Strong Demand in North America Residential HVAC Markets

Regal Beloit's Climate Solutions segment saw strong demand in North America residential HVAC markets, with orders up 63% in the second quarter on a daily basis. This was driven by healthy underlying end market demand, weather, and some re-stocking activity.

“Drivers included strong demand in North America residential HVAC markets, in EMEA and in North America general industrial markets. Notably, orders in the North America residential HVAC business were up 63% in the second quarter on a daily basis, driven by healthy underlying end market demand, weather and some re-stocking activity.”

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