Algeria SKD Legislation Algeria’s heating, ventilation and air conditioning (HVAC) industry is undergoing a major transformation, driven in large part by changes in the country’s regulatory environment. One of the major developments has been the introduction and enforcement of Semi-Knocked Down (SKD) legislation that has changed the way international and domestic manufacturers operate. With the enforcement of these regulations, more and more HVAC companies are partnering with

Ferguson Reports Stronger Second-Quarter Performance USA: Ferguson Enterprises reported solid results for the second quarter ended 30 June 2026, with sales rising 4.6% to US$8.8 billion. The company recorded strong growth in the non residential market and returned to growth in residential demand despite challenging market conditions. Ferguson completed five acquisitions during the quarter and agreed to acquire FloWorks, strengthening its technical distribution capabilities. T

Home Depot's SRS to Acquire Lohmiller, Expanding HVAC Network USA: SRS Distribution, a wholly owned subsidiary of The Home Depot, has agreed to acquire Lohmiller & Company, a Colorado-based wholesale distributor of HVAC equipment, parts and supplies. Financial terms were not disclosed. Founded in 1990, Lohmiller distributes Carrier’s residential, light commercial and applied HVAC products through four locations and employs around 220 people. The acquisition follows SRS’s rece

Carrier to Exit Turkey’s Alarko Carrier as Alarko Holding Acquires 42% Stake TURKEY: Alarko Holding has agreed to acquire Carrier’s 42% stake in Turkish HVAC manufacturer Alarko Carrier for US16.8 million, moving to end their long-standing joint venture. The agreement, signed on August 7, is expected to close within six months, subject to regulatory approval, including Türkiye’s Competition Authority. Once completed, Alarko Carrier will become a subsidiary of Alarko Holding.

Samsung and LG Strengthen HVAC Businesses as Heat Waves Boost Demand SOUTH KOREA: Prolonged heat waves and tropical nights are driving stronger demand for air conditioners and seasonal appliances in South Korea, benefiting Samsung Electronics and LG Electronics. Both companies reported double-digit growth in air-conditioner sales, with demand extending into the third quarter. The trend is also highlighting HVAC, including heat pumps, as a strategic growth area. LG operates it

SRS Distribution Expands HVAC Business with Lohmiller Acquisition UNITED STATES: SRS Distribution has agreed to acquire Lohmiller & Company, a Colorado-based wholesale distributor of HVAC equipment, parts and supplies serving residential and commercial customers. Financial terms were not disclosed. Founded in 1990 and headquartered in Denver, Lohmiller operates four locations and employs around 220 people. The company distributes Carrier’s residential, light commercial and ap

Midea Boosts Air Conditioner Production as European Demand Surges CHINA: Chinese appliance manufacturer Midea is increasing production at its Guangzhou air conditioner factory to meet rising international demand, particularly from Europe. More frequent and prolonged summer heatwaves across the region have accelerated demand for cooling equipment. Midea’s PortaSplit portable split air conditioner has emerged as a strong performer in the European market, with sales reportedly d

Bipartisan Bill Proposes Indoor Air Quality Review for US Federal Buildings US: A bipartisan group of lawmakers has introduced the Federal Facilities Indoor Air Quality Assessment Act, which would require a comprehensive review of indoor air quality (IAQ) and HVAC system performance across federal buildings. The proposed legislation follows hazardous wildfire smoke that affected air quality in the Washington, D.C. region and seeks to assess whether federal facilities meet app

HVAC Subscription Model Gains Adoption Among Contractors US: HVAC contractors are increasingly adopting subscription-based business models that provide homeowners with equipment, maintenance, repairs and ongoing support through monthly payments instead of one-time equipment purchases. The approach is intended to provide customers with predictable monthly costs while enabling contractors to generate recurring revenue and maintain longer-term customer relationships beyond tradi

New US Tariffs May Increase HVAC Equipment Costs US: New tariffs introduced by President Donald Trump impose duties of 10% to 12.5% on imports from 60 countries, which may increase the cost of imported HVAC equipment and components. The measures were implemented under Section 301 following investigations into forced-labour enforcement practices after the US Supreme Court ruled that a global import surcharge under the International Emergency Economic Powers Act could not be im

