Articles Tagged with ''HVAC equipment market''

Thermowave will operate as a stand-alone company under its existing name, a press release from Nexson Group said. The acquisition is expected to strengthen and complement Nexson Group’s portfolio.

"Going forward, the pace of existing home sales is turning and mortgage rates are shrinking. This annual growth rate chart will be turning higher very soon," said Brian Loftus, HARDI’s macroeconomic and residential market analyst.

Lennox Industries plans to increase prices on residential equipment and accessories by up to 10% beginning Monday, Feb. 5.

The 27,000-square-foot Jackson, Tennessee, location will have five team members, including a branch manager, salespeople, and warehouse personnel, and is expected to open by the end of the year.

The residential division at Trane Technologies announced that some prices will go up by as much as 5% while others will decrease or remain unchanged. The adjustments take effect in January.

Mojave’s patented ArctiDry technology uses a highly concentrated salt solution to passively pull water from air.

Lennox said presistent inflationary pressures have prompted it to plan to hike prices on commercial equipment and accessories. The increases take effect in January.

Malco has enjoyed a sharp increase (to nearly 13%) in annual growth since the start of this decade and has added several new strategic leaders throughout the company.

TMS Johnson will represent Modine’s Airedale brand in Minnesota and Western Wisconsin.