In 2013 the global HVAC equipment market was valued at US $ 91.30 billion and is expected to reach US $ 155.10 billion by 2022, which will increase to 6.2% CAGR from 2014 to 2022. Heating, ventilation and air conditioning (HVAC) equipment is hot market (heat pump, furnace, known heaters and boilers), air conditioning (room air… read more

As meat and poultry processors fight the never ending battle to make sure their food products are safe, they are coming up with new developments in the world of rapid testing technology for pathogens, including gearing pathogen tests to work with robotics and automated lines in meat and poultry processing plants; developing new technology testing… read more

Former Michael Mina Group CEO Bill Freeman has been named chief executive of Fort Lauderdale, Fla.-based Shula’s Restaurant Group, the company said. The move comes along with several other exec changes at the multiconcept group, founded in 1989 by former Miami Dolphin’s coach Don Shula. The group includes five brands with more than 29 units… read more

Bojangles’ Inc. has named McDonald’s Corp. veterans Jose Armario as CEO and Brian Unger chief operating officer, the company announced. The Charlotte, N.C.-based chicken and biscuits company made the executive changes as it completed its sasle to Durational Capital Management L.P. and The Jordan Company L.P., a going-private deal announced in November. Board director James “Randy”… read more

Gibbs, a 29-year veteran of the fast-food brand operator, will retain his CFO title until the company can find his replacement. He will also assume operating leadership of the company’s global KFC division as well as the U.S. and international businesses of Pizza Hut and Taco Bell. The respective leaders of the three brands will… read more

I have questions. The restaurant industry is in a constant state of evolution, driven by fickle consumers and a highly competitive environment. But that change came pretty quickly in 2018 and shows no sign of abating. That leaves us curious about a lot of different things heading into the new year—many of which could have… read more

Del Frisco Restaurant Group Inc. said its board of directors was considering strategic alternatives, including the sale of all or part of the company. “The Del Frisco’s Board, in consultation with its financial and legal advisors, will review and consider a full range of options focused on maximizing shareholder value, including a possible sale of… read more

JAB Holding Co., the German parent of Panera Bread and Pret A Manger, announced Monday several executive changes as well as the formation of a new subsidiary, Pret Panera Holding Company. Senior partner Bart Becht, left, an integral player in JAB’s recent coffee sector buying spree, will retire and step down as chairman this year…. read more

Denny’s Corporation, one of the world’s largest full-service family dining chains, announced the opening of the eighth Denny’s restaurant by franchisee Grupo Comidas in the Northern Triangle of Central America comprised of the countries of El Salvador, Guatemala, and Honduras. Grupo Comidas has established a strong presence of Denny’s restaurants since becoming a franchisee in… read more

Citing high rents, changing customer demographics, and increased competition, Scotty’s Brewhouse filed for Chapter 11 bankruptcy protection and will shutter Indiana restaurants in Carmel, Muncie, and Downtown Indianapolis. The Muncie store is Scotty’s original location. According to documents filed December 12 in U.S. Bankruptcy Court in Indianapolis, the company, which also operates Thr3e Wisemen Brewing… read more