# Johnson Controls-Hitachi signs investment contract for scroll compressor plant in Conghua, Guangzhou

Johnson Controls-Hitachi Air Conditioning's subsidiary Johnson Controls-Hitachi Wanbao Compressor (Guangzhou) signed the main terms of an investment contract with Conghua district for a scroll compressor project planned at about 100 mu of land, with investment of RMB 480 million.

- Type: New facility
- Announced: 2023-11-27
- Where: Conghua, Guangzhou, China
- Value: $66.7M (480.0M CNY)
- Status: announced
- Products: scroll compressors
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Johnson Controls-Hitachi Air Conditioning](https://endata.com/companies/5464.md)
- [Johnson Controls-Hitachi Wanbao Compressor (Guangzhou)](https://endata.com/companies/11274.md)

## Sources

- [gz.gov.cn](https://www.gz.gov.cn/ysgz/xwdt/ysdt/content/post_9338369.html), 2023-11-27: "计划投资4.8亿元，并将引进产业链下游客户以及上游工厂核心部件工厂进从化"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.