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White House: Trump and Xi hold ‘good’ meeting focused on economic ties, drug trafficking, and Iran
Read more: White House: Trump and Xi hold ‘good’ meeting focused on economic ties, drug trafficking, and IranThe White House announced that President Donald Trump “had a good meeting” with Chinese President Xi Jinping during their high-profile summit in Beijing, China, and reached common ground on several issues, including economic cooperation, drug trafficking and conflict in the Middle East. Early on Thursday, the White House released a statement following bilateral meetings between…
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More Lawsuits Filed Claiming OEM Pricing Coordination
Read more: More Lawsuits Filed Claiming OEM Pricing CoordinationMore Lawsuits Filed Claiming OEM Pricing Coordination Direct-purchaser cases follow earlier end-user suit, target contractors and distributors Dylan Kurt April 24, 2026 Two more lawsuits alleging that major HVAC OEMs engaged in a multi-year price-fixing conspiracy has been filed in federal court. Unlike a similar class-action lawsuit filed in March, Berg v. Robert Bosch, LLC,…
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Carrier Residential Sales Fall 12% in First Quarter
Read more: Carrier Residential Sales Fall 12% in First QuarterCommercial strength offsets declines, as leadership defends pricing and pushes back on lawsuits Carrier’s first quarter earnings reflected uneven demand across its Climate Solutions Americas (CSA) segment, with residential softness partially offset by continued strength in commercial HVAC, data centers, and aftermarket sales. Total company sales reached $5.3 billion, up 2%, in what executives described…
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How HVAC Contractors Can Solve Labor Woes in the Age of AI
Read more: How HVAC Contractors Can Solve Labor Woes in the Age of AIHVAC offers stability to 52% of U.S. workers worried about AI’s impact Chris Gray May 11, 2026 The HVAC industry may be safe from artificial intelligence taking over its jobs, but that doesn’t mean its labor issues are resolved. According to a report from staffing agency Randstad, 52% of U.S. workers worry about AI’s impact…
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Trane Technologies Q1 2026 slides: record HVAC bookings drive beat
Read more: Trane Technologies Q1 2026 slides: record HVAC bookings drive beatIntroduction & Market Context Trane Technologies plc (NYSE:TT) delivered first-quarter 2026 results that exceeded Wall Street expectations on April 30, 2026, driven by exceptional demand in commercial HVAC markets and record bookings that position the company for sustained growth. The climate solutions provider reported adjusted earnings per share of $2.63, beating analyst forecasts of $2.53…
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2026 HVAC Market Forces & Regulatory Shifts
Read more: 2026 HVAC Market Forces & Regulatory ShiftsSeveral key factors are driving price changes in 2026, including: Tariffs on Imported Components: Baseline 10% tariffs on all imports, combined with up to 145% on Chinese goods and 25% on Mexican products, are adding significant cost pressure across the supply chain. Even U.S.-assembled systems rely on imported compressors, circuit boards, and copper components…
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Rheem and Ecobee Partner
Read more: Rheem and Ecobee PartnerThe ecobee Smart Thermostat Lite | Works With EcoNet® Technology is the newest addition to Rheem’s smart thermostat lineup, introducing a simplified option designed for 24-Volt installations and boasting simple home integration, energy efficiency and more Rheem and eecobee announced a partnership to launch the ecobee Smart Thermostat Lite | Works with EcoNet® Technology. This…
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Danfoss Expands Heat Exchanger Production to Mexico
Read more: Danfoss Expands Heat Exchanger Production to MexicoWith demand for heat exchangers increasing as the adoption of sustainable cooling sources grows, Danfoss is pleased to begin production of its brazed plate heat exchangers at its newly expanded factory in Monterrey, Mexico. This will enable the company to shorten supply chains in North America by reducing delivery times to its customers in the…
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Trane Technologies Completes Acquisition of Stellar Energy
Read more: Trane Technologies Completes Acquisition of Stellar EnergyTrane Technologies announced that it has completed the acquisition of Stellar Energy Americas, Inc. (“Stellar Energy”), a leading provider of turnkey data center cooling solutions. The acquisition strengthens Trane Technologies’ leadership in data center thermal management solutions, while accelerating growth, innovation and scale for Stellar Energy. Stellar Energy’s expertise in modular data center solutions combined…
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Engineering HVAC Solutions for Efficiency and Connectivity
Read more: Engineering HVAC Solutions for Efficiency and ConnectivityExamining sustainability and digital transformation with Rheem’s Rodrigo Cedeno and Chris Day In this special conversation, Engineered Systems NEWS sits down with Rodrigo Cedeno, director of global sustainability, and Chris Day, vice president of product strategy, marketing and training at Rheem Manufacturing Company. Together, they discuss Rheem’s latest advances in heat pump technology, digitalization, and…