The report indicates that the HVACR market is primed for continued business growth. Reports for 2018 are at an all-time high, with 44 percent of respondents reporting a significant sales increase of more than 10 percent year over year; this is up from an already impressive 2017 record of 35 percent.
The plant was completed earlier this year, six months ahead of schedule, and has already produced more than 30 million feet of PEX tubing, while adding more than 40 jobs in the community.
Joseph Ragan will serve as executive vice president and CFO of Resideo. He was most recently CFO at Ferroglobe PLC, a publicly traded, $2 billion global manufacturer of metal alloys and other metallic products created through a merger of FerroAtlántica and Globe Specialty Metals.
WaterFurnace Intl. Inc., a manufacturer of geothermal and water source heat pumps, has hired Bruce Cole to serve as its vice president of residential sales and marketing.
The CEO awards program seeks to honor C-level executives from around the world and across multiple industries, focusing on the personalities who drive successful corporations and organizations.