Nortek Air Solutions (NAS), a manufacturer of custom HVAC systems, has announced a 3 to 9 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 9 percent due to material choice, components, options and labor content, according to Joe Naccarello, group vice president–sales and customer operations, NAS.