|
|
 |
| |
| HVAC
INDUSTRY NEWS |
HARDI
Official Statement on New Steel and Aluminum Tariffs.
Heating, Air-conditioning & Refrigeration Distributors
International (HARDI) expresses concern over the new
steel and aluminum tariffs announced this week, in that
they may have detrimental impact on demand for HVACR
products.
According to a survey of HARDI members conducted by the
HARDI Sheet Metal & Air Handling Committee which
concluded on March 7, the current overall domestic
production capacity of steel and aluminum HVACR products
cannot alone meet current demand of the domestic market.
The American steel and aluminum industries also cannot
currently make certain materials such as the low-gauge
foil required to make FSK (Foil-Scrim-Kraft) facings
used on essential duct insulating products such as duct
board and duct wrap. Therefore, our concern is that an
increase in aggregate costs brought by the new tariffs
may also result in a decrease in demand for HVACR
products further along the supply chain.”
Story
continues below ↓
|
advertisement |
your ad here
|
HARDI does not currently know how these tariffs will
affect the demand of finished HVACR products in terms of
quantified metrics, but going forward HARDI intends to
quantify this impact through closely monitoring its
benchmarking and statistical programs.
"The immediate impact of these new tariffs will be felt
first by our suppliers," says HARDI CEO Talbot Gee.
"They have HARDI's full support so long as the interests
of and benefits to the rest of the channel are
maintained."
"The HARDI Sheet Metal & Air Handling Committee has been
integral in working with members for our analysis of the
potential impact of these new tariffs," Gee continues.
"We are confident in their ability to give continued,
accurate assessments of the effects on our industry as
this new policy is implemented."
ABOUT HARDI
HARDI (Heating, Air-conditioning and Refrigeration
Distributors International) is the single voice of
wholesale distribution within the HVACR industry.
HARDI members market, distribute, and support heating,
air-conditioning, and refrigeration equipment, parts and
supplies. HARDI Distributor members serve installation
and service/replacement contractors in residential and
commercial markets, as well as commercial/industrial and
institutional maintenance staffs. HARDI proudly
represents more than 480 distributor members
representing more than 5,000 branch locations, and close
to 500 suppliers, manufacturer representatives and
service vendors.
# # #
|
|
|
|
|
