Nortek CEO Comments on Residential and Non-Residential Construction Markets

Nortek's CEO noted improving conditions in overall residential and non-residential construction markets, but highlighted softness in remodeling, replacement, and non-residential healthcare sub-markets. Growth is anticipated in the markets served by the RCH and SCS segments.

“While conditions are improving in the overall residential and non-residential construction markets, there still appears to be softness in certain sub-markets that are important to Nortek, such as remodeling and replacement and the non-residential healthcare segment.”

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