US DOE Proposes Changes to Energy Standards Process for HVAC Equipment US: The US Department of Energy (DOE) has issued a Notice of Proposed Rulemaking to revise the process used to establish federal energy conservation standards for household appliances and equipment, including air conditioning systems. According to the DOE, the proposal aligns with President Donald Trump's Executive Order, Unleashing Prosperity through Deregulation, and would modify the process used to deve

AC Export ALGERIA: Algeria is accelerating efforts to diversify its economy beyond hydrocarbons, with domestic manufacturers gaining traction in European markets. Condor Electronics, the country’s largest appliance manufacturer, has secured orders for 250,000 air conditioners from European buyers, highlighting the growing competitiveness of North African manufacturers in Europe’s consumer appliance supply chain. The milestone was underscored during a visit by Algeria’s Minist

Samsung and LG Intensify Competition in South Korea's Residential Heat Pump Market SOUTH KOREA: Samsung Electronics and LG Electronics are expanding their presence in South Korea's emerging residential heat pump market, supported by the government's heating electrification initiative. Heat pumps are gaining traction as an energy-efficient, low-carbon alternative to gas boilers, creating long-term opportunities in new housing, apartment renovations and maintenance services. LG

Rinnai Water Heater CANADA: Rinnai has been recognised as the leading brand in Canada's residential gas tankless condensing water heater market, according to the 2026 North American Heating and Cooling Markets Report by BRG Building Solutions. The company's strong market position has been supported by continued investment in high-efficiency products, expanded distribution and enhanced contractor support. Its SENSEI RX Series offers high energy efficiency, smart recirculation

AI-Driven Customised Cooling Reshapes South Korea's Air Conditioning Market SOUTH KOREA: Samsung Electronics, LG Electronics and Autech Carrier are advancing AI-enabled air conditioning systems that deliver customised cooling by adjusting airflow and energy consumption according to occupants' location, room usage and daily routines. The latest systems use sensors and artificial intelligence to direct or divert airflow, optimise comfort and improve energy efficiency. LG claims

Demand for Portable Air Conditioners Increases in Japan Japan: Demand for portable air conditioners has increased in Japan following periods of extremely high temperatures, particularly in the Tokai region where temperatures have exceeded 40°C. Retailers reported higher sales of portable units, which are generally priced between JPY 30,000 and JPY 50,000 (USD 200–335). Manufacturers and retailers have also expanded their product ranges as consumers increasingly purchase porta

Fogatti Partners with Ranger Distribution in North America North America: Ranger Distribution Inc. has entered into a distribution agreement with Fogatti to supply the company's RV product portfolio across North America. Under the agreement, Ranger Distribution will distribute rooftop air conditioners, ranges, cooktops, range hoods and KingRVer water heaters to RV original equipment manufacturers (OEMs) and industry partners. The partnership expands the availability of Fogatt

Samsung Electronics Reports Record Q2 Revenue and Operating Profit SOUTH KOREA: Samsung Electronics reported record Q2 2026 consolidated revenue of approximately US$118.9 billion and operating profit of around US$62.0 billion. While semiconductor products remained the primary growth driver, the Digital Appliances (DA) business recorded higher revenue supported by strong demand for air conditioners during the quarter. Despite cost pressures weighing on profitability, Samsung s

Alps Controls Expands HVAC Controls Portfolio Through Copeland Distribution Partnership UNITED STATES: Alps Controls has entered into a distribution agreement with Copeland to expand its portfolio of HVAC controls and temperature management products. The partnership adds Copeland's range of electronic temperature controllers, communicating and non-communicating thermostats, thermostat accessories, and protective enclosures to the Alps Controls online marketplace. The expanded

Mitsubishi Electric to Invest US$30 Million in Ohio IT Cooling Manufacturing Facility UNITED STATES: Mitsubishi Electric has announced plans to establish MEHITS US, Inc. in Mason, Ohio, to manufacture IT cooling equipment for the rapidly expanding U.S. data centre market. The company will invest approximately US$30 million to renovate and repurpose part of an existing manufacturing facility, with production scheduled to begin in April 2027. The new plant will strengthen Mitsu