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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.
US Single-Family Housing Starts to Decline as High Mortgage Rates Persist
USA: U.S. single-family homebuilding saw a sharp decline in October, falling by 6.9% to a seasonally adjusted annual rate of 970,000...
brg_news_room
Nov 20, 20241 min read


Lennox Partners with Contractor Commerce to Boost Ecommerce for Dealers and Consumers
USA: Lennox, a global leader in heating, ventilation, and air conditioning (HVAC) systems, has teamed up with Contractor Commerce to...
brg_news_room
Nov 19, 20241 min read


AAON to Invest $238M in Tennessee, Adding 828 Jobs
US: AAON, Inc. will invest $238 million to establish a new production facility in Memphis, Tennessee. The company will utilize the former...
brg_news_room
Nov 17, 20241 min read


California Launches New Rebates to Cut Home Energy Costs with Heat Pumps
US: Governor Gavin Newsom announced new heat pump rebates under California’s Home Electrification and Appliance Rebates (HEEHRA) program,...
brg_news_room
Nov 17, 20241 min read
Liberty Service Partners Expands with Wilson Heating & Air Partnership
Liberty Service Partners Expands with Wilson Heating & Air Partnership USA: Liberty Service Partners has announced a new partnership with...
brg_news_room
Nov 14, 20241 min read


Over 500,000 Govee Electric Space Heaters Recalled Due to Fire and Burn Hazards in USA
USA: The United States Consumer Product Safety Commission announced a recall of approximately 512,500 GoveeLife and Govee Smart Electric...
brg_news_room
Nov 12, 20241 min read
Morgan Stanley PE to Sell HVAC Firm to Goldman Sachs
US: Morgan Stanley's private equity division is selling its heating, ventilation, and air conditioning (HVAC) business, Sila Services,...
brg_news_room
Nov 12, 20241 min read


Home Energy Rebates Kick Off in New Mexico, Offering Up to $14,000 in Savings
United States (New Mexico): New Mexico has launched its first Home Energy Rebates program under the federal Inflation Reduction Act,...
brg_news_room
Nov 10, 20241 min read


Ideal Air Conditioning Expands HVAC Services
USA: Ideal Air Conditioning and Insulation, based in Phoenix, is enhancing its HVAC service operations by expanding its team of...
brg_news_room
Nov 8, 20241 min read


Kohler to Introduce Chinese Cultural Designs in Product Expansion
USA/China: Kohler Co Ltd, a global bathroom and kitchen products manufacturer, plans to integrate elements of traditional Chinese culture...
brg_news_room
Nov 8, 20241 min read


Evans Air Conditioning Expands HVAC Services
USA: Evans Air Conditioning has expanded its HVAC services to McDonough, Georgia, offering heating, cooling, and indoor air quality...
brg_news_room
Nov 8, 20241 min read


NOVAIR Expands to Eastern Canada, Offering Advanced Cold Climate Solutions
Canada: NOVAIR Heat Pumps, a leader in energy-efficient HVAC solutions, is expanding into Eastern Canada to make advanced cold climate...
brg_news_room
Nov 5, 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...
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...
brg_news_room
Nov 3, 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...
brg_news_room
Oct 30, 20241 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...
brg_news_room
Oct 30, 20242 min read


Carrier's Q3 Sales Surge by 21% Driven by Viessmann Acquisition and Strong HVAC Demand
USA: 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


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


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 23, 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
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