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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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Jun 19, 20241 min read
Residential Construction Costs in USA Decline for the First Time Since October 2023
USA: The most recent producer price index (PPI) report from the U.S. Bureau of Labor Statistics revealed a 0.09% decline in inputs to...
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Jun 19, 20241 min read
Spruce Root Secures Federal Funding for Heat Pump Installation in Southeast Alaska
USA: Spruce Root has announced that it has secured federal funding to install up to 240 air-source heat pumps on Prince of Wales Island...
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Jun 19, 20241 min read
Baxi and Freedom Heat Pumps Form New Distribution Partnership
UK: Freedom Heat Pumps, one of the UK's leading heat pump distributors, has entered into a strategic partnership with Baxi. This...
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Jun 19, 20241 min read
Flair Showers Acquires The Shower Lab
Ireland: Flair Showers, an Irish showering specialist, has fully acquired The Shower Lab, an Essex-based enclosure and screen business,...
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Jun 14, 20241 min read
Havells to Invest USD 7 million in Expanding AC Production Capacities
India: Home appliances maker Havells has announced an investment of Rs 50-60 crore (USD 6-7.1 million) to expand its air conditioner...
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Jun 14, 20242 min read
Daikin Announces Five Key Commitments to Boost Heat Pump Supply in California
USA: Daikin has announced five major commitments aimed at significantly increasing the supply of heat pumps in California. These...
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Jun 14, 20241 min read
Bette GmbH & Co. KG Announces Key Management Appointments
Germany: Bath, shower tray, and washbasin manufacturer Bette GmbH & Co. KG has announced two key management appointments to strengthen...
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Jun 14, 20241 min read
World Bank Maintains Romania's GDP Growth Forecast at 3.3% for 2024
Romania: The World Bank projects Romania's gross domestic product (GDP) to grow by 3.3% in 2024, maintaining its April projection....
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Jun 14, 20241 min read
Roca Group Secures 10-Year Renewable Energy Agreement
Spain: Roca Group, a manufacturer of bathroom products including tiles, has announced a long-term renewable energy purchase agreement...
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Jun 13, 20241 min read
Vahterus Expands Production Capacity to Meet Rising Demand for Heat Pumps
Finland: Finnish manufacturer Vahterus is set to increase its production capacity by 20% in response to growing demand for heat pumps,...
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Jun 13, 20241 min read
Carrier Partners with DOE on Advanced Heat Pump Technologies
USA: Carrier Global Corporation has announced a partnership with the U.S. Department of Energy (DOE) to develop advanced heat pump...
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Jun 12, 20241 min read
IMF Lowers Growth Forecast for the Philippines Amid Weak Consumption and Investment
Philippines: The International Monetary Fund (IMF) has revised its growth forecast for the Philippines, citing weaker-than-expected...
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Jun 12, 20241 min read
CIM Group Announces Long-Term Lease with Homesense
USA: CIM Group announced on June 9 that it has signed a long-term lease with Homesense, a new concept from the parent company of...
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Jun 12, 20241 min read
Acquaviva Appoints Bantwal Ramesh Baliga as Chief Executive Officer
India: Acquaviva, a luxury Italian bathroom accessory brand in India, has announced the appointment of Bantwal Ramesh Baliga as the...
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Jun 12, 20241 min read
Vancouver City Council Approves New Efficiency Standards for Water Heaters
Canada: On June 11, 2024, the Vancouver City Council approved updates to efficiency standards for replacement water heaters, aiming to...
brg_news_room
Jun 12, 20241 min read
Rising Costs and Regulatory Changes Drive Up HVAC Equipment Prices in the US
USA: In recent years, the cost of HVAC equipment in the US has risen sharply due to several factors, including increasing raw material...
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Jun 11, 20241 min read
Thailand Targets Economic Growth with Tourism and Investment
Thailand: Thailand aims for at least 3% economic growth in 2024, seeking to attract 36.7 million tourists and boost public and private...
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Jun 11, 20241 min read
A. O. Smith Projects Robust Sales Growth and Strategic Expansion for 2024
North America: A. O. Smith Corporation is set to benefit from strong demand for water heater products and higher shipments in North...
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Jun 11, 20241 min read
Winsupply Expands HVAC Market Through Acquisition of General Metals
USA: Winsupply has acquired General Metals Manufacturing & Supply Co., a Phoenix-based HVAC manufacturer and distributor established in...
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Jun 11, 20241 min read
Panasonic Partners with Together Housing to Provide Sustainable Heating in Northern England
UK: Panasonic has collaborated with social housing provider Together Housing to provide sustainable heating solutions to over 1,200 homes...
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