The money, through the Inflation Reduction Act’s Home Electrification and Appliance Rebates program, is for direct-to-consumer rebates for the purchase of qualifying high-efficiency HVAC equipment, including up to $8,000 for a heat pump.
The launch includes a majority of the company's residential portfolio of heat pumps, air conditioners, air-handling units, and indoor evaporator coils.
New ACCA board chairman Martin Hoover said he has always been passionate about the work ACCA does, and that he is looking forward to working to drive membership and highlight ACCA’s member resources.
A.O. Smith was among more than 135 other companies in 19 countries and 46 industries that were named to Ethisphere's 2024 World's Most Ethical Companies list.
John Norris Jr. was the grandson of Lennox founder D.W. Norris and, during a 46-year career, was instrumental in the company's tremendous growth. He had retired in 2006.
LG plans to increase U.S. manufacturing capability and training opportunities and invest $8 billion in research and design and other programs that will boost its competitiveness in an HVAC market that’s moving toward electric equipment.