“A cycle within a season” is how Steve Tusa described the recent past for the HVAC manufacturing sector. Tusa, managing director, electrical equipment and multi-industry at JP Morgan Securities, moderated this year’s Voice of the Supplier session for the virtual HARDI Summit in early December.
Before the panel, Tusa offered some reflections on year-to-date data and some predictions. Tusa sees OEM stocking patterns and any price moves as keys to watch in 2021. He noted that with Lennox and Trane standing out as recent share gainers and Carrier heavily investing in product line as a public company now, how major players approach pricing will be critical.