Nortek Air Solutions Announces Price Increase to All Products
Price increase will be three to nine-percent based on labor rates, third-party component vendor prices and a commodity cost rises.
St. Louis (Dec. 8, 2020) –– Nortek Air Solutions (NAS), the industry’s largest manufacturer of custom HVAC systems, announced a three to nine-percent price increase on all of its products effective Jan. 1, 2021.
The increase reflects recent rises in labor rates, third-party component vendor prices and a cost escalation on steel, copper, aluminum and other commodities. Depending on the customization, some product pricing may surpass nine-percent due to material choice, components, options and labor content, according to Joe Naccarello, Group Vice President–Sales and Customer Operations, NAS.
About Nortek Air Solutions
Nortek Air Solutions and its affiliated brands have over 300 years of combined experience in the HVAC industry. The company is an industry leader and trusted provider of custom air handling solutions and HVAC equipment for a wide range of applications – from education and office buildings, to healthcare facilities and operating rooms to data center and cleanrooms, to manufacturing facilities. Nortek Air Solutions builds and sells custom commercial solutions under the Governair®, Huntair®, Mammoth®, Temtrol®, Venmar™ and Ventrol® brands.
For More Information, Contact:
Keenan Videmschek, Nortek
(P) 636.561.7517
keenan.videmschek@nortek.com
