Company ExpansionTrane announced an expansion of its commercial manufacturing operations in Grand Rapids, Michigan, signaling potential job growth and increased production capacity to meet rising demand.
Housing MarketForecasts indicate single-family starts and sales are projected to grow, which could signal a strengthening in the housing market and potential increase in related economic activities.
Regulatory EnvironmentThe ALJ assigned to the Cost of Capital proceeding recommended that the CPUC deny a request that challenged the Cost of Capital mechanism and the recent reset of ROEs, ensuring stability in the regulatory environment for California utilities.