The Supreme Court’s refusal to hear a challenge to Section 301 tariffs leaves Chinese import duties in place and HVACR supply-chain costs under continued pressure.
The latest AHRI shipment data shows growth in cooling equipment like heat pumps and a/c in April, though the industry is still struggling with price increases.
Manufacturers announced June HVACR price increases ranging from modest adjustments to double-digit hikes, with flexible duct, insulation, valves, filtration products, motors, and water heaters among the affected categories.
The latest lawsuit to claim collusion and price-fixing by manufacturers was filed May 11 in the U.S. District Court for the Eastern District of Michigan by Husky Heating & Cooling, a contractor in Conway, Arkansas.
New HVAC manufacturers are focusing on reducing installation time and costs through simpler systems, offering more affordable alternatives to traditional, labor-intensive equipment.
The complaint by Reliable AC Services, a Florida contracting business, claims major OEMs that control more than 90% of the HVAC equipment market coordinated price increases, in violation of the Sherman Antitrust Act, at least as far back as January of 2020.
Carrier reported a 12% drop in Q1 residential sales, but commercial growth and pricing actions helped offset weakness amid ongoing lawsuits and market uncertainty.