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Latest News from BRG and the Global Building Products Industry
Stay informed regarding BRG's latest publications and industry news covering the markets for HVAC equipment, components & controls, bathroom & kitchen products, plumbing, pipes, valves & fittings and thermal insulation.


Clivet Expands with New Heat Pump Factory in Italy
ITALY: Clivet recently held a groundbreaking ceremony in Feltre for a new 30,000-square-meter factory dedicated to producing residential...
brg_news_room
Nov 5, 20241 min read


Spanish Manufacturing Sees Fastest Growth in Over Two Years, Boosting Economic Confidence
Spain: Spanish manufacturing activity accelerated in October, achieving its strongest growth in over two years, with increases in output,...
brg_news_room
Nov 5, 20241 min read


Australia's Central Bank Sees Persistent Inflation and Strong Job Growth
Australia: Australia’s central bank anticipates a gradual decline in underlying inflation, revising its employment growth outlook upwards...
brg_news_room
Nov 5, 20241 min read


Wickes Expands Store Format as Design & Installation Sales Begin to Stabilize
United Kingdom: Wickes, the DIY and home improvement retailer, reports that its Design & Installation business is stabilizing, with a...
brg_news_room
Nov 5, 20241 min read


Wolseley Group Enhances HVAC Portfolio with Logicool Acquisition
UK: Wolseley Group has acquired Logicool, a specialist distributor based in Swadlincote, Derbyshire, focusing on heat pumps, ventilation,...
brg_news_room
Nov 3, 20241 min read


AirJoule LLC Formed by GE Vernova and Montana for Sustainable HVAC and Water Solutions
USA: GE Vernova and Montana Technologies Corporation have launched AirJoule LLC, a joint venture aimed at creating sustainable HVAC...
brg_news_room
Nov 3, 20241 min read


Clerici Group Expands with Four Strategic Acquisitions, Boosting Annual Revenue by $36.49 Million
Italy: Bergamo-based Clerici Group, known for distributing heating, plumbing, and bathroom furnishings, completed four acquisitions over...
brg_news_room
Nov 3, 20241 min read


Argentina: Central Bank Slashes Interest Rate, Citing Lower Inflation Expectations
Argentina: Argentina’s central bank cut its benchmark interest rate to 35% on 1st Nov 2024, marking a 500 basis point decrease and...
brg_news_room
Nov 3, 20241 min read


Trane Appoints Global Group as Distributor for LEAF Propane Heat Pump
UK: Trane has appointed Global Group as a unitary dealer for its LEAF Inverter propane heat pump, a new air-to-water heat pump that both...
brg_news_room
Nov 3, 20241 min read


LIXIL Reports Revenue and Profit Growth Amid Structural Reforms
Japan: LIXIL Corporation announced revenue and profit growth for the six-month period ending 30 September 2024, supported by new product...
brg_news_room
Oct 31, 20241 min read
Autumn Budget 2024 Earmarks GBP 3.4 Billion for Heat Decarbonisation
UK: Chancellor Rachel Reeves, in her first budget, has announced a commitment to an initial GBP 3.4 billion towards heat decarbonisation...
brg_news_room
Oct 31, 20241 min read


LG Electronics India Sees Strong Revenue and Profit Growth in FY24
India: LG Electronics India reported a 7% increase in revenue, reaching Rs 21,557 crore (2.59 billion USD) for FY24, according to recent...
brg_news_room
Oct 30, 20241 min read
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