Multifamily housing continues to be a key segment of the marketplace for manufacturers of PHCP products.
“Multifamily housing increases and opportunities are rapidly growing in the prospering states and regions in North America,” says Brian Fenske, specialty channel sales manager for tankless water heater manufacturer Navien. “Attributed to the recent economy prospering, the building and the need for cost-efficient semi-temporary housing mirrors areas that are adding jobs. With housing costs up and inventory low in some areas, multifamily housing is assisting in meeting the needs of young professionals and relocating families.”