JAPAN: Mitsubishi Heavy Industries has formed a joint venture with Chinese contractor Nantong Hualong Construction Engineering for its centrifugal chillers, air-conditioners and heat pump water heaters throughout China.
The new JV, named Jiangsu Lingte Construction & Technology Co Ltd, is based in Haimen, Jiangsu Province, close to Shanghai. The JV will not only perform sales of equipment but also develop a structure for taking new orders, including installation and engineering work. In this way, Jiangsu Lingte Construction & Technology will support activities in the Chinese market toward expanding sales of MHI brand products.
The JV was founded through Mitsubishi Heavy Industries Air-conditioners (Shanghai) Co (MHIAS), a wholly owned subsidiary of MHI Thermal Systems based in Shanghai.