Rinnai America announced the acquisition of Industrias MASS, a leader in the commercial water heater market in Mexico. This acquisition marks the first by Rinnai America Corporation and follows the launch of its Strategic Business Initiative announced earlier this year, meant to accelerate the company’s presence via acquisitions and partnerships.
Bradford White introduced the Infiniti L, the latest addition to the company’s Infiniti series of reliable and easy-to-install ENERGY STAR-certified tankless water heaters.
Rinnai America, a subsidiary of Rinnai Corporation based in Japan, has become the first major tankless water heater brand to have a U.S. manufacturing facility with advanced automation and precision assembly processes, the company notes.
According to Coherent Market Insights, the global tankless water heater market is estimated to account for $29.7 billion in terms of value by the end of 2027, witnessing a compound annual growth rate of 5.7% during the forecast period 2020-2027.
Noritz America announced that Vancouver, Washington-based Quality Sales is helping to cover the tankless water heater market in the Pacific Northwest. The manufacturer's representative will work alongside Noritz’s own sales staff in that region; specifically, Washington, Oregon, Alaska and the Idaho Panhandle in the northern part of that state.
Noritz America announced that Austell, Georgia-based Sunbelt Marketing will help cover the Southeast tankless water heater market. The master distributor and buy/sell manufacturer’s representative will work alongside Noritz’s sales team staff in that region.
Navien has launched its new NPE-2 series. The NPE-2 is offered in four Standard (NPE-S2) models up to 199,900 BTU/H and three Advanced (NPE-A2) models up to 199,900 BTU/H.
The new NPE-2 series condensing tankless water heaters from Navien have industry-leading features such as 2” PVC venting up to 75’, TDR up to 15:1, and EZNav multiline control panel with setup wizard.
