Daikin and Copeland announce US joint venture
26th November 2024
USA/JAPAN: Two of the HVAC industry’s leading manufacturers, Copeland and Daikin, have announced a joint venture for Copeland to bring Daikin’s inverter swing rotary compressor technology to the US.
The joint venture will be established in the United States and will be specific to sales of inverter swing rotary compressors into the US residential market.
Copeland will hold a majority share in the new business, which is expected to become operational by the first half of 2025 following receipt of customary regulatory approvals.
Daikin’s inverter swing rotary technology, which was first introduced in the company’s compact AC units in 1997, is said to complement Copeland’s portfolio and delivers substantial benefits including reduced energy usage, cost savings and enhanced reliability.
The two companies insist that the collaboration will play a pivotal role in accelerating the shift to heat pumps, meeting both environmental goals and regulatory requirements.
The agreement will initially focus on providing test samples of Daikin’s inverter swing rotary compressors to Copeland’s US customers to facilitate swift adoption and evaluation. Copeland will provide the sales and technical support.
In the future, the companies plan to explore establishing a dedicated manufacturing facility in North America to ensure a stable supply of the high-performance compressors.
“Our established sales network, proximity to customers, and high-quality service, along with Daikin’s inverter swing rotary compressor technology, will help our customers to design and deliver highly efficient HVAC systems that address both energy and sustainability challenges,” said Copeland CEO Ross B Shuster.
