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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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Nov 5, 20241 min read
Copeland Appoints New President for Asia-Pacific Business Group
APAC: Copeland, a global leader in sustainable climate solutions, has announced the appointment of Michael Toh as president of its...
brg_news_room
Nov 5, 20241 min read
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...
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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
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...
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Nov 3, 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,...
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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...
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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...
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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...
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Oct 31, 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...
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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...
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Oct 30, 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...
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Oct 30, 20241 min read
Kohler Partners with Remedy Place to Launch Ice Bath for Self-Care
US: Kohler has partnered with Remedy Place, the world’s first Social Wellness Club, to create innovative self-care products, starting...
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Oct 30, 20242 min read
Masco Corporation Releases Q3 2024 Results
US: In Q3 2024, Masco Corporation reported net sales holding steady at $1,983 million, with a 1% increase in local currency. The Plumbing...
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Oct 29, 20241 min read
Grafton Group Expands with Acquisition of Spanish Distributor Salvador Escoda
Ireland/Spain: Grafton Group, the Irish building materials distributor and owner of Woodie’s DIY and Chadwicks, has announced its...
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Oct 29, 20241 min read
Tile Mountain Group in UK Plans Major Showroom Expansion Following Profit Growth in 2023
UK: Stoke-based tile and bathroom retailer Tile Mountain Group has announced plans to expand its showroom network substantially in the...
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Oct 29, 20241 min read
Lords Acquires Majority Stake in Ultimate Renewables to Expand Clean Heat Solutions Portfolio in UK
UK: Lords has announced the acquisition of a 90% stake in Ultimate Renewables Supplies Limited, a Bicester-based company established in...
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Oct 29, 20241 min read
Iran Exports 40% of its Tile and Ceramic Production to Over 50 Countries
IRAN: Iranian tile and ceramic manufacturers are actively exporting 40% of their output to over 50 countries, according to Behnam...
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Oct 28, 20241 min read
UK Government Announces the Country’s First Heat Network Zones
UK: Businesses and building owners in areas of England will benefit from low-cost, low-carbon heating after six towns and cities were...
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Oct 27, 20241 min read
Carrier's Q3 Sales Surge by 21% Driven by Viessmann Acquisition and Strong HVAC Demand
USA:Â Carrier reported third-quarter net sales of $6 billion, a 21% increase compared to last year, bolstered by the acquisition of...
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