Includes increased construction activities, growing replacement demand
March 21, 2016
The global HVAC market is forecast to post a compound annual growth rate (CAGR) of close to 7 percent by 2020, according to the latest report from Technavio. The research study covers the present scenario and growth prospects of the HVAC market from 2016 to 2020.
New products and solutions will target the Canadian home building and renovation industry
February 9, 2016
Panasonic Canada Inc. announced the launch of its Home + Building Solutions division, which will offer a wide range of products designed to meet the needs of the Canadian home building and renovation industry.
Report shows the positive impact of the technology on construction
December 23, 2015
The benefits of building information modeling (BIM) and other technology advancements that allow the exchange of information on design and construction projects, including improving labor productivity and reducing costs for construction companies, are just the beginning of what can be achieved, according to a new study.
Forecasts growth in nonresidential construction spending of 7.4 percent next year
December 22, 2015
Associated Builders and Contractors (ABC) forecasts a continued steady economic recovery for the U.S. commercial and industrial construction industries in 2016. Despite a weak global economy, the industry’s solid economic recovery in 2015 should continue in 2016, led by strong consumer spending.
New construction in the residential, commercial, and industrial sectors has increased demand
December 21, 2015
The global HVAC market is forecast to grow steadily at a compound annual growth rate (CAGR) of 7 percent from 2016 to 2020, according to a new report available from ReportsnReports. Rapid growth in the construction and real estate markets worldwide is having a positive impact on the HVAC market.
US construction market to grow faster than China over next 15 years
December 2, 2015
A new report, “Global Construction 2030,” forecasts that the volume of construction output will grow by 85 percent to $15.5 trillion worldwide by 2030, with three countries — China, the U.S., and India — leading the way and accounting for 57 percent of all global growth.
Leading Markets Index shows nationwide average running at 93 percent of normal activity
November 11, 2015
Markets in 79 of the approximately 360 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2015, according to the latest National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI).
Program aims to increase geothermal heating and cooling adoption in new construction
October 22, 2015
A new, national program from Carrier and Orca Energy, a leading geothermal utility provider, is designed to makes geothermal heating and cooling more accessible in new construction homes. Orca Energy will provide financing for geothermal earth loops in new residential developments with the purchase of a Carrier geothermal system.
Minnesota-based mechanical contractor adds executive to its leadership team
September 17, 2015
Harris Companies, a leading national mechanical contractor with several locations across the country, has announced the appointment of Michel Michno as the company’s new president of construction. Michno has more than 30 years of construction industry experience.
Goodrich and team restructure Sonoran Air, saving 124 jobs
August 28, 2015
Kenneth Goodrich, CEO of US Peach LLC, a provider of HVAC and plumbing services under multiple brands, has announced the turnaround and sale of one of its portfolio companies, Phoenix-based Sonoran Air, to Mauro Calderon.