HVAC Residential Market - Articles - Page 66

LG Plans US Heat Pump Factory

Announcement made as industry leaders discuss barriers to their wider adoption

April 12, 2023

HVAC industry leaders gathered at the White House for a discussion of heat pump manufacturing and deployment. The greater use of heat pumps is part of the Biden Administration’s decarbonization strategy.

The IRA’s ‘Transformative’ Incentives

Contractors urged to market consumer tax credits while rebate plan is worked out

Matt Jachman

April 9, 2023

Nearly $9 billion in federal rebate money is eye-catching but months away. Experts say the Inflation Reduction Act’s enhanced tax credits, for consumers and contractors, are the best bets now.

Legacy Service Partners Announces Partnership with John Henry’s Plumbing, Heating & Air

April 7, 2023

Legacy Service Partners, a group of residential HVAC, plumbing, and electrical services businesses in 15 states, has partnered with John Henry’s Plumbing, Heating & Air in Lincoln, Nebraska, expanding the company’s reach in the Midwest.

HARDI Distributors Report 4% Revenue Increase in February

April 7, 2023

The sales growth for the 12 months through February 2023 is 16.1%.

Jobber Issues Home Service Economic Report

April 6, 2023

Jobber’s analysis of the home service economy in 2022 and outlook for 2023 highlight three major trends: rising costs, persevering consumer demand, and long-term resilience.

Redwood Services Invests in Keefe's A/C, Heating & Electrical

April 5, 2023

Redwood Services grows its partner roster by adding New Orleans-based Keefe's A/C, Heating & Electrical.

Right Time Group Acquires Oosterveld Heating & Air Conditioning

April 4, 2023

Established in 1980, Oosterveld Heating and Air Conditioning delivers residential heating, cooling, air quality, and hot water services to homeowners in the Guelph area of southern Ontario and surrounding areas.

HVACR OEMs Report Strong Q4 Results

Every surveyed manufacturer noted they’re well-positioned for the coming months

Matt Jachman

April 4, 2023

Six of seven major HVACR manufacturers reported year-over-year revenue increases for the fourth quarter of 2022.

Mitsubishi Electric Trane HVAC US to Host Grand Opening Event at Florence, NJ, Training and Distribution Center

April 4, 2023

At 9 a.m. EST on April 26, Mitsubishi Electric Trane HVAC US (METUS) will cut the ribbon on its new Florence, New Jersey, training and distribution center.

Hiller Plumbing, Heating, Cooling, Electrical Named ACCA's 2023 Residential Contractor of the Year

April 3, 2023

Finalists for ACCA’s Residential Contractor of the Year are judged on a range of qualities, including community involvement, industry involvement, and a commitment to training and certifications.