For your information news briefs from a wide variety of categories within the HVAC industry. Price increases, mergers and acquisitions, award winners, and more are highlighted here each week.
Trane Technologies’ (Davidson, North Carolina) Residential HVAC & Supply business announced a price increase of up to 8% on select HVAC equipment. The increase is effective Jan. 1, 2021, and applies to Trane, American Standard Heating & Air Conditioning, RunTru by Trane and Ameristar equipment, and all parts and supply brands.
AAON Inc. (Tulsa, Oklahoma) announced a price increase of 4% on select commercial HVAC equipment, effective Jan. 11, 2021.
Lennox Industries (Richardson, Texas) is increasing prices 4-6% on residential and commercial equipment, accessories, and parts, effective Jan. 18, 2021.
REHAU (Leesburg, Virginia) named Mark Hudoba vice president of building solutions for the Americas region.
Honeywell (Atlanta) and Vertiv (Columbus, Ohio) will work together to create integrated solutions to optimize data center sustainability, resiliency, and operational performance.
Russelectric (Hingham, Massachusetts) announced that Universal Power has been named Russelectric manufacturer’s representative for Northern California (Monterey, Kings, Tulare, and Inyo) and Nevada (all counties except Clark, Elko, and Eureka).
HVAC RESIDENTIAL MARKET
Wrench Group LLC (Marietta, Georgia) acquired Collins Comfort Masters (Gilbert, Arizona). This is the firm’s sixth acquisition in 2020.
William R. Nash Mechanical Contractors (Tamarac, Florida) was acquired by HB Global LLC (Harrisburg, Pennsylvania).
Preferred Home Services (Charleston, South Carolina) was recognized as the 8th-fastest growing company contributing to South Carolina’s economy on the South Carolina Top 25.
ServiceTitan (Glendale, California) acquired Servant Systems (Ann Arbor, Michigan).
Munch’s Supply (New Lenox, Illinois) was awarded Mitsubishi Electric Trane HVAC US LLC’s (Suwanee, Georgia) 2019 Diamond Service Group of the Year Award for its Central Business Unit.
The American Supply Association officially introduced its Project Talent careers platform, aimed at solving the current and future industry workforce challenges.