete inspection of the new HVAC system, refrigerant is added and the system is activated and retested to ensure all components are working properly.

After all testing is complete, your HVAC contractor should go over proper operation of the new system and warranty information as well as answer any questions. Then youll be ready to reap the benefits of a more comfortable home.

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Replacing an HVAC System - What to Expect? - Modernize

HVAC Unit Pricing Homeowners have many brands of HVACs to choose from. Some of the most popular ones include:

The price of an entire system replacement includes the cost of the new unit, installation, and removal and disposal. The cost will depend entirely on the type of system you remove and install. Call a pro for a quote.

If old ductwork requires removal and replacement, the overall project cost will increase considerably. Expect to pay an additional $500 to $3,000 for removal. Old piping and HVAC units should not be thrown in the trash. They can be recycled, donated or even sold.

Find the best HVAC installation pros near you. Read reviews and get a quote.

When replacing your HVAC system, you need to know what size to get. If you haven't made any additions to your home, you should be able to stay with the same size system. If you have made additions, even if it was just turning your garage or attic into a livable space, you will have to recalculate your needs according to the new dimensions.

As mentioned above, the rule of thumb is that you need 20 BTUs per square foot of livable space. However, this assumes that you live in ideal temperatures and have a completely and properly insulated house with absolutely no loss or leakage. In reality, the climate you live in will affect how much you actually need.

*In 1992 the Department of Energy established 13 SEER as the minimum efficiency allowed. Systems built before 1992 are 10 SEER or lower.

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2019 HVAC Costs | Average Heating & Air Conditioning Prices

1. Our technicians are experienced and knowledgeable. As the number one HVAC company in Concord, NC, we make sure our technicians are kept up to date and meet all the requirements to be NATE certified. From installing heating and air in Concord, NC, to 24 hour HVAC service calls in the surrounding areas, our technicians are here to help and answer any questions you may have.

2. We will treat your house like its our own. We use shoe covers inside your home, and our new vans are clean and organized with the right tools and parts to perform your job the right way. Our technicians focus on ensuring that your job is done in a timely manner, and you are comfortable in your home throughout the year.

3. We wont let you break the bank. Free estimates are available for all cooling and heating installation services. We also offer a semi-annual maintenance agreement program for preventative care. As your honest and dependable HVAC company in Concord, NC, we want to make sure you are aware of all your options and prices before moving forward with any HVAC service.

4. We can take care of your furnace repair in Huntersville, NC, or your air conditioning repair in Kannapolis, NC. As your Local HVAC company, we are here to take of your HVAC needs in Concord, Charlotte, and surrounding areas. Make the expert decision, and give Climate Expert LLC a call today!

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Look no further. We service heating and cooling needs in all neighborhoods around Jersey City and it all begins with just one phone call.

For more than 30 years, Sears Home Services has been making homes more comfortable. We can warm or cool your home. We can even refresh a homes interior with a small change like refaced cabinets or a new countertop or with a big update like a remodeled bathroom or kitchen.

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Is it time to service or repair your Air Conditioning or heating system or perhaps install a new one? No need to step one foot out your door. Our knowledgeable consultants from Sears Improvement of Jersey City will come to your home and explain your options, so you can choose the HVAC unit thats right for your house and budget.

There are many HVAC options in Jersey City. Sears offers a full line of Carrier and EXCLUSIVE Kenmore brand heating and air conditioning systems, including ENERGY STAR rated units. Sears sells and installs HVAC systems suited to every climate, every season, and every property size:

To make sure your new HVAC system does the best job it can do, we go beyond just installing a new heating or cooling unit. We even check the condition of the ductwork and your homes insulation, and make recommendations based on what we find. We also offer HVAC accessories such as built-in humidifiers, air filtration systems and programmable thermostats.

Remember, our local Jersey City in-home consultations are always FREE, and every home improvement project is assigned to a project manager to ensure everything goes smoothly from start to finish.

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Look around your home and decide what home improvements Sears Home Services in Jersey City can help you with today?

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