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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.

brg_news_room
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...


brg_news_room
Oct 27, 20241 min read
Government Increases Import Duty on ACs to Address Widening Current Account Deficit and Weakening Rupee
India: The government raised import duties on 19 non-essential items, including air conditioners, refrigerators, jewellery, diamonds, and...

brg_news_room
Oct 27, 20241 min read
KRN HVAC Signs $119 Million MoU for Heat Exchanger Plant in Rajasthan, India
India:Â KRN HVAC Products, a subsidiary of KRN Heat Exchanger, has signed a Memorandum of Understanding (MoU) with the Government of...

brg_news_room
Oct 27, 20241 min read
ImpulsTec and Hansgrohe Launch World's First Electrohydraulic Recycling Facility for Coated Plastics
Germany: Hansgrohe Group, in collaboration with ImpulsTec GmbH, has launched the world's first electrohydraulic shredding and material...


brg_news_room
Oct 24, 20241 min read
Tokyo Core Inflation Falls Below 2%, Posing Challenge for Japan's Rate Policy
Japan: Tokyo’s core inflation rate in October fell below the Bank of Japan’s 2% target for the first time in five months, according to...


brg_news_room
Oct 24, 20241 min read
Johnson Controls to Deliver Baltic Sea Heat Pump for Neustadt’s District Heating
Germany: Johnson Controls is supplying the German municipality of Neustadt in Holstein with an advanced heat pump system that uses...

brg_news_room
Oct 24, 20241 min read
Villeroy & Boch Surpasses EUR 1 billion (USD 1.08 billion) in Revenue for 2024
Germany: In the first nine months of the 2024 financial year, the Villeroy & Boch Group reported total revenue of EUR 1,007.8 million...

brg_news_room
Oct 24, 20241 min read
NIBE Partners with Ziegler to Boost Sustainable UK Deliveries
UK: NIBE Energy Systems, the European heat pump manufacturer, has partnered with global logistics provider Ziegler Group to enhance its...

brg_news_room
Oct 23, 20241 min read
US Treasury Awards USD 246.4 Million for Affordable Housing and Community Facilities
US: The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund has awarded USD 246.4 million to 48...

brg_news_room
Oct 23, 20241 min read
Concilio Group Acquires Line Art, Plans Brand Revitalization
France: Line Art, the French manufacturer specializing in solid wood bathroom furniture, has sold a majority stake to the Concilio group,...


brg_news_room
Oct 23, 20241 min read
First Compliance Group Acquires Duct Hygiene to Expand Ventilation and Fire Safety Services
UK: First Compliance Group has acquired Duct Hygiene, a specialist in ventilation maintenance and fire safety services. This acquisition...


brg_news_room
Oct 23, 20241 min read
Heat Pump Producers Seek Support from Brussels as Sales Decline
Belgium: Heat pumps are emerging as a key technology in Europe’s shift toward cleaner energy, but recent data shows a significant drop in...

brg_news_room
Oct 23, 20241 min read
RWK & Kuhlmann Begin Manufacturing V&B Kitchens
Germany: RWK & Kuhlmann Küchen has unveiled its first kitchen collection for Villeroy & Boch under an exclusive license at its in-house...

brg_news_room
Oct 23, 20241 min read
Finnish Geothermal Firm, QHeat Aims Global Expansion
Finland: Finnish geothermal energy company QHeat has announced plans for international expansion, offering its patented geothermal...

brg_news_room
Oct 23, 20241 min read
Ravenna Opens New Store in Thessaly, Greece
Greece: Ravenna, Greece's leading company in tiles and sanitary ware, continues its expansion by entering the furniture and lighting...


brg_news_room
Oct 23, 20241 min read
IMF Raises US Growth Outlook, Lowers China; Predicts Sluggish Global Economy
US: The International Monetary Fund (IMF) has revised its 2024 economic growth forecasts, increasing projections for the U.S., Brazil,...


brg_news_room
Oct 22, 20241 min read
Electricity Costs Drive Growth of Heat Pump Markets in Europe
UK: Cost-effective electricity is crucial for driving strong heat pump adoption in Europe, according to data from the European Heat Pump...


brg_news_room
Oct 22, 20241 min read
Bélanger Unveils Rebranding and Launches New Faucet and Shower Collections
CANADA: Bélanger, a renowned Canadian faucet manufacturer with nearly 60 years of expertise, has unveiled a rebranding initiative,...

brg_news_room
Oct 22, 20241 min read
Hisense Partners with EPACK Durable to Establish AC Manufacturing Unit in India
India: Chinese consumer electronics giant Hisense has partnered with EPACK Durable to establish a manufacturing facility in India,...

brg_news_room
Oct 22, 20241 min read
RAK Ceramics Partners with Sobha Group to Supply Premium Tiles for Upcoming Projects
UAE: RAK Ceramics has signed a framework agreement with Sobha Constructions LLC, the construction arm of Sobha Group. As part of the...
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