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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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Aug 11, 20241 min read
Indonesia’s Economic Growth Stays Strong Despite Global Challenges, Says IMF
Indonesia: The International Monetary Fund (IMF) has commended Indonesia's robust economic growth despite global uncertainties, as...
brg_news_room
Aug 11, 20241 min read
Voltas Reports Over Two-Fold Increase in Q1 Profit Driven by Soaring AC Sales
India: India's Voltas reported a significant more than two-fold increase in its first-quarter profit, driven by soaring demand for air...
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Aug 9, 20241 min read
Daikin NZ Develops Advanced Warehouse and Distribution Centers
New Zealand: Daikin New Zealand is expanding its operations with the construction of two new purpose-built facilities in Auckland and...
brg_news_room
Aug 9, 20241 min read
Hansgrohe Introduces Toilet with Noise Reduction and Water-Saving Feature
UK: Hansgrohe has launched its new EluPura Original wall-hung toilet, designed with a "round and soft geometric shape" that complements...
brg_news_room
Aug 9, 20241 min read
Israel Passes Law Mandating Solar Panels on New Buildings
Israel: Israel’s Ministry of Energy has approved regulations that mandate the installation of solar energy systems on all new...
brg_news_room
Aug 9, 20241 min read
Johnson Controls Acquires Password Services to Enhance HVAC Capabilities in the UK
UK: Johnson Controls has acquired Password Services (Holdings) Limited, including Password Services (Air Conditioning) Limited, a...
brg_news_room
Aug 9, 20241 min read
Gamut Capital Management Announces Acquisition of Airtron Heating & Air Conditioning
New York:Â Gamut Capital Management, a New York-based private equity firm, has signed a definitive agreement to acquire Airtron Heating &...
brg_news_room
Aug 9, 20241 min read
Daikin Secures $39M DOE Grant for Heat Pump Production
US: Daikin Comfort Technologies North America Inc. has been awarded a $39 million grant by the U.S. Department of Energy (DOE) to advance...
brg_news_room
Aug 9, 20241 min read
US Government Allocates $85 Million to Boost Electric Heat Pump Manufacturing
US: The U.S. government has announced an $85 million investment in four heat pump manufacturers under the Defense Production Act to...
brg_news_room
Aug 8, 20241 min read
Bank of Japan Hikes Interest Rates to 15-Year High, Plans to Scale Back Bond Purchases
Japan: The Bank of Japan raised interest rates to levels unseen in 15 years and revealed a detailed plan to slow its massive bond-buying...
brg_news_room
Aug 8, 20241 min read
Malaysia Signs Deal with Singapore for Special Economic Zone
Malaysia: Malaysia announced it is close to finalizing a deal with Singapore to develop Southeast Asia’s first cross-border special...
brg_news_room
Aug 8, 20241 min read
Vietnamese Economy Rapidly Recovers Due to Decisive Actions
Vietnam: Vietnam's economy rebounded rapidly in the first half of 2024 following a challenging period at the end of 2022 and early 2023,...
brg_news_room
Aug 8, 20241 min read
Cambodia Starts Construction of Controversial China-Funded Canal Amid Environmental and Diplomatic Concerns
Cambodia: Cambodia Initiates Controversial China-Funded Canal Project Amid Environmental and Diplomatic Concerns. Cambodia commenced...
brg_news_room
Aug 8, 20241 min read
China’s Export Growth Falls Short of Expectations
China: China’s export growth in dollar terms fell short of expectations last month, signaling potential risks to policymakers who heavily...
brg_news_room
Aug 8, 20241 min read
UK Construction Sector Experiences Significant Growth in July
UK:Â The UK construction sector experienced a notable surge in growth as July saw a significant rise in activity and new orders, prompting...
brg_news_room
Aug 8, 20241 min read
Carrier Collaborates with Sibi to Enhance HVAC Supply Chain Efficiency
INDIANAPOLIS: Carrier and Sibi are collaborating to transform the HVAC industry through enhanced data-driven efficiency and a new...
brg_news_room
Aug 6, 20241 min read
TECE Announces New Production Plant in Croatia, Plans to Close Wuppertal Facility
Croatia: The TECE Group is planning to build a new production site in Novska, Croatia, with construction starting in 2024. The purchase...
brg_news_room
Aug 6, 20241 min read
Panasonic Collaborates with a Leading Distributor in the UK to Drive Renewable Heating Solutions
UK- Wolseley, a leading distributor of plumbing and heating products, and Panasonic Heating & Cooling have announced an enhanced...
brg_news_room
Aug 6, 20241 min read
VitrA Appoints Cadco as its First ‘Vitality Partner’ in Northern Ireland
Ireland: VitrA has appointed Cadco as their first VitrA Vitality Partner in Northern Ireland. Cadco, an independent family-run business...
brg_news_room
Aug 6, 20241 min read
Franklins European Bathrooms Goes into Liquidation
New Zealand- Auckland-based, family-owned bathroom ware and plumbing supplies business Franklins has gone into liquidation. The company...
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