Daikin to build $30m plant in Malaysia
JAPAN: Daikin is to build a $30m commercial air conditioning plant in Malaysia, according to reports from Japan.
The Nikkei is reporting that the Japanese manufacturer is looking to build the plant for large air conditioning equipment near Kuala Lumpur with start-up scheduled for 2018.
There has been no confirmation from Daikin, but it is reported that the factory will produce units for installation in airports and commercial facilities, suggesting this could be a Daikin Applied facility.
It also suggests the formation of “an umbrella company” in Malaysia for its Southeast Asian commercial air conditioner business. Daikin already operates a subsidiary company in Selangor, a facility it acquired when it purchased OYL and the McQuay brand in 2006.