Nortek Air Solutions (NAS), a manufacturer of custom HVAC systems, announced an 8-12% price increase on all of its products effective August 16, 2021.
The increase is a result of surging commodity prices and continued availability shortages on materials such as steel, copper, aluminum and resin, along with third-party component vendor price increases. Depending on the customization of the product, in some cases pricing may surpass 12% due to material choice, components and options.
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Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve, and enjoy water, life’s most essential resource, today announced that it has entered int...