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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.
Dec 16, 20242 min read
Dec 5, 20243 min read
Dec 4, 20244 min read
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Sep 9, 20241 min read
China’s Exports Surge; Imports Falter Amid Weak Domestic Demand
China: China’s exports surged in August, growing 8.7% year-on-year, the fastest pace since March 2023, surpassing the 6.5% increase...
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Sep 8, 20241 min read
ACR Component Manufacturer Sanhua Expands Operations in Hai Phong, Vietnam
Vietnam: Sanhua, a Chinese manufacturer of air conditioning and refrigeration components, has completed the second phase of its 60.8...
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Sep 8, 20241 min read
GROHE Launches First Manufacturing Facility in Saudi Arabia
Saudi Arabia: GROHE, a leading global brand for bathroom solutions and kitchen fittings, has launched its first manufacturing facility in...
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Sep 8, 20241 min read
China Faces Rising Inflation from Weather Disruptions, PPI Stuck in Deflation
China: Consumer inflation accelerated in August in China, with the Consumer Price Index (CPI) rising 0.6% from a year earlier, up from...
brg_news_room
Sep 5, 20241 min read
Paschal Air Plumbing & Electric Acquires Patriot Heat & Air to Expand Services in Oklahoma
United States: Paschal Air, Plumbing & Electric, a leading home services provider in Arkansas, Missouri, and Texas, has acquired Patriot...
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Sep 5, 20241 min read
European Construction Set to Rebound in 2025 as Building Permits Surge
Europe: The EU construction sector is expected to see a 1.5% decline in 2024, a larger decrease than previously forecast, largely due to...
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Sep 5, 20241 min read
Team Air Buys HVAC Wholesale Distributor Best Choice Supply
United States: Kian Capital-backed Team Air Distributing has acquired Best Choice Supply (BCS), an HVAC wholesale distributor based in...
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Sep 4, 20241 min read
Rheem Strengthens Air Business with Acquisition of Nortek Global HVAC
United States: Rheem has announced its intent to acquire Nortek Global HVAC (NGH), a leading air conditioning products manufacturer based...
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Sep 4, 20241 min read
Viessmann Expands UK Reach Through Strategic Partnership with APP Plumbing and Heating
United Kingdom: Viessmann Climate Solutions has entered a strategic partnership with APP Plumbing and Heating, a leading national...
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Sep 4, 20241 min read
PLI Scheme Drives Indian AC Industry Growth, Localisation Rises to 55%
India: The government's two-year-old production-linked incentive (PLI) scheme for air conditioner (AC) components has significantly...
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Sep 4, 20241 min read
Green Buildings Gain Traction in Vietnam, Could Become Compulsory by 2025
Vietnam: Green construction is gaining momentum and may soon become a compulsory standard in Vietnam. The focus on using eco-friendly...
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Sep 3, 20241 min read
U.S. Construction Spending Drops in July Due to High Mortgages and Increased Supply
US: Construction spending in the US fell by 0.3% in July, a larger drop than the 0.1% expected by economists, as rising mortgage rates...
brg_news_room
Sep 3, 20241 min read
Czech Real Wages Slow in Q2, but Purchasing Power Remains Robust
Czech Republic: In the second quarter, the average real wage in the Czech Republic decelerated, falling below market expectations due to...
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Sep 3, 20241 min read
Serbia Opens Bids for EBRD-Supported Renewable District Energy Initiative
Serbia: The Serbian mining ministry is seeking consultancy services for the implementation of a €41.9 million (46.3 million USD)...
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Sep 3, 20242 min read
Australian Home Building Approvals Surge in July, But Challenges Persist
Australia: New home building approvals have reached a 14-month high, signaling a return of market confidence. According to the Australian...
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Sep 3, 20241 min read
Carrier Appoints Viridus Energy as Exclusive Distributor for Ireland
Ireland: Carrier Solutions UK has announced a strategic shift to an exclusive distribution model for the Republic of Ireland, effective...
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Sep 2, 20241 min read
Softlogic and Daikin Announce Strategic Alliance to Drive Growth in UAE Commercial Air Conditioning
UAE:Â Softlogic Holding MEA and Daikin Middle East and Africa FZE have announced a strategic partnership aimed at expanding their market...
brg_news_room
Sep 2, 20241 min read
Panasonic and Yanmar to Launch Joint Venture for Gas Heat Pump Air Conditioners
Japan: Panasonic Corporation's Air Quality and Conditioning Company and Yanmar Energy Systems Co., Ltd. have agreed to establish a joint...
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Sep 1, 20241 min read
Fujitsu General UK Teams Up with PACAIR for Applied Air Conditioning Products
UK: Fujitsu General Air Conditioning UK has announced a new partnership with PACAIR, a specialist in bespoke air conditioning solutions,...
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Sep 1, 20241 min read
Burgbad Enhances French Production with €6M Investment, Targets Faster Deliveries
France: Burgbad, with a 9% market share in France, has invested nearly €6 million in its factory in Nogent-le-Roi (Eure-et-Loir) to...
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