World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Carrier/Midea in new joint venture

USA: Carrier and Midea have announced a new joint venture to meet growing demand in North America for residential ductless air conditioning systems.

The companies say that Carrier Midea North America will combine Carrier’s extensive distribution network and Midea’s ductless development expertise.

This latest deal extends a long-term collaboration between the US and Chinese manufacturers. Their first joint venture, Foshan Midea Carrier Air-Conditioning Equipment Co, was established in 2008, manufacturing residential Carrier-brand products for distribution worldwide. The business relationship between Midea and Carrier has since successfully expanded to include joint ventures in Brazil, Argentina, Chile, India and Egypt. In 2015, Carrier Asia acquired a minority stake in Chongqing Midea General Refrigeration Equipment, Midea’s commercial centrifugal, screw and modular chillers business.

“The ductless HVAC segment continues to grow in North America as residential customers look to efficiently and easily address comfort in their home, from a single room to their entire home,” said Chris Nelson, president, North America HVAC systems & services, Carrier. “This relationship will provide homeowners and contractors with a better, more efficient ductless product portfolio they demand, backed by a global ductless system manufacturer, Midea.”

Related stories:

Carrier buys stake in Midea commercial ac26 April 2015
CHINA: Carrier Air Conditioning subsidiary Carrier Asia is acquiring a minority stake in Chongqing Midea General Refrigeration Equipment Co Ltd. Read more…

Latest News

25th April 2025

Commission rules out earlier F-gas review

EUROPE: The European Commission has again rejected a call for an earlier review of the F-gas regulation (2024/573).
24th April 2025

Cooling AI brings data centre efficiency gains

USA: Critical cooling company Airedale by Modine is now offering an AI-enhanced version of its Cooling System Optimizer for high-density data centres. 
24th April 2025

Beijer Ref sales up 16% in Q1

SWEDEN: Wholesaler Beijer Ref has reported a net sales increase of SEK8,898m (€813m) in Q1, a 16% increase on the same period last year. 
23rd April 2025

Birds Eye view of solar-powered trailer

UK: Birds Eye is to employ two solar-powered Sunswap refrigerated trailers in its fleet transporting produce from its production facility in Lowestoft to its distribution hub at Wisbech.
22nd April 2025

Contractor guilty of £50,000 Covid loan fraud

UK: A contractor offering plumbing, heating and air conditioning installation has been convicted of fraudulently claimeing a £50,000 Covid Bounce Back loan.
22nd April 2025

Daikin and Hitachi trial AI for fault diagnosis

JAPAN: Daikin and Hitachi are to begin a collaborative trial to commercialise a generative AI agent that supports equipment fault diagnosis in factories.