New government spending could be good for the HVAC industry, the Associated Press says.
HVAC equipment makers stand to
benefit from the billions President Barack Obama plans to spend on
infrastructure, the Associated Press is reporting.
The $40 billion Obama wants to use
to renovate government buildings and improve energy efficiency could mean good
things for the stocks of companies such as Lennox International Inc., Ingersoll
Rand Co. and Regal Beloit, an analyst for KeyBanc Capital Markets said.
The full AP story is here.
Report: Stimulus bill may be good for industry
January 21, 2